Dubai invests $47 million in US farm tech firm

Dubai invests $47 million in US farm tech firm

Dubai is buying a $47 million (around AED 1.7 million) stake in US farming technology company Indigo.

Indigo will use the cash to develop new ways of growing crops such as wheat and soy bean.

Investment Corporation of Dubai led the deal, which is being described as one of the largest investments into a private agriculture-technology firm.



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