With its severe environments and large areas of unused land, the Middle East and North Africa region is in prime need of agricultural and technological advancement.
Agri-tech, also called agtech, is the use of technology in agriculture, horticulture, and aquaculture, which is reshaping the traditional model of farming to improve yield, efficiency, and profitability.
Although agri-tech’s potential may be overlooked by investors, the sector has been performing well, raising $265 million in H1 2022 and ranking as the fifth best performing sector in terms of amount invested.
Arab News has compiled a list of four agri-tech startups headquartered in the MENA region, which have received the highest amount of funding in the sector. They are Pure Harvest Farms, Red Sea Farms, Natufia Labs, and Mozare3.
Read the complete article at www.arabnews.com.