Thomas H. Lee Partners' THL Automation Fund Leads $23.5M Growth Investment in Phytech
September 22, 2020
Phytech Ltd., an Israeli digital farming and IoT provider, raised $23.5 million in growth funding from funds managed by Thomas H. Lee Partners (including THL Automation Fund L.P.) and existing anchor investors. The capital will be used to accelerate development of irrigation automation capabilities and support Phytech's global market expansion; THL Managing Director Josh Bresler joined Phytech's board as part of the transaction.
- Targets
- Phytech Ltd.
- Industry
- Agriculture
- Location
- Israel
- Transaction Type
- Growth capital
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.