“At Careem, we were barely scratching the surface. From tax filing [to] transportation, we realized no-one had tried to solve the problems of the retail industry.”
They’re hoping the insights they derive will revolutionize outdoor production, too.
Qatar and US-based Eat Just will build what they say is “the MENA region’s first-ever facility for cultivated meat” in the Middle Eastern country.
The startup aims to grow its footprint across Saudi Arabia and the UAE, as well as US regions “where growing conditions are harsh.”
This marks the third acquisition for CropX since the start of 2020 as it aims to offer the most comprehensive suite of tech services to farmers.
Nestlé is said to be planning a range of products which blend cultivated meat with plant-based protein.
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
The Israeli startup combines AI-driven technology with exotic and ancient crop types to breed seeds with superior nutritional qualities.
The Chicago-based VC has unveiled the first round of investments out of its new $100 million fund targeting ocean health and aquaculture.
The Tel Aviv-based startup plans to use the Series E funds to pursue M&A deals that will allow it to rapidly scale.
The Israeli company wants to make saffron more accessible and affordable by growing the spice – which is more expensive than gold – indoors with the assistance of technology.
The Israeli startup claims that pilots of its tech have demonstrated results “at least as good” as both bees and manual pollination, with greenhouse tomato yields improved up to 15%.
Grondwork BioAg has developed a line of biobased inputs sold on five continents based on mychorrizae, which it describes as queen of biologicals.
With Prospera on board, Valmont now claims to be the world’s largest, vertically integrated artificial intelligence company in agriculture.
Fresh off the back of a $60 million growth round in March, the Middle East CEA startup claims it can achieve up to 15x the yield with a tenth of the water of incumbent solutions – and it’s targeting Southeast Asia next.
Madar Farms is one of several indoor ag operations that the UAE – which imports 80% of its food – has invested in to boost domestic production.
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
Demetria is replacing the antiquated coffee quality assessment process by using AI and near-infrared technology to scan beans before they’re brewed.
Consumer Physics will apply its SCiO technology, which uses near-infrared spectrometers and cloud-based software, to Driscoll’s quality measurement process.
The pair’s packaging is a micro-perforated compostable film that reduces food waste by extending shelf life while cutting plastic pollution.
He says it’s not about climate. So why is Bill Gates investing in farmland?