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Egyptian agri-tech startup ReNile raised $450K funding

A US $450,000 round of funding has been closed by the Egyptian agri-tech startup ReNile to support its domestic expansion and Saudi Arabian launch.

ReNile was established in 2017 with the goal of utilizing technology to increase agricultural productivity through end-to-end smart farming solutions. In order to monitor and improve the quality of the air, water, and soil, it provides a wide range of products.

In order to expand operations and enter Saudi Arabia and Kuwait, it has raised US $450,000 from undisclosed investors. Its IoT systems allow farmers to automate processes, monitor conditions, and increase efficiency.

 

 

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