Red Sea Farms, a KAUST spinout agritech company, and SAUDIA have signed an MoU to supply the airline with locally-sourced, sustainable food options. This collaboration aims to reduce SAUDIA's carbon footprint by decreasing reliance on imported goods. Red Sea Farms also assisted SAUDIA on menu development and video content to promote the health and sustainability benefits of the produce. Why it matters: This partnership highlights the growing focus on sustainability within the Saudi aviation sector and demonstrates the potential for agritech companies to contribute to national environmental goals.
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.
Red Sea Farms, a KAUST spinout specializing in saltwater greenhouse technology, secured $1.9 million in co-investment from the KAUST Innovation Fund and Research Products Development Company (RPDC). Their system uses saltwater to grow crops, reducing freshwater and energy requirements up to tenfold. The investment will enable the company to build a 2,000 square meter saltwater greenhouse on the KAUST campus, with a goal of producing 50 tons of tomatoes annually by 2020. Why it matters: This investment supports sustainable agriculture innovation in the water-scarce Middle East, offering a model for reducing the environmental impact of food production.
Red Sea Farms, a KAUST startup, is advancing its saltwater greenhouse technology with a new 21,000 square foot pilot facility at the KAUST Research & Technology Park. Their greenhouse technology allows for growing crops on marginal land, using 90% less freshwater than traditional methods. The system uses saltwater in greenhouse-cooling and climate control, resulting in a lower environmental footprint. Why it matters: This technology addresses critical food and water security challenges in arid regions by enabling local food production with minimal freshwater resources and reduced energy consumption.
KAUST and the Saudi Red Sea Authority (SRSA) have signed a Memorandum of Understanding (MoU) to collaborate on biodiversity sustainability and marine environment protection in the Red Sea. The collaboration will focus on assessing the impact of coastal tourism, exchanging expertise, and aligning strategies for new initiatives. The MoU aims to support Saudi Vision 2030 targets through strengthened local partnerships. Why it matters: This partnership demonstrates KAUST's commitment to environmental sustainability and highlights the growing importance of protecting the Red Sea's unique ecosystem amidst increasing tourism and development.