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Phytech provides a digital farming platform, leveraging Ag IoT to deliver plant-based agricultural applications. The company offers real-time agronomic insights by directly connecting farmers to their plants through in-field sensors. This technology provides data analytics on plant status, enabling precise irrigation monitoring and control, and offering actionable recommendations to optimize crop health and resource utilization.
The company was founded by Peter Herrmann, driven by an insight to empower growers with direct plant communication. Key to its technological approach, Omer, a plant and soil scientist, developed the algorithms that translate complex biological data into practical farming decisions. This foundation aims to simplify decision-making for agricultural professionals, improving operational efficiency.
Phytech primarily serves growers seeking to enhance their farming practices through advanced data. The company's vision is to establish its platform as the primary tool for determining irrigation needs, bridging the gap between scientific fertigation planning and its practical execution. It aims to empower agriculturalists with the tools to foster healthier crops and more sustainable farming outcomes.
Phytech has raised $58.5M across 3 funding rounds.
Phytech has raised $58.5M in total across 3 funding rounds.
Phytech has raised $58.5M across 3 funding rounds. Most recently, it raised $23.5M Other Equity in September 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 22, 2020 | $23.5M Venture Round | Josh Bresler | — | Announced |
| Sep 1, 2020 | $24M Series C | — | Beenext, Laerdal Million Lives Fund, Partech Ventures, Picus Capital | Announced |
| Sep 1, 2017 | $11M Series B | David Wallerstein | Beenext, Laerdal Million Lives Fund, Partech Ventures, Picus Capital, Syngenta Ventures | Announced |
Phytech has raised $58.5M in total across 3 funding rounds.
Phytech's investors include Josh Bresler, BEENEXT, Laerdal Million Lives Fund, Partech Ventures, Picus Capital, David Wallerstein, Syngenta Ventures.
Phytech is an Israeli agritech company that builds an IoT + AI digital-farming platform to monitor plant health, optimize irrigation and automate field irrigation and agronomic recommendations for permanent‑crop growers worldwide[3][5].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Sources used: company website and product pages[3][5], industry/profile listings and news on Phytech’s AI advisor and founding year[2], and a vendor success story describing their technical scaling and operational benefits[1].