GreenHarvest raises $45M Series B to expand vertical farming in Saudi Arabia, boosting food security and supporting Vision 2030 sustainability goals.
The company announced today it has closed a $45 million Series B funding round led by the Public Investment Fund (PIF), with participation from global venture capital firms. GreenHarvest specializes in vertical farming solutions that utilize 95% less water than traditional agriculture—a critical innovation for the Arabian Peninsula’s arid climate.
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The new capital will fund the construction of three automated high-tech farms near Riyadh and Jeddah. These facilities will supply local supermarkets with pesticide-free leafy greens, thereby addressing the high demand for fresh, locally grown produce.
This investment highlights the MENA region’s emphasis on food security technologies to mitigate global supply chain volatility and reduce its reliance on food imports.
To maximize efficiency, GreenHarvest integrates AI-driven sensors for real-time plant health monitoring. This technology increases crop yields while minimizing waste. “This funding marks a pivotal step in transforming the desert into a sustainable food production hub,” stated the GreenHarvest CEO. By combining AI with hydroponic innovation, the firm is setting a benchmark for agritech in the Middle East.
Why GreenHarvest Fundng Matters to MENA
GreenHarvest funding signals growing momentum for agritech innovation in Saudi Arabia and the wider MENA region.
With food security a critical issue in arid climates, vertical farming offers a scalable solution that reduces water use and reliance on imports. This aligns directly with national priorities under Vision 2030.
For the region, the deal highlights a broader shift toward sustainable, tech-driven agriculture, where startups are tackling structural challenges with climate-resilient solutions.
It also reinforces investor confidence in agritech as a high-growth sector, opening the door for more funding into food innovation across MENA.
