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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

UAE Agtech Right Farm Raises $2.8 Million from Investors

ADQ Abu Dhabi Middle East North Africa Pakistan Turkey United Arab Emirates
Right Farm said it raised $2.8 million from investors. (WAM)

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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