UAE Agtech Right Farm Raises $2.8 Million from Investors
- Date: 11-Apr-2022
- Source: Asharq AL-awsat
- Sector:Agriculture
- Country:UAE
UAE Agtech Right Farm Raises $2.8 Million from Investors
Right Farm, a United Arab Emirates agriculture technology firm, said on Monday it raised $2.8 million from investors including Abu Dhabi state holding company ADQ's venture platform.
The company is a business to business digital platform which sources fresh produce from local and international farms for the food and retail sector.
Right Farm said in a statement that the funding round was led by DisruptAD, ADQ's venture platform, and Enhance Ventures, a venture builder for the Middle East, North Africa, Pakistan, and Turkey market.
The company said the proceeds will be used to support the firm's technology development and growth plans.