Saudi Foodtech Startup Uvera Secures Seed Funding

Saudi Foodtech Startup Uvera Secures Seed Funding

The round was backed by Morgan Stanley, Aramco's venture-building arm LAB7, Core Vision and strategic angel investors.

Dhahran-based foodtech startup Uvera has closed a seed funding round backed by Morgan Stanley Inclusive & Sustainable Ventures, LAB7, the venture-building arm of Aramco, Core Vision, and a group of strategic angel investors.

Founded in Saudi Arabia, Uvera develops technology designed to extend the shelf life of fresh produce while improving visibility across food supply chains. Its platform combines proprietary shelf-life extension technology with blockchain-backed traceability and IoT-powered analytics to help producers, distributors and retailers reduce food waste and improve operational efficiency.

The company said the new funding will be used to expand commercial deployments and continue developing its technology platform. As part of the investment, LAB7 will work with Uvera to enhance the scalability, technical performance and data integrity of its traceability and supply chain intelligence solutions.

\"This milestone reflects our efforts to address food waste at scale — and the confidence our investors have in Uvera's ability to help deliver measurable impact,\" said Dr Asrar Damdam, Founder and CEO of Uvera. \"We're building the infrastructure for a more resilient and efficient food system, and this investment allows us to bring our technology to more partners across the value chain.\"

According to the company, around one-third of food produced globally is lost or wasted. Uvera said its platform is designed to address this challenge by extending the lifespan of fresh produce while providing end-to-end supply chain visibility.