Opportunity
Badia Farms
Founders: Omar Al Jundi
Country: U.A.E. Established in: 2016 Badia Farms is one of the Middle East’s first commercial indoor vertical farms, using hydroponic technology to grow fruits and vegetables all year round. The farm uses 90% less water compared to open field farming. In 2020, the company announced plans to build a large-scale hightech vertical farm that will produce 3,500kg of high-quality fruits and vegetables per year. Since its inception in 2016, the company has raised $5 million in funding.
Algebra Intelligence Founders: Ahmad Altawafsheh, Ala’a Alghwiri
Country: Jordan Established in: 2020 Algebra Intelligence creates energy monitoring solutions. Its first product, TaQTaK, enables users to monitor the energy that is generated from their solar PV systems as well as their own electricity consumption. In May 2021, the startup closed a $310,000 pre-seed funding round led by Oasis500. It plans to use the funding to develop a mobile app, and a new data-based platform that uses AI and machine learning to create energy resources.
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10 Sustainable Startups In MENA
F O R B E S M I D D L E E A S T.C O M
OCTOBER 2021
