Aramco, Morgan Stanley back Saudi food-tech Uvera in seed round

What's the deal? UveraDealroom has a profile for this one. Try Dealroom →, a Saudi deep-tech startup building shelf-life extension and supply chain intelligence tools for the fresh food industry, has closed a seed round. Backers include Morgan Stanley Inclusive & Sustainable VenturesDealroom has a profile for this one. Try Dealroom →; LAB7Dealroom has a profile for this one. Try Dealroom →, the venture-building arm of AramcoDealroom has a profile for this one. Try Dealroom →; Core VisionDealroom has a profile for this one. Try Dealroom →; and a group of strategic angel investors.

What's the endgame? Uvera pairs its proprietary shelf-life extension technology with blockchain-backed traceability and IoT-powered analytics. The goal: help producers, distributors, and retailers keep food fresh longer, cut waste, and run leaner supply chains.

What's the money for? Uvera will use the funding to scale commercial deployments and advance its platform. LAB7 will also work with the company to strengthen the technical robustness, scalability, and data integrity behind its traceability and analytics tools.

“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 chief executive officer.

Why now? Roughly one-third of all food produced globally is lost or wasted, a major economic cost. Uvera's pitch is to shrink that loss by extending the shelf life of fresh produce while adding end-to-end supply chain visibility.

The signal: Backing from both Aramco's venture arm and Morgan Stanley points to strategic interest in food resilience infrastructure — and to Saudi Arabia's push to seed homegrown deep-tech.

Read more: Riyadh Key