• Saudi Arabia-based deeptech Uvera has closed a seed funding round with participation from Morgan Stanley Inclusive & Sustainable Ventures, LAB7, the venture-building arm of Aramco, Core Vision, and a group of strategic angel investors. The company did not disclose the funding amount.
• Founded in 2019 by Asrar Damdam, Uvera develops food preservation and supply chain intelligence solutions that combine proprietary shelf-life extension technology, blockchain-backed traceability, IoT-powered analytics, and AI to help food producers, distributors, and retailers reduce waste and improve operational efficiency.
• The new funding will support the commercial deployment of Uvera's platform and further development of its technology, while LAB7 will collaborate with the company to enhance the scalability, technical robustness, and data integrity of its traceability and supply chain intelligence solutions.
• Uvera aims to address global food waste by extending the shelf life of fresh produce and providing end-to-end visibility across the supply chain through its integrated deeptech platform.

Press release:

Uvera, a deep-tech Saudi startup that is developing shelf-life extension and supply chain intelligence solutions for the fresh food industry, today announced the successful close of its seed funding round. The round included participation from Morgan Stanley Inclusive & Sustainable Ventures; LAB7, the venture-building arm of Aramco; Core Vision; and a group of strategic angel investors.

The funding will be used to scale commercial deployments and advance Uvera’s technology platform, which combines proprietary shelf-life extension technology with blockchain-backed traceability and IoT-powered analytics. Uvera’s solutions aim to help producers, distributors, and retailers preserve food longer, reduce waste, and operate more efficiently across the supply chain.

In addition to its investment, LAB7 will collaborate with Uvera to strengthen the technical robustness, scalability, and data integrity of its platform, supporting the continued development of its traceability, analytics, 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.”

Globally, roughly one-third of all food produced is lost or wasted, representing a significant economic cost. Uvera’s platform helps address this challenge by extending the shelf life of fresh produce while providing end-to-end visibility across the supply chain.