Iyris Overview

  • Status
  • Private

  • Employees
  • 65

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $16M

  • Investors
  • 19

Iyris General Information

Description

Developer of an agroclimatic technology designed to produce food. The company focuses on blending climate control, plant science and intelligent control systems to create sustainable food production in water-scarce regions which reduces the carbon and water footprint, enabling local farmers to grow food using fewer resources in water-scarce areas which lowers costs and improves yields by designing sustainable agriculture technologies for harsh environments.

Contact Information

Website
www.iyris.com
Formerly Known As
Red Sea Farms
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Abu Dhabi
  • Al Ain United Arab Emirates
Primary Industry
Horticulture
Other Industries
Other Agriculture
Vertical(s)
CleanTech, LOHAS & Wellness, AgTech, Climate Tech, Supply Chain Tech
Corporate Office
  • Abu Dhabi
  • Al Ain United Arab Emirates

Iyris Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Iyris Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series A) 30-May-2024 $16M Completed Generating Revenue
7. Accelerator/Incubator Completed Generating Revenue
6. Later Stage VC (Series A) Cancelled Generating Revenue
5. Later Stage VC (Series A) 25-Apr-2022 Completed Generating Revenue
4. Seed Round 15-Aug-2021 Completed Generating Revenue
3. Accelerator/Incubator 08-Jul-2019 Completed Generating Revenue
2. Seed Round 15-May-2019 $1.9M $1.9M Completed Generating Revenue
1. Grant 10-Dec-2017 $480K Completed Startup
To view Iyris’s complete valuation and funding history, request access »

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Iyris Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an agroclimatic technology designed to produce food. The company focuses on blending climate control, plant
Horticulture
Al Ain, United Arab Emirates
65 As of 2024

Dubai, United Arab Emirates
 

Dubai, United Arab Emirates
 
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Iyris Competitors (3)

One of Iyris’s 3 competitors is Badia Farms, a Formerly VC-backed company based in Dubai, United Arab Emirates.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Badia Farms Formerly VC-backed Dubai, United Arab Emirates
Madar Farms Corporation Dubai, United Arab Emirates
Pure Harvest Smart Farms Venture Capital-Backed Dubai, United Arab Emirates
You’re viewing 3 of 3 competitors. Get the full list »

Iyris Patents

Iyris Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3419412-A1 Flexible hydroponics container Active 26-Feb-2016
EP-3419412-B1 Flexible hydroponics container Active 26-Feb-2016

Iyris Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Iyris Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Blue Aura Ventures Venture Capital Minority
Dubai Future District Fund Venture Capital Minority
Globivest Venture Capital Minority
Kanoo Ventures Corporate Venture Capital Minority
Red Swan Ventures Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

Iyris Acquisitions (1)

Iyris’s most recent deal was a Merger/Acquisition with iyris (Alternative Energy Equipment). The deal was made on 01-Jun-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
iyris (Alternative Energy Equipment) 01-Jun-2021 Merger/Acquisition Alternative Energy Equipment
To view Iyris’s complete acquisitions history, request access »

Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Red Sea Farm (Six-hectare Controlled-Environment Agriculture Facility near Riyadh) Riyadh, Saudi Arabia

Iyris FAQs

  • Where is Iyris headquartered?

    Iyris is headquartered in Al Ain, United Arab Emirates.

  • What is the size of Iyris?

    Iyris has 65 total employees.

  • What industry is Iyris in?

    Iyris’s primary industry is Horticulture.

  • Is Iyris a private or public company?

    Iyris is a Private company.

  • What is Iyris’s current revenue?

    The current revenue for Iyris is .

  • How much funding has Iyris raised over time?

    Iyris has raised $52M.

  • Who are Iyris’s investors?

    Blue Aura Ventures, Dubai Future District Fund, Globivest, Kanoo Ventures, and Red Swan Ventures are 5 of 19 investors who have invested in Iyris.

  • Who are Iyris’s competitors?

    Badia Farms, Madar Farms, and Pure Harvest Smart Farms are competitors of Iyris.

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