Using smart technology to cultivate fresh greens

The Natufia Smart Garden gives households total control over the greens they want to consume without depending on the climate or the seasons. (Supplied)
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Updated 04 March 2023
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Using smart technology to cultivate fresh greens

  • Food tech firm adopts penetrative pricing to drive food security in Saudi Arabia

RIYADH: Saudi Arabia is in overdrive to achieve its ambitious goals of diversifying its economy and further uplifting the quality of life without compromising its commitment to sustainable living.

Its measures have created a rich environment conducive to innovation and investment and witnessed mushrooming startups developing novel ideas supported by different institutions in the public and private sectors.

One of those entities is the King Abdullah University of Science and Technology which has emerged as a beacon for innovative ideas and a home to the most diverse startups in the region.

Its venture, Natufia Labs, is contributing toward ensuring food security in the Kingdom. 

In 2014, the company pioneered a hydroponic kitchen farm that automates plant growth through a self-contained case that provides optimal water, lighting, and nutrients to cultivate fresh greens throughout the year.

Called Natufia Smart Garden, the technology gives households total control over the greens they want to consume without depending on the climate or the seasons.

With the smart kitchen garden, though, you place the seed pods within the nursery of the cabinet to germinate. After about 10 days, the pod turns into a plant. It is then moved to the growth chamber, and 30 days later, you have fresh green produce devoid of pesticides or preservatives.

The technology can sow over 40 varieties of seed pods and can grow almost 32 plants simultaneously, including basil, chilies, kale, lettuce, cherry tomatoes, and chamomile, to name a few. But the technology came with a price.

At $13,000, the product was a luxury and a preserve of the uber-rich. Weighing 270 kg, it was a hardware-intensive technology that commanded huge manufacturing costs coupled with the logistics challenges of sourcing parts from different parts of the world. 

“Our first clients were chefs in France and private clients in California. These were people who loved food and cooking, and for them, Natufia was an extension of their gardens. They told us it was something they wanted for years,” Gregory Lu told Arab News, who set up the company in 2014 in Estonia after spending the better part of his life selling dream homes across Europe.

What also went in the company’s favor was its environmental commitment because here was a product that curbed packaging, pollution, food miles, and toxins.

So, what turned this one-time realtor into an environmentalist? In 2012, after advising high net worth individuals on lucrative real estate opportunities, the law graduate found his true calling as he purchased an olive plantation in Sicily.

“I was able to reconnect with nature and produce olive oil in the most natural way, without fertilizer, pesticide, and excess watering,” said Lu. This enthusiastic embrace of natural living inspired Lu to dream of a farm for every household.

In 2018, Natufia Labs joined the Techstars Dubai Accelerator Opening Class and closed a $1.2-million seed round led by Butterfly Ventures, Techstars, and the Dubai-based Ginco Investments.

I was able to reconnect with nature and produce olive oil in the most natural way, without fertilizer, pesticide, and excess watering.

Gregory Lu, Natufia Labs founder and CEO

However, when the COVID-19 pandemic engulfed the world, it highlighted the fragility of the global supply chains and their impact on food security. It made it harder for farmers and food producers to get their produce to market.

For instance, according to the General Authority for Statistics, food and beverage in Saudi Arabia recorded the highest annual increase of 14.4 percent in July 2020, primarily due to a 19 percent increase in vegetable prices and 18.2 percent in meat prices.

With limited mobility and increased demand for home deliveries, transportation costs also shot up, burdening the food basket further. The July 2020 GASTAT report further revealed that transportation costs in Saudi Arabia increased by 7.3 percent, mainly from a 13.9 percent increase in vehicle prices.

The lightning had struck, furthering Lu’s resolve to reach the masses.

In 2021, Lu finally received a helping hand from the unlikeliest place nearly 4,000 km away from his base camp: KAUST.

It not only awarded $2 million to Natufia Labs through its venture capital investment arm, the KAUST Innovation Fund, but also offered a residency at the KAUST Research and Technology Park. Lu soon perfected the art of production and lowered the price. Later, Lu realized the only way he could push the envelope was by designing a product that was smaller in size and more compact in shape than the Natufia Smart Garden.

In the fall of 2022, it launched Natufia One, a smaller and semi-automated version of Natufia Smart Garden, which was entirely developed at KAUST. Weighing 65 kg, Natufia One ventured into the market.

Lu now plans to raise new investments to increase production capacity and triple the firm’s distribution network before the end of this year. He also hopes to launch a slew of new products in 2024.

The plans are encouraging, considering the Kingdom is on a war footing to localize the country’s food industry by 2030.


Gulf emerging as beneficiary amid changing global alliances, says TCW executive

Updated 23 January 2026
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Gulf emerging as beneficiary amid changing global alliances, says TCW executive

DAVOS: As artificial intelligence dominated discussions at this year’s World Economic Forum in Davos, asset managers are exploring how the technology can be deployed at scale without losing the human judgement that underpins investment decisions.

For Jennifer Grancio, global head of distribution at asset management firm TCW, Saudi Arabia’s approach to energy and AI makes it a particularly attractive hub for investors.

“Saudi Arabia has been very forward-leaning in traditional energy,” Grancio said.

“They’ve also invested heavily in grid efficiency and electricity, which positions them to serve the wider region. Combined with AI adoption, it makes them a powerhouse for investment opportunities.”

For TCW, the focus is not on replacing human expertise but on expanding capacity.

“We’re using AI to increase capacity, not to replace investment analysts or people who write commentaries or evaluate securities,” Grancio explained.

The firm continues to rely on deep research, deploying AI selectively across functions such as securitized credit, marketing and investment teams.

TCW’s engagement with AI predates the current wave of enthusiasm and adoption.

“We were actually an early AI investor. In the US, we have the oldest AI fund, launched over eight years ago, focused on both enablers and adopters,” Grancio said.

The dual focus on technology and infrastructure increasingly aligns with developments in the Gulf.

“As an investment manager, we look at both the AI systems being developed and how energy and power infrastructure supports them,” she said, highlighting TCW’s global energy and power strategy, which has consistently outperformed its benchmark.

Geopolitical shifts are also reshaping investment flows to the Gulf.

“Concerns around the US, China or Russia have led global investors to rely more on the Gulf,” Grancio said. “It’s a great time for development and trade there.”

Emerging markets are drawing growing attention from investors.

“In the US, there’s a rotation toward global exposure. Elsewhere, there’s renewed focus on emerging markets and managing through volatility,” she said.

TCW has benefited from this trend, particularly in emerging market debt, with sovereign clients increasing allocations by billions of dollars.

Volatility, Grancio added, can create opportunity. “As a value manager, we do deep research and focus on relative valuation. In fixed income and securitized credit, volatility allows us to increase returns for clients.”

In the Middle East, sovereign wealth funds and pension systems are expanding into private credit and alternative income strategies. Education is key, Grancio said.

“Understanding what’s different about private investments is critical. They offer strong compounding and portfolio diversification.”

Private asset-backed finance is a growing trend in the region. “We’re seeing portfolios shift from public fixed income into private securitized credit, a major growth area.” 

Looking ahead to 2026, Grancio said that shifts will vary by region and investor type. “In the US, the wealth market has moved toward ETFs. We’ve rapidly built out a $6 billion ETF platform to meet demand,” she said.