Hydrovest Technology for Trading and Contracting LLC, a Doha-based company specializing in climate-smart agricultural solutions and high-value crops, has secured a new investment of QAR 1 million. This exciting move aims to accelerate production expansion, launch innovative food products, and boost its regional presence, particularly in the UAE market. This funding is part of a comprehensive expansion plan. It includes increasing the production capacity for lettuce chips, opening a new factory, and introducing advanced production lines. The company also plans to cultivate high-quality Japanese cantaloupe, with operations set to begin in Dubai during the fourth quarter of 2026. **Accelerating Commercial Production and Building Manufacturing Capabilities** The company explained that the new funding will be directed towards speeding up large-scale commercial production and completing the setup of its new factory in the Barakat Al Awamer area, located within Logistics Zone (A) in Al Wakra. Additionally, it will expand collaborations in research and development and support international expansion plans, especially in the UAE. Jissim Francis Adaya, CEO of Hydrovest Technology, stated that this investment marks a pivotal turning point for the company. He explained, "Thanks to this funding, we are moving into large-scale commercial production, focusing on delivering high-quality food products based on data-driven and technology-based agricultural methods." **Diversifying Products and Maximizing Added Value** Hydrovest Technology is well-known for producing lettuce chips in the Qatari market. However, it's now on the verge of a significant expansion in its product portfolio. This includes developing freeze-dried fruit products, using the latest drying technologies that preserve flavor and nutritional value without needing preservatives or artificial ingredients.
Related editorial
Corner, the Gen Z Social Map, Secures $7.5M to Power AI-Driven Discovery
Corner, a social mapping app popular with Gen Z, has successfully raised its total funding to $7.5 million. The company is leveraging this investment to enhance its platform, particularly by integrating artificial intelligence into its search engine. This allows Corner to provide personalized recommendations based on user reviews and in-app content, moving beyond traditional map services to offer a more tailored discovery experience.
Tarfin: How Smart Tech is Helping Turkish Farmers Get the Funding They Need
Tarfin is a cool Turkish platform that's making a big difference for farmers. It brings together agricultural tech and digital finance to help them get the supplies they need. They even use AI to make financing easier and more affordable!
From Field Schools to AI: FAO's Project Transforms Rural Life in Minya, Egypt
The FAO's rural development project in Minya, Egypt, has truly outdone itself! It successfully boosted agricultural productivity by an impressive 31%, empowered 550 local projects, and even launched exciting AI-driven initiatives, showing a fantastic new way to support rural communities.
Rinato Space and Koaloo.Fi Crowned WTO Small Business AI Champions
Artificial intelligence is rapidly changing how global trade works, helping small businesses manage their supply chains better, cut down on costs, and overcome many common trade hurdles. This year, the World Trade Organization (WTO) celebrated this trend by honoring Rinato Space and Koaloo.Fi as its Small Business AI Champions for their innovative use of AI.