About iyris
iyris is a company based in Al Ain (United Arab Emirates) founded in 2014 by Derya Baran. iyris has raised $52.4 million across 6 funding rounds from investors including AppHarvest, Savola Group and King Abdullah University of Science and Technology. iyris offers products and services including SecondSky and Iyris Labs. iyris operates in a competitive market with competitors including Tortuga AgTech, Kheyti, Koidra, Zordi and GrowCo, among others.
- Headquarter Al Ain, United Arab Emirates
- Founders Derya Baran
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Sectors
Agriculture
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$52.4 M (USD)
in 6 rounds
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Latest Funding Round
$16 M (USD), Series A
May 30, 2024
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Investors
AppHarvest
& 13 more
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Employee Count
Not available
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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.
People of iyris
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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.
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.
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Venture capital is provided to early-stage startups by this fund.
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Investments are directed toward growth-stage tech firms in emerging markets.
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Stage-agnostic investments in European tech firms are made by Globivest.
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Investor details for iyris
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Investments & Acquisitions by iyris
Investment portfolio details for iyris
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Financial Statements - iyris
Detailed financials for iyris
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Iyris Comparisons
Peer comparison for iyris
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Competitors of iyris
iyris operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tortuga AgTech, Kheyti, Koidra, Zordi and GrowCo, among others.
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Provider of AI-enabled robot greenhouses systems
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Provider of greenhouse and tech-enabled services
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IoT and AI-based solutions for indoor farm automation are provided.
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AI-based greenhouse systems for strawberry cultivation are provided.
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Infrastructure for cannabis growers and logistics services
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Detailed competitors of iyris
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Latest news on 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 current CEO of iyris. They have also founded this company.
iyris is a funded company, having raised a total of $52.4M across 6 funding rounds to date.
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's top competitors include Tortuga AgTech, Zordi and Kheyti.
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.