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Food and Agriculture Tech Series C Founded 2010

Phytech

Phytech is an AI-powered IoT platform that connects growers to their plants, delivering real-time insights and actionable recommendations to optimize irrigation, enhance crop health, and simplify farming operations. The platform combines real-time agronomic insights with in-field irrigation monitoring and control, serving over 1,000 of the world's leading growers. Phytech's irrigation capabilities include full…

📍 Ashkelon, Israel · Crop Tech,

Funding snapshot

Last roundSeries C
Amount$24M
Date22 September 2020
Total raised$38M
Team size175

About

Phytech is an AI-powered IoT platform that connects growers to their plants, delivering real-time insights and actionable recommendations to optimize irrigation, enhance crop health, and simplify farming operations. The platform combines real-time agronomic insights with in-field irrigation monitoring and control, serving over 1,000 of the world's leading growers. Phytech's irrigation capabilities include full hydraulic component data and alerts, distribution uniformity management with pressure maps, filter and fertigation monitoring, main line flow meter tracking, field valve monitoring, and in-field water pressure sensors. The platform offers automation as a service with subscription-based installation and maintenance. Agronomic monitoring features include dendrometers providing real-time plant stress, growth rate, and health data; fruit size optimization with target growth trajectories; a dynamic soil and plant refill algorithm that calibrates plant and climate data; weekly NDVI satellite imagery; on-site weather station data; and frost management with wind machine and sprinkler monitoring. Phytech growers saved 152 billion gallons of water in 2025. The company provides 24/7 agronomic and tech support with dedicated customer success managers and PhD-level agronomic consultation. Founded in 2010 and headquartered in Ashkelon, Israel, the company has raised $37.5M in Series C funding from investors including Thomas H Lee Partners, Mitsui, Syngenta Group, Tencent, Yellow Brick Capital, XT Hi-Tech, and THRIVE.

Business model

Crop Tech > Farm Analytics > Multispectral Sensing

Institutional investors

Thomas H Lee Partners Mitsui Syngenta Group Tencent Yellow Brick Capital XT Hi-Tech THRIVE

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