Pure Harvest Smart Farms Secures Usd $180.5 Million From Global Investors To Fund Expansion
06/30/22, 9:44 AM
Location
Money raised
$181 million
Pure Harvest Smart Farms (Pure Harvest), a world-leading, sustainable technology-enabled agribusiness headquartered in the United Arab Emirates, raised USD $180.5 million in their latest growth funding round. The financing was embraced by a consortium of key global investors, including Metric Capital Partners, UK, IMM Investment Corp, Korea, and Olayan Group, KSA, joined by several existing investors and management. The company will utilize the capital, together with various forms of debt financing, to invest in research and development, to expand its footprint across the GCC, and to open new markets in Asia.
Company Info
Location
abu dhabi, abu dhabi emirate, united arab emirates
Additional Info
The company will utilize the capital, together with various forms of debt financing, to invest in research and development, to expand its footprint across the GCC, and to open new markets in Asia. The company is also investigating a number of new growth initiatives, including product extensions and water-efficient CEA solutions for fodder production.