Red Sea Farms, a Saudi AgTech company based at KAUST, secured a $10 million venture capital investment from Saudi and UAE investors. Their technology enables commercial farming using primarily saltwater, reducing freshwater consumption by 85-90%. The funding will be used to expand operations in Saudi Arabia, building more than six hectares of commercial farming facilities. Why it matters: This investment signals growing interest in sustainable AgTech solutions within the Gulf region to enhance food security and combat supply chain disruptions.
Two student teams from MBZUAI won top prizes at the inaugural Agritech Hackathon (“Agrithon”) organized by ADAFSA. The “Masdar Boys” team developed a dashboard integrating ML models for plant disease diagnosis, optimal animal clinic placement, and disease outbreak zone classification. The “Green AI” team built a machine learning framework for plant disease classification, winning second prize. Why it matters: This highlights the growing role of AI in addressing food security challenges in the UAE and the region, with potential for real-world applications through ADAFSA's interest in further developing the students' work.