Phytech, an Israel and US-based digital farming automation and data provider backed by China-owned Tencent and Syngenta’s corporate venturing units, has raised $23.5m in a series C round including private equity firm Thomas H Lee Partners.
THL and existing, undisclosed anchor investors provided the money.
In October 2017, Phytech closed an $11m series B round led by internet group Tencent that included agribusiness Syngenta’s corporate venturing arm, Syngenta Ventures, and undisclosed other investors.
Phytech has developed a software platform that…
