India: ADIO invests $41m in FreshtoHome, Pure Harvest, Nanoracks

India: ADIO invests $41m in FreshtoHome, Pure Harvest, Nanoracks

Photo: Pixabay

The Abu Dhabi Investment Office (ADIO) has put in $41 million in fresh meat and fish e-tailer FreshtoHome and two agritech companies–Pure Harvest and Nanoracks–to develop cutting-edge projects in Abu Dhabi with the intent to boost the emirate’s Agriculture Technology (AgTech) capabilities.

The three will receive financial and non-financial incentives totalling the said amount to expand their operations in Abu Dhabi and tap the emirate’s innovation ecosystem and reliable infrastructure, enabling regulations to drive cutting-edge innovation across the entire agriculture value chain.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter