PRESS RELEASES
Funding takes total capital raised to-date to $387.1 million, fortifying the company’s position among the best-funded startups in the MEASA region. Ambitious growth plan includes high-tech hybrid smart farms across the GCC and Asia. A diverse, global investor base supports Pure Harvest’s mission to democratize access to high-quality, sustainably-grown, fresh fruits and vegetables. ABU DHABI, […]
Partnership solidifies position as the GCC region’s leading high-tech, controlled-environment agriculture venture, with 22 hectares (54 acres) of sustainably-grown fresh fruits & vegetables production — strongly-positioned for future expansion ABU DHABI, United Arab Emirates, (June 1, 2022): Pure Harvest Smart Farms announced that it is forming an alliance with Al Dahra Group by acquiring BayWa’s […]
Pure Harvest Smart Farms has entered a joint venture partnership with PlanTFarm to deploy the Korean company’s highly efficient, proprietary vertical farming solutions in new markets, together creating the world’s first integrated high-tech hybrid greenhouse and vertical farming solutions provider, competitively offering an unmatched portfolio of over 100 sustainably-grown fruits & vegetables products. Riyadh, KSA: […]
ABU DHABI, United Arab Emirates, (May 01, 2021): Pure Harvest Smart Farms, the region’s leading tech-enabled agribusiness, has announced the recent appointment of a number of executives to its leadership and management teams. Tariq Sanad has taken up the role of Chief Financial Officer, while Lucio Baron has been appointed as Director of Strategy. The […]
First-of-its-kind US$50 million structured Sukuk financing solution, led by SHUAA Capital, reflects demand for Islamic and green investments The Sukuk, anchored by Franklin Templeton Investments (ME) Ltd., is complemented by a simultaneous US$10 million incremental growth equity raise, led by Sancta Capital as well as new and existing investors Funding follows US$29.3 million Series A […]
Kuwait’s leading retailer announces first-of-its-kind producer-retailer partnership in the region whereby Pure Harvest will invest over EUR 30 million to build Kuwait’s first large-scale, high-tech smart farm to serve TSC Kuwait City, Kuwait, September 9, 2020: The Sultan Center (TSC), Kuwait’s leading supermarket and general merchandise retailer has secured a strategic multi-year, commercial off-take agreement […]
ABU DHABI, United Arab Emirates, 12 August, 2020: Pure Harvest Smart Farms, the region’s leading tech-enabled agribusiness, has commissioned Dutch specialist contractor Bom Group to build its state-of-the-art high-tech farms as it expands its footprint in the region. Bom Group is an innovative greenhouse manufacturer and a horticulture project developer, that has been serving the […]
Wafra is leading Pure Harvest’s $20.6 million Series A financing round with an initial $10 million capital injection, the first step in a multi-phase regional expansion to deliver sustainably-grown safe, delicious & affordable fresh produce throughout the GCC ABU DHABI, United Arab Emirates, April 6th, 2020: Pure Harvest Smart Farms (the “Company”), the region’s leading […]
April 4th, 2020, Abu Dhabi, UAE: Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Founder and CEO of Alliances for Global Sustainability (AGS) and Pure Harvest Smart Farms, a leading tech-enabled agribusiness, announced today that they have entered into a strategic land, capital & advisory partnership. The partnership will secure over 30 hectares of land […]
ABU DHABI, November. 28, 2018 – Pure Harvest Smart Farms Ltd. (“Pure Harvest” or the “Company”) – a transformational, technology-enabled arid climate agribusiness based in Abu Dhabi, United Arab Emirates – hosted a grand product launch event at its farm. The event was to announce the successful first harvest and retail market entry of its premium […]
Pure Harvest Smart Farms (“Pure Harvest” or the “Company”), a transformational tech-enabled arid climate agribusiness backed by Shorooq Investments, an Abu Dhabi-based investment fund, announced today new appointments to its Advisory Board to assist the management team in its growth strategy. The Board includes Dr. Jouke Campen, Mr. Christopher Gillitt, Ms. Janell Holas, Mr. Anil […]
ABU DHABI, November 16, 2017 – Pure Harvest Smart Farms (Pure Harvest or the Company), a tech-enabled arid climate agribusiness based in Abu Dhabi in the United Arab Emirates, announced today a historic Seed investment of USD $4.5 million in a financing round that was significantly oversubscribed. This follows an earlier USD $1.1 million pre-Seed […]