Iyris raises $16M in Series A funding led by Ecosystem Integrity Fund (EIF) to provide agricultural solutions for climate-impacted farming
May 30, 2024•over 1 year ago
Amount Raised
$16 Million
Round Type
series a
Investors
Bonaventure CapitalGlobivestKanoo VenturesDubai Future District Fund (Dfdf)Wa’edGlobal VenturesEcosystem Integrity Fund (Eif)
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech