{"id":93584,"date":"2025-01-21T00:00:00","date_gmt":"2025-01-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/21\/agritech-arable-raises-usd-2-6-m-in-seed-funding-round\/"},"modified":"2025-01-21T00:00:00","modified_gmt":"2025-01-21T00:00:00","slug":"agritech-arable-raises-usd-2-6-m-in-seed-funding-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/21\/agritech-arable-raises-usd-2-6-m-in-seed-funding-round\/","title":{"rendered":"AgriTech Arable raises USD 2.6 m in seed funding round"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Saudi-based AgriTech startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.arable.com\/\" style=\"\" rel=\"noopener\">Arable<\/a><\/strong><strong> secured USD 2.6 mn in a seed funding<\/strong><strong> round <\/strong>led by unnamed institutional and private investors, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2025\/01\/saudi-agritech-arable-closes-2-55-million-seed-round\" style=\"\" rel=\"noopener\">press release<\/a>. Some 90% of the round\u2019s funds came from foreign backers. The statement did not disclose the identity of the investors, the size of their individual contributions, or whether the investments are debt or equity based.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Use of proceeds:<\/strong> The raised funds will support efforts to \u201cpioneer sustainable hydroponic farming\u201d in Saudi as part of a drive to develop local agriculture, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Arable: <\/strong>Co-founded by CEO Lawrence Ong (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/lawrence-ong1\/\" style=\"\" rel=\"noopener\">Linkedin<\/a>) and COO Christina Khalife (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/christinakhalife\/\" style=\"\" rel=\"noopener\">Linkedin<\/a>) in 2024, Arable specializes in hydroponic farming systems tailored to the region\u2019s arid climate, offering solutions that are purportedly four times faster, four times cheaper, and 2.5 times more cost-efficient than regional alternatives. 80% of its system\u2019s components are locally sourced or manufactured. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ALSO FROM STARTUPLAND-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt-based Talent 360 ME eyes Saudi expansion: <\/strong>Egyptian HR management startup <a target=\"_blank\" href=\"https:\/\/www.talent-360.me\/\" style=\"\" rel=\"noopener\">Talent<\/a><a target=\"_blank\" href=\"https:\/\/www.talent-360.me\/\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.talent-360.me\/\" style=\"\" rel=\"noopener\">360 ME<\/a> is eyeing expanding into Saudi Arabia, after it closed an undisclosed six-figure investment round led by CStar, it said in a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/talent-360-me_talent-360-has-successfully-closed-a-six-figure-activity-7286795134296317952-unLy\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">post on LinkedIn<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Talent 360 ME:<\/strong> Talent 360 ME provides outsourced HR solutions for startups and SMEs, aiming to cut down the costs of hiring in-house HR teams.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arable specializes in cost-efficient and locally-sourced hydroponic farming systems<\/p>\n","protected":false},"author":1,"featured_media":93585,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2556],"tags":[2108,3728,10,179],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-agritech","tag-arable","tag-enterpriseam-ksa","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"d933e876-af29-4363-9d01-9f39c3929218","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/1380.jpg","photo_position":"above","homepage_title":"","full_issue_title":"AgriTech Arable raises USD 2.6 m in seed funding round","related_issue":[93572],"teaser":"Arable specializes in cost-efficient and locally-sourced hydroponic farming systems","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.47c6d2e3-a1e5-44c0-bf0f-14b4d327edc7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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