Phyto-IT

Ghent, Belgium Founded: 2008 • Age: 18 yrs Acquired By 2Grow
Technolgical solutions for plant modeling and data analytics of plant data

About Phyto-IT

Phyto-IT is a company based in Ghent (Belgium) founded in 2008 was acquired by 2Grow in May 2022.. The company has 1 employees as of December 31, 2021. Phyto-IT offers products and services including PhytoSense. Phyto-IT operates in a competitive market with competitors including The Climate, SatSure, Fyllo, Fieldin and Fasal, among others.

  • Headquarter Ghent, Belgium
  • Employees 1 as on 31 Dec, 2021
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Phyto-It Bvba
Operational Areas
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
    $26.32 K (USD)
    -64
    as on Dec 31, 2021
  • EBITDA
    $73.52 K (USD)
    -40
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Dec 31, 2021

  • Acquired by
    2Grow

    (May 10, 2022)

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Products & Services of Phyto-IT

Phyto-IT offers a comprehensive portfolio of products and services, including PhytoSense. 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.

Primary

Combines plant sensors with cloud intelligence for health monitoring insights.

Funding Insights of Phyto-IT

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 Phyto-IT

Phyto-IT has secured backing from 1 investor. Prominent investors backing the company include 2Grow. 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.

All
Investor Description Founded Year Domain Location
Sensor solutions for plant monitoring are supplied by 2Grow.
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 Phyto-IT

Investments
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 - Phyto-IT

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Phyto-It Comparisons

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Competitors of Phyto-IT

Phyto-IT 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, SatSure, Fyllo, Fieldin and Fasal, 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.

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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Phyto-It

2Grow acquires Phyto-IT
Googleusercontent4 years ago

Frequently Asked Questions about Phyto-IT

When was Phyto-IT founded?

Phyto-IT was founded in 2008.

Where is Phyto-IT located?

Phyto-IT is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.

How many employees does Phyto-IT have?

As of Dec 31, 2021, the latest employee count at Phyto-IT is 1.

What does Phyto-IT do?

Phyto-IT provides software solutions for dynamic plant modeling simulation and photo analytics. Software for dynamic plant modeling simulations uses inbuilt algebraic andor differential equations in its models. Phyto analytics software can integrate data from various sources such as sensors and analyzes the data using inbuilt analytical mechanisms for providing insights on plant breeding. The company also provides consulting services for breeding research and also provides customized Phyto analytics software development services.

Who are the top competitors of Phyto-IT?

Phyto-IT's top competitors include Fyllo, Fasal and The Climate.

What products or services does Phyto-IT offer?

Phyto-IT offers PhytoSense.

Who are Phyto-IT's investors?

Phyto-IT has 1 investor. Key investors include 2Grow.

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