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Asharq Al-Awsat
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Mon, 11 Apr 2022 07:50:34 +0000
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UAE Agtech Right Farm Raises $2.8 Million from Investors
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UAE Agtech Right Farm Raises $2.8 Million from Investors

Monday, 11 April, 2022 - 06:45
Right Farm said it raised $2.8 million from investors. (WAM)
Asharq Al-Awsat

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.


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