Hatch & Boost Ventures, ADGM, an Abu Dhabi-based venture builder committed to ‘hatching’ startup ideas at the intersection of impact and innovation and boosting them into scalable ventures, has announced the launch of World of Farming, its first agriTech startup in its portfolio (WoF).
N.THING formally launched operations in the UAE in 2020, with the goal of improving food security in the UAE, developing the country’s farming capabilities, and providing a solution to potential socioeconomic threats such as pandemics.
The new appointments come just one week after Pure Harvest successfully raised $20.6 million as part of its Series A financing round, together with a multi-stage investment commitment valued at over USD $100 million by Wafra International Investment Company. These latest appointments enabled agribusiness bolsters Pure Harvest’s capabilities as it expands its operations in the region.