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Announced

Abu Dhabi Investment Office to invest $41m in Pure Harvest, FreshToHome and Nanoracks.

Synopsis

Abu Dhabi Investment Office, the central government hub supporting investment in the Emirate of Abu Dhabi, to invest $41m in Pure Harvest, is a tech-enabled agribusiness, FreshToHome, an Indian e-commerce startup that sells fresh vegetables, fish and chicken, and Nanoracks, a private in-space services company. "Abu Dhabi is pressing ahead at full steam with our mission to ‘turn the desert green’ and solve long-term global food security issues. We have created an environment where innovative ideas can flourish and this has enabled the rapid expansion of our AgTech sector. Innovations from the companies we partnered with earlier this year are already propelling the growth of Abu Dhabi’s 24k farms. Partnering with Pure Harvest, FreshToHome and Nanoracks adds a realm of new capabilities to the ecosystem across land, sea and space," Tariq Bin Hendi, ADIO Director.

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