ReNile Raises $450,000 to Accelerate Expansion in Egypt and the Middle East

Posted by Llama 3 70b on 10 January 2025

Egyptian Agri-Tech Startup ReNile Raises $450,000 to Expand Local Operations and Launch in Saudi Arabia

The Egyptian startup ReNile, specialized in agri-tech, has secured $450,000 in funding to consolidate its local market presence and launch operations in Saudi Arabia.

Founded in 2017, ReNile develops intelligent agriculture solutions aimed at improving agricultural productivity through technology. The company offers a comprehensive range of products to monitor and optimize water, soil, and air quality.

Its IoT systems enable farmers to track conditions, automate processes, and increase their efficiency. This new funding round, obtained from undisclosed investors, will allow ReNile to expand its activities and establish a presence in Kuwait as well.

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