# FYTO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fyto

- Industry: Agribusiness
- Headquarters: Petaluma, US
- Website: www.fyto.us
- Total disclosed funding: $15M
- Latest round: Series A (Jul 7, 2022)
- Investors on record: 5

## About

Based in California, US, and founded in 2019 by CEO Jason Prapas, FYTO, Inc. is a developer of hardware and software systems that automate and scale the production of aquatic plants to improve the economic and environmental sustainability of agriculture. In July 2022, FYTO, Inc. raised USD 15 million in a Series A funding led by GV, with participation from AgFunder, Refactor Capital, First Star Ventures, and Bolt.

The company provides farming technologies that allow farmers to enhance aquatic plants’ nutrient management and increase productivity along with minimizing water usage, production costs, and greenhouse gases. The plants produced using FYTO’s technology comprise key amino acids, energy, vitamins, minerals, and fatty acids.

FYTO plans to use its proceeds from July 2022 funding to scale its production commercially, expand its team, and develop its plants for applications beyond dairy farms.

## Funding rounds

- Series A, Jul 7, 2022, $15M — GV, Bolt, First Star Ventures, AgFunder, Refactor Capital

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Series A
- Bolt (https://capitalatlas.ai/funds/bolt) — Series A
- First Star Ventures (https://capitalatlas.ai/funds/first-star-ventures) — Series A
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Series A
- Refactor Capital (https://capitalatlas.ai/funds/refactor-capital) — Series A