About iyris
iyris is an Agriculture company based in Al Ain (United Arab Emirates) founded in 2014 by Derya Baran. Provider of solutions for indoor crop production. iyris has raised $52.4 million across 6 funding rounds from investors including AppHarvest, Savola Group and King Abdullah University of Science and Technology. Its chief executive, as recorded, is Derya Baran. iyris offers products and services including SecondSky and Iyris Labs. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Equipment and Greenhouse Systems.
Company details
Iyris was founded in 2014 in Al Ain, United Arab Emirates, by Derya Baran, who serves as CEO. Indoor crop production solutions are offered by the company, encompassing energy-producing power glass and optics methods designed for plant growth. Operations focus on agritech innovations to support controlled environment agriculture, with services extending to related technologies for efficient indoor farming in the region.
- Total Equity Funding$52.4M (USD)
in 6 rounds
- Latest Funding Round$16M (USD), Series A
May 2024
- InvestorsAppHarvest
& 13 more
Products & Services of iyris
iyris offers a comprehensive portfolio of products and services, including SecondSky and Iyris Labs.
Mitigates radiation effects on crops to reduce energy costs.
Serves as an engine for developing agriclimate technologies.
Apps and channels of iyris
its YouTube channel RedSea has 45 subscribers.
Funding Insights of iyris
iyris has successfully raised a total of $52.4M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $52.4M
- Total Rounds 6
- Last Round Series A — $16M
- First Round $100,000
(Sep 2018)
- Investors Count 14
All 6 funding rounds of iyris with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $16M | Series A | – | Ecosystem Integrity Fund | |
| Apr 2022 | $18.5M | Series A | – | Wa'ed Ventures | |
| Aug 2021 | $6M | Seed | – | Wa'ed Ventures, futureinvestmentinitiative.com | – |
| Jun 2021 | $10M | Seed | – | Wa'ed Ventures, futureinvestmentinitiative.com | |
| May 2019 | $1.9M | Seed | – | King Abdullah University of Science and Technology, RPDC | – |
| Sep 2018 | $100,000 | Grant | – | – |
14 investors in total: 13 institutional and 1 angel.
Investors in iyris
iyris has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include AppHarvest, Savola Group and King Abdullah University of Science and Technology.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided to early-stage startups by this fund. | eif.vc | San Francisco, United States | ||
Investments are directed toward growth-stage tech firms in emerging markets. | global.vc | Dubai, United Arab Emirates | ||
Stage-agnostic investments in European tech firms are made by Globivest. | globivest.com | Beirut, Lebanon | ||
Operations in industrial, energy, logistics, shipping, travel, and real estate sectors across multiple regions. | kanoo.com | |||
| waed.net | ||||
Manages a funds-of-funds portfolio with investments across multiple sectors. | 2021 | dfdf.vc | Dubai, United Arab Emirates | |
Engineering and science courses are provided by the university. | 2009 | kaust.edu.sa | Jeddah, Saudi Arabia | |
Diversified investment management firm | 1979 | savola.com | Jeddah, Saudi Arabia | |
| futureinvestmentinitiative.com |
Investor details for iyris
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of iyris
23 people are tracked at iyris (14 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Derya Baran | Founder & CEO | Leadership |
Juan García | Head Of Product | Leadership |
Nibal Abdul Aziz | Managing Director | Leadership |
Michelle Glover | Director Of Finance | Leadership |
Simon Stockil | Growth Director: Emerging Markets | Leadership |
Richard Kohn | Global Marketing Director & Head Of External Relations | Leadership |
Amber Freeman | Head Of Legal | Leadership |
Ryan Lefers | Founder | Leadership |
Simon Bryant | Company President | Leadership |
Nico Augsburger | Product And Growth Director | Leadership |
Leanne Lloyd | Head Of People And Talent | Leadership |
Titou Minster | Commercial Director - Global Supply Chains | Leadership |
Daniel Bryant | Chief Technology Officer | Leadership |
Storm van Zyl | Group CFO | Leadership |
Alba Luna | Administrative And Certifications Manager | Team |
Diego Acevedo | Business Development | Team |
Jack Butterfield | Country Manager | Team |
Alexis Simões | Diretor Of Strategic Partnerships | Team |
Matthew Dodd | Lead R&d Engineer: Global Trials | Team |
Abdulrahman Binmahfuth | Smart Systems Engineer | Team |
3 more people are available in the full profile.
Complete people profiles for iyris
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of iyris
3 dated milestones of iyris across 10 years, from founding to its latest funding, stage changes and deals.
- Founded iyris is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Series A, of $16.0M.
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Related news about Iyris
Complete news archive for iyris
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Frequently Asked Questions about iyris
iyris was founded in 2014 and raised its 1st funding round 4 years after it was founded.
iyris is headquartered in Al Ain, United Arab Emirates. It is registered at Al Ain, Abu Dhabi, United Arab Emirates.
Derya Baran is the CEO of iyris, as recorded in our data. They have also founded this company.
iyris is a funded company, having raised a total of $52.4M across 6 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Sep 2018.
Iyris was founded in 2014 in Al Ain, United Arab Emirates, by Derya Baran, who serves as CEO. Indoor crop production solutions are offered by the company, encompassing energy-producing power glass and optics methods designed for plant growth. Operations focus on agritech innovations to support controlled environment agriculture, with services extending to related technologies for efficient indoor farming in the region.
iyris offers SecondSky and Iyris Labs.
iyris has 14 investors. Key investors include AppHarvest, Savola Group, King Abdullah University of Science and Technology, Bonaventure Realty Group, and Ecosystem Integrity Fund.