Tag Archives: breeding

Red Sea Farms Raises $1.9m to Grow Tomatoes in the Desert Using Saltwater

Red Sea Farms, a Saudi Arabian startup developing saltwater-tolerant crops and saltwater-based greenhouses in the Middle East, has secured $1.9 million in funding.

The startup raised funding to build a 2,000 square meter saltwater greenhouse in Saudi Arabia comes from the country’s King Abdullah University of Science and Technology (KAUST) Innovation Fund and the Research Products Development Company (RPDC).

Mini Apple Variety Rockit Launches Ahead as Private Equity Investors Pay 10x Valuation from 2011

The founder of Rockit Global, the New Zealand company that holds the global rights to the mini Rockit apple variety, has sold over 50% of the company to two private equity firms Pioneer Capital and Oriens Capital for around N$25 million ($17 million).