KRISPR raises $600,000 pre-seed

KRISPR raises $600,000 pre-seed

UAE-based urban indoor vertical farming startup KRISPR, has raised $600,000 in pre-seed funding from Dubai-based family office KAIZEN.T

The agritech startup aims to shorten the fresh produce supply chain by addressing the traditional agricultural challenges such as harsh climate conditions, water scarcity and non-arable land. The company uses its technology to grow high-quality fresh produce within aeroponic indoor controlled environments without the use of pesticides and herbicides. 

"The post-Covid-19 environment has clearly demonstrated the need for localised supply chains, especially for essential goods and services, and KRISPR is committed to tackling the GCC region's food security challenges head-on,“ said Khadija Hasan, founder and chief executive officer at KRISPR. "While we address a critical consumer need for clean and nutritious food, we are also excited to partner with hotels, restaurants, and supermarkets across the GCC region to deliver high-quality, fresh, and beyond organic produce locally.“

The company plans to use the newly raised funds in setting up its urban indoor vertical farming pilot in Dubai Investment Park.

"It may sound a bit grandiose to talk of providing fresh, clean and chemical-free food everywhere in the world, but then clean and nutritious food is a real challenge and we all must have the courage to recognise