Rivulis Irrigation
Drip and Micro-irrigation Equipment
StartupRivulis Irrigation is a Migdal HaEmek-based startup in the Agriculture & Food Technologies sector, established in 1966. Drip and Micro-irrigation Equipment. Key investors include HSBC Ventures, Rabobank, State Bank of India, among 5 total investors. The company has 500+ employees. Core technologies: Components.
The company follows a B2B business model. Product stage: Released. Rivulis Irrigation has been acquired.
- StageAcquired
- ProductReleased
- ModelB2B
- Employees500+
- HQMigdal HaEmek
- DistrictNorth District
- StatusAcquired
- Last Round$250M
- HSBC Ventures
- Rabobank
- State Bank of India
5 investors total
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What does Rivulis Irrigation do?
Rivulis Irrigation offers a full line of irrigation devices, including drip lines, drip tapes, filters, hoses and tubing, sprinklers, sprays, and valves. The companys products are designed for the above-ground and subsurface application of water and nutrients directly to the root zone of every plant, resulting in greater yields using equal or lower amounts of water and nutrients compared to other water-distribution systems. Rivulis Irrigation was established in 2014, when FIMI acquired the former John Deere Water division from John Deere. John Deere Water was established in 2006 by a consolidation of the micro-irrigation companies Plastro, T-Systems, and Roberts. Rivulis expanded into irrigation-focused precision agriculture software services with Manna Irrigation, a fully owned subsidiary. In 2017, Rivulis merged with the Greek irrigation company Eurodrip. In December 2020, the company was acquired by Temasek Holdings, Singapores government investment company, at a company valuation of $450 million.
What sector is Rivulis Irrigation in?
Rivulis Irrigation operates in Climate Tech, Sustainable Water Solutions, Water for Industry & Residential Uses, Food & Land Use, Sustainable Farming, Agriculture & Food Technologies, Ag Tech, Farm Equipment & Treatment, with core technologies in Components. Target customers: Agriculture & Food, Crops.
Where is Rivulis Irrigation located?
Rivulis Irrigation is based in HaMehkar St 5, Migdal HaEmek, Israel, North District. The company also has offices abroad.