UAE-based startup Pure Harvest raises over $180 million for business expansion

UAE-based startup Pure Harvest raises over $180 million for business expansion
Photo by Sharat Arackal / Unsplash

Pure Harvest Smart Farm, an agritech startup based in UAE has raised $180.5 million in its new funding round to support its business expansion.

  • The fund will be invested in research and development, expanding across the GCC, and opening new markets in Asia.
  • Founded in 2016, Pure Harvest uses hydroponic technology to grow fruits and vegetables in harsh desert climates.
  • Metric Capital Partners based in the UK, IMM Investment Corp based in Korea, and KSA's Olayan Group invested in the new round.
  • The startup has raised $387 million since its launch.