UAE Agriculture Tech Start-Up Secures $120 Million Investment Commitment – The New York Times

UAE Agriculture Tech Start-Up Secures $120 Million Investment Commitment – The New York Times

Wafra International, an investment firm owned by the Kuwait state pension agency, is investing $10 million of the new funding, and committing $100 million in equity and project financing.. Pure Harvest Smart Farms expects to have its new UAE farms operational by the end of the year, and farms running in Saudi Arabia, where it has secured 6 hectares of land, in the first quarter of 2021..