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Driptech

Description

Producer of low cost drip irrigation systems. The company designs and manufactures irrigation systems for small-plot farmers in developing countries. The company also offers irrigation system components which include tubing, takeoff valves, grommets and filters.

2008

Founded

PRIVATE

Status

51-200

Employees

Later Stage VC

Latest Deal Type

$225k

Latest Deal Amount

$15.2M

Total Amount Raised

Description

Producer of low cost drip irrigation systems. The company designs and manufactures irrigation systems for small-plot farmers in developing countries. The company also offers irrigation system components which include tubing, takeoff valves, grommets and filters.

Website:

www.driptech.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Water Utilities

Other Industries

Other Agriculture

Primary Office

P.O. Box 50216 Suite B Palo Alto, CA 94303United States +1 (650) 387-0295
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Driptech Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Driptech Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Driptech Investors (4)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Impact Ventures UKImpact InvestingMinority000 0000000 0000
Individual InvestorAngel (individual)Minority000 0000000 0000
Khosla ImpactVenture CapitalMinority000 0000000 0000
Westlake ChemicalCorporationMinority000 0000000 0000
Impact Ventures UK Impact Investing
Individual Investor Angel (individual)
Khosla Impact Venture Capital
Westlake Chemical Corporation

Driptech Executive Team (4)

NameTitleBoard
Seat
Contact
Info
Jofi JosephDirector, Sales
Peter FrykmanFounder & Board Member
Arunodaya BajpaiHead, Institutional Business (India)
Kishan MehrotraHead, Talent & Training
Jofi Joseph Director, Sales
Peter Frykman Founder & Board Member
Arunodaya Bajpai Head, Institutional Business (India)
Kishan Mehrotra Head, Talent & Training

Driptech Board Members (6)

NameRepresentingRoleSinceContact
Info
Hal Kruth JDSelfBoard Member000 0000
Mahesh YagnaramanSelfBoard Member000 0000
Mark StraubKhosla ImpactDirector000 0000
Peter FrykmanDriptechFounder & Board Member000 0000
Rohtash MalKhosla ImpactOperating Advisors000 0000
Hal Kruth JD Board Member Self
Mahesh Yagnaraman Board Member Self
Mark Straub Director Khosla Impact
Peter Frykman Founder & Board Member Driptech
Rohtash Mal Operating Advisors Khosla Impact
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