Hydrovest Technology Trading & Contracting W.L.L., headquartered in Doha, a company specializing in climate-smart agricultural solutions, crops, and value-added products, announced today the successful completion of a QAR 1 million funding round.
The funding will be used to accelerate commercial production, complete the setup of a factory in Barakat Al Awamer, Logistics Area (A), Al Wakrah, expand research and development collaboration, and support expansion into the United Arab Emirates market during the fourth quarter of 2026.
Jessim Francis Adaya, CEO of Hydrovest Technology, said:
“Today’s investment represents a crucial turning point for Hydrovest. With this funding, we will move into large-scale commercial production. We are excited to deliver high-quality food options produced using data-driven agricultural methods.”
Hydrovest Technology, known for producing lettuce chips in Qatar, is on the verge of expanding its production line. The company is currently developing freeze-dried fruit products, leveraging advanced freeze-drying technologies to preserve the flavor of fresh fruits and their nutritional value without the need for preservatives or artificial ingredients. The company also plans to launch lettuce tea enhanced with moringa, lemon, and other healthy components.
Introducing these products to the market reinforces Hydrovest’s mission to revolutionize food security and environmental sustainability. It also contributes to building a strong foundation to serve retail partners across the GCC through the company’s new facility, in addition to supporting Qatar National Vision 2030.
Hydrovest’s Current Status
• Products and Market Traction: Lettuce chips, marketed as a healthy and distinctive alternative to snacks, are made from lettuce grown and harvested at a hydroponic farm in Doha, then distributed to a growing network of retail partners across the country. The growth in retail partnerships and sales momentum over the past twelve months has confirmed the increasing demand for locally produced, nutrient-rich snacks.
• Strategic Partnerships and Projects: Hydrovest has established a strategic relationship with global company DENSO, listed in the Fortune Global 500, for technical cooperation and the delivery of data-driven agricultural solutions. This partnership enables Hydrovest to import and cultivate high-quality Japanese melon varieties in Qatar.
• Status: Hydrovest Technology has received official approval to be listed in the Qatar Development Bank Exporters Directory, recognizing the company as export-ready.
Planned Investments and Immediate Priorities
• New Factory: Operating and equipping a new production facility in Barakat Al Awamer, Logistics Area (A), Al Wakrah, to support expanded production of value-added product lines.
• Production Line Expansion: Launch of enhanced lettuce chips with additional features: cholesterol-free, MSG-free, preservative-free, and more. Launch of lettuce tea with moringa and additional flavors, along with a range of freeze-dried fruit products specifically designed for retail and e-commerce channels.
• AI-Supported Agriculture: Introducing AI-supported hydroponic farming solutions through “Do It Yourself” and “We Do It For You” kits, enabling customers to create and maintain smart hydroponic gardens.
• Regional Expansion: Operations in Dubai are scheduled to begin in the fourth quarter of 2026 to establish distribution partnerships, target premium retail channels, and test export logistics across the UAE market.
Investor Impact and Partnership
The injection of QAR 1 million strengthens working capital, accelerates factory readiness, and reduces the risks associated with launching Hydrovest Technology’s products to meet growing demand from retail partners. The company expects this investment to enable subsequent partnerships and position its business for a broader customer base, as the R&D team continues exploring ways to transform hydroponic agricultural products into diverse food production lines.
