Q1 2026$612M raised14 deals0 new startups84 open roles

Madar FarmsBuilding the world's first commercial-scale indoor LED tomato farm

UAE agtech operating vertical farms and building the world's first commercial indoor tomato facility in Abu Dhabi. Part of ADIO's $100M agtech investment. Produces microgreens year-round.

FROM THE EDITOR'S DESK

Madar Farms' claim to the world's first commercially viable indoor LED tomato crop is a meaningful proof point in an industry littered with failed promises. Based in Abu Dhabi at the intersection of food security and non-oil technology mandates, it benefits from favorable land deals, utility rates, and government procurement.

At $25M, Madar is modestly funded compared to global peers that have burned hundreds of millions. This could be a feature if it reflects discipline. The challenge remains unit economics: can you grow produce at a price consumers will pay without perpetual subsidy?

TEAM

Abdulaziz K AlMullaCEO
Ahmed FikriCo-Founder

SNAPSHOT

Founded2017
Total Raised$25M
CategoryAgriTech
StatusActive
Team Size101-200
LocationAbu Dhabi, UAE

FUNDING HISTORY

Jan 2020

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