Phytech

Phytech is an Ag IoT company that develops plant-based practice applications. It’s revolutionary solution is deployed by leading growers worldwide.

Phytech is focused on helping farmers to optimize yields by transforming real-time plant data into actionable, yield-enhancing recommendations.

Phytech was founded in 2010 by Zohar Benner & Karl Neubecker. The comany is based in Rosh Ha'ayin, HaMerkaz, Israel, with an office in Boston, MA.

Phytech is helping growers in their day-to-day farming decisions impacting both the quality and yield of their crops, while reducing water usage.

Phytech's proprietary PlantBeatTM platform combines continuous plant monitoring hardware, spatial imaging, hyper-local climate information, agronomic modeling, data analysis and web and mobile software applications that help farmers improve profitability by making better informed in-season operating decisions.

 

Phytech’s ’PlantBeat’ irrigation management platform is used by 600 top-tier growers on approximately 15,000 farms across the U.S, Australia, and Israel, which are collectively accountable for 30% of global almond production, 35% of U.S. apple production and 28% of U.S. citrus production.

 

Phytech's irrigation management application assists farmers with daily operational in-field amount and pressure control, as well as in meeting regulatory water conservation demands. Additionally, Phytech’s breakthrough natural plant-based BRIX (high sugars) optimization application assists fruit growers to achieve higher sugar content without chemical or over stressing practices.

  

Phytech is backed by Tencent Holdings, Yellow Brick Capital Advisers, Syngenta Ventures, THL Automation Fund L.P, Mitsui & Co. and others. The company raised $23.5M in growth financing on Sep 22, 2020. This brings Phytech's total funding to $37.5M to date.

 

 

  • Year founded: 2010
  • Funding Info: $37.5M over 5 Rounds (Latest Funding Type: Private Equity)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Rosh Ha'ayin
  • State: HaMerkaz
  • Country: Israel
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