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