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…

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