About Phytech
Phytech is a company based in Ashkelon (Israel) founded in 2010.. Phytech has raised $37.5 million across 5 funding rounds from investors including Tencent, Mitsui & Co. and Thomas H Lee Partners. Phytech offers products and services including IoT Platform, Agronomic Recommendations, and Real-Time Alerts. Phytech operates in a competitive market with competitors including The Climate, Aerobotics, SatSure, Fyllo and SeeTree, among others.
- Headquarter Ashkelon, Israel
-
Sectors
AgricultureTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Phytech Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$37.5 M (USD)
in 5 rounds
-
Latest Funding Round
$23.5 M (USD), Series C
Sep 22, 2020
-
Investors
Tencent
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Phytech
Phytech offers a comprehensive portfolio of products and services, including IoT Platform, Agronomic Recommendations, and Real-Time Alerts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides real-time irrigation and crop monitoring for optimized farming.
Offers AI-driven advice for irrigation decisions and crop health management.
Delivers notifications for irrigation issues and anomalies in farm operations.
Unlock access to complete
Unlock access to complete
Funding Insights of Phytech
Phytech has successfully raised a total of $37.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $23.5 million completed in September 2020. 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 Total Funding
- Total Rounds 5
- Last Round Series C — $23.5M
-
First Round
First Round
(01 Mar 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series C - Phytech | Valuation | Thomas H Lee Partners |
|
| Sep, 2017 | Amount | Series B - Phytech | Valuation | Tencent | |
| Dec, 2015 | Amount | Series A - Phytech | Valuation | Syngenta Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Phytech
Phytech has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Mitsui & Co. and Thomas H Lee Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity investments are directed toward traditional industries.
|
Founded Year | Domain | Location | |
|
Sustainable real estate and agricultural solutions are provided by the company.
|
Founded Year | Domain | Location | |
|
Value-added internet, mobile, and telecom services are provided in China.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Phytech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Phytech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Phytech Comparisons
Competitors of Phytech
Phytech 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 The Climate, Aerobotics, SatSure, Fyllo and SeeTree, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated platform providing hardware and software for farm and weather data analytics
|
|
| domain | founded_year | HQ Location |
Drone-based farm monitoring and pest management solutions are offered.
|
|
| domain | founded_year | HQ Location |
Geospatial data analytics are powered by AI for business insights.
|
|
| domain | founded_year | HQ Location |
Fyllo is engaged in providing agritech solutions for farmers.
|
|
| domain | founded_year | HQ Location |
Tree health is analyzed via machine learning and data-driven solutions.
|
|
| domain | founded_year | HQ Location |
Solution provider to increase efficiency & reduce losses in the harvesting of farm production
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Phytech
Frequently Asked Questions about Phytech
When was Phytech founded?
Phytech was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Phytech located?
Phytech is headquartered in Ashkelon, Israel. It is registered at Ashkelon, Southern District, Israel.
Is Phytech a funded company?
Phytech is a funded company, having raised a total of $37.5M across 5 funding rounds to date.
What does Phytech do?
Phytech was founded in 2010 in Ashkelon, Israel, within the agtech sector. Sensor-based technology is offered to enable real-time data collection from plant sensors. Crops are monitored through this system, allowing insights into plant conditions to be developed. Data is shared continuously among users for informed decision-making in agriculture. Operations focus on hardware and software integration for field applications.
Who are the top competitors of Phytech?
Phytech's top competitors include Fyllo, Fasal and The Climate.
What products or services does Phytech offer?
Phytech offers IoT Platform, Agronomic Recommendations, and Real-Time Alerts.
Who are Phytech's investors?
Phytech has 5 investors. Key investors include Tencent, Mitsui & Co., Thomas H Lee Partners, Syngenta Group, and Yellow Brick Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.