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Iyris raises $16M in Series A funding led by Ecosystem Integrity Fund (EIF) to provide agricultural solutions for climate-impacted farming

PRIVATEMay 30, 2024

Amount Raised

$16 Million

Round Type

Series A

Al AinManufacturingAgriculture and FarmingFarming

Investors

Ecosystem Integrity FundBonaventure CapitalGlobivestKanoo VenturesDubai Future District Fund (Dfdf)Wa’edGlobal Ventures

Description

Iyris, an agritech company, announced a $16 million Series A funding round led by San Francisco-based climate and sustainability fund Ecosystem Integrity Fund (EIF). The funding will enable Iyris to continue scaling its business and providing agricultural solutions to help farmers increase crop yields in the face of climate change and rising temperatures.

Who else raised in Agriculture and Farming and Farming around the same time

Companies in the same sectors as Iyris that raised within 45 days of this round, from Fundz verified event records.

  • Arya.ag raised $29M (Funding Round) on July 10, 2024.
  • Gocarin Industries raised an undisclosed amount (Seed) on July 5, 2024.
  • Arya.ag raised $29M (Funding Round) on July 4, 2024.
  • Conduit raised $37M (Series A) on June 30, 2024.
  • Scoutlabs raised $2M (Seed) on June 26, 2024.
  • Wakefield BioChar raised $525K on June 21, 2024.

Who to call at Iyris, and when

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Company Information

Company

Iyris

Location

Al Ain, Abu Dhabi Emirate, United Arab Emirates

About

At iyris, our mission is clear: to feed the world sustainably through the power of technology. Continuing the story started by our esteemed co-founders, Professor Derya Baran, Dr. Ryan Lefers, and Professor Mark Tester, we are dedicated to pioneering innovative solutions that address global food security challenges while minimizing environmental impact. Under the iyris umbrella, sits our SecondSky brand, a range of transparent near infra-red radiation peak heat-blocking greenhouse covers embedded with the innovative, patented near infrared radiation blocking nanocomposite developed by iyris. Additionally, iyris Labs our innovation engine, serves as the heart of our research and development efforts. Here, we push the boundaries of agricultural technology, exploring new ideas and refining existing ones to ensure we remain at the forefront of sustainable agriculture. Through our integrated approach and unwavering commitment, iyris is leading the charge towards a more sustainable and food-secure future for all.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Iyris raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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