Exciting News! EIF invests in iyris, an agtech company helping growers thrive in harsh conditions. ?? Their innovative greenhouse coverings with embedded nanomaterials reduce temperatures and water use while boosting yields and quality. Iyris empowers farmers to adapt to a changing climate and build a more sustainable future! #agtech #climatechange #agriculture
2023 was the hottest year on record, it doesn’t look like we’re cooling down anytime soon. Rising temperatures have made farming increasingly difficult in areas that were once prime agricultural resources where heat and drought have severely impacted crops. Riyadh and Abu Dhabi-based iyris, providing a lifeline to farmers across 11 markets and helping them navigate the challenges of climate change with its agricultural solutions, has raised $16 million in Series A from Ecosystem Integrity Fund (EIF), Global Ventures and Dubai Future District Fund.
