Announcements

Job offersmore »



Tweeting Growers

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »




UAE: Pure Harvest raises $4.5 million in seed investment

A historic seed investment of $4.5 million has been secured by tech-enabled arid climate agribusiness Pure Harvest Smart Farms, based in Abu Dhabi.

The financing round was significantly oversubscribed and follows an earlier $1.1 million pre-seed round led by Abu Dhabi-based Shorooq Investments.

Venture financing was provided by a leading federal government-backed fund, the company’s technology partners and a consortium of angel investors from around the world.

The seed funding will be used for the construction of Pure Harvest’s inaugural high-tech, fully climate controlled greenhouse facility in Nahel, in the UAE. The company expects to complete the facility by mid-year and to begin selling its products in the second half of 2018.

Read more at StartUp (Kay Marham)

Publication date: 11/20/2017

 


 

Other news in this sector:

4/25/2018 Netherlands: Eminent celebrates 35th anniversary
4/25/2018 Jeremy Adamson joins Certis USA as Fungicide Product Manager
4/25/2018 “Inspired” Earth Day pledge: green, clean, and locally grown
4/25/2018 WW II bombs removed for greenhouse expansion
4/24/2018 UK: Russell IPM receives Queen’s Award for Innovation 2018
4/23/2018 Exclusive Honeytomatoes pop up in supermarket
4/23/2018 Root to Shoot program aims to utilize more vegetable by-products
4/23/2018 Russia approves Bayer-Monsanto deal
4/23/2018 Geoffrey Denton joins Tozer Seeds as Plant Pathologist
4/23/2018 Royal Brinkman strengthens activities in Morocco
4/20/2018 BioConsortia raises $15 million in funding
4/20/2018 Evonik opens research hub in Singapore
4/20/2018 Koppert Biological Systems expands board
4/20/2018 Singapore: Syngenta opens digital innovation lab
4/20/2018 “Kids don’t know the difference between a real strawberry and its aroma”
4/20/2018 "CAP favours Northern European countries"
4/19/2018 Australian grower recognized for efforts in China
4/19/2018 China: Zhongnong Futong appoints Sjaak van der Tak as consultant
4/18/2018 New BrightFarms greenhouse to supply Ohio consumers from July 2018
4/18/2018 ScottsMiracle-Gro to acquire Sunlight Supply