KAUST has returned for a $10m funding round for Red Sea Farms, having previously contributed to a $1.9m round two years ago.

Red Sea Farms, a Saudi Arabia-based agtech developer, has raised $10m in funding from investors including King Abdullah University for Science and Technology (KAUST).
The round also included Wa’ed, a vehicle for oil and gas provider Saudi Aramco, Future Investment Initiative Institute and Global Ventures.
Founded in 2018, Red Sea Farms has developed technology that relies on saltwater to cool greenhouses and irrigate crops. It currently sells tomatoes but is looking to also grow peppers and cucumbers going…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
email
Linked in