Gaon Agro Industries
Gaon Agro Industries Ltd is an agriculture-focused company that operates Aquagro Fund, its venture capital arm. Through this arm, the company invests across incubation to late-stage startups in water and agriculture technologies and related clean technologies, including renewable energy, water treatment, irrigation management, fertigation, and water recycling. It backs innovations in agro-biotech, seed development, greenhouse and post-harvest technologies, and sustainable food production, with a preference for early revenue and profitability paths. The fund typically takes minority stakes and focuses on Israel and North America, prioritizing founder-owned or lightly funded ventures. Based in Tel Aviv, Israel, Gaon Agro aims to support companies that improve resource efficiency and reduce ecological impact. Founded in 2008.
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Past deals in Water
Desalitech
Venture Round in 2014
Desalitech, Inc. specializes in designing, developing, and manufacturing advanced industrial reverse osmosis systems for water purification. Founded in 2008 by Professor Avi Efraty, the company initially operated under the name Advanced Desalination Technologies. Its flagship product, the ReFlex system, addresses diverse applications such as pure water supply, boiler feed water, and wastewater reuse, while the ReFlex Max system focuses on high salinity and seawater desalination. Additionally, Desalitech offers ReFlex Smart, a monitoring and control software that enhances system management. The company serves a wide range of industries, including food and beverage, oil and gas, mining, consumer goods, municipal reuse, and power generation, catering to both domestic and international clients. Based in Newton, Massachusetts, Desalitech operates as a subsidiary of DuPont de Nemours, Inc. since January 2020. Its cutting-edge technology autonomously adapts to changing conditions, simplifying reverse osmosis operations and reducing water costs and operational challenges for clients.
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