Fyto: Raises $15M in Series A Funding

Fyto Raises $15M in Series A Funding

  • Fyto, a Petaluma, CA-based company leveraging automation to unlock the power of specialized aquatic plants, raised $15M in Series A funding
  • The round was led by GV with participation from AgFunder, Refactor Capital, First Star Ventures, and Bolt. GV General Partner Andy Wheeler, has joined company’s Board of Directors
  • The company intends to use the funds to achieve commercial-scale production of these plants, while conducting scientific climatic trials
  • The technologies produce essential nutrients in efficient ways
  • The company was launched out of MIT in 2019 and in 2021 piloted its technology on a dairy farm in Northern California
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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