A milestone for Uvera
Uvera has closed its seed funding round, backed by Morgan Stanley Inclusive & Sustainable Ventures (MSISV), LAB7 — Aramco’s venture-building arm, Core Vision, and a group of strategic angel investors.
The round marks a significant milestone in Uvera’s growth, bringing together strategic capital, global expertise, and technical capabilities to accelerate the company’s expansion and advance its fresh-food technology platform.
Uvera develops proprietary technologies designed to reduce food loss and waste across the fresh food supply chain. Its platform brings together rapid shelf-life extension, IoT-powered cold-chain monitoring, digital traceability, blockchain technology, and data analytics to help food businesses preserve freshness, improve supply-chain visibility, and reduce waste.
Strategic Support for Uvera’s Expansion
Through Morgan Stanley Inclusive & Sustainable Ventures, Uvera gains not only strategic investment but also access to Morgan Stanley’s global network, expertise, and resources. The program is designed to support companies developing scalable solutions to social and environmental challenges, providing Uvera with additional capabilities as it expands its commercial footprint and enters its next stage of growth.
Advancing Traceability with LAB7
Alongside its investment, LAB7 is working closely with Uvera on the technical development of its platform, with a particular focus on blockchain-enabled traceability.
The collaboration is supporting the development of a more robust and scalable traceability infrastructure, strengthening data integrity and transparency across the fresh food journey. By combining Uvera’s food preservation and supply-chain technologies with LAB7’s technical and venture-building expertise, the partnership aims to enable greater visibility from farm through distribution and ultimately to the point of sale.
“This milestone reflects our efforts to address food waste at scale — and the confidence our investors have in Uvera’s ability to deliver measurable impact,” said Dr. Asrar Damdam, Founder and CEO of Uvera. “The value of this round goes beyond capital. Morgan Stanley’s global expertise and support for our expansion, together with LAB7’s technical capabilities, will play an important role as we scale Uvera and continue building the technology infrastructure needed for a more efficient and transparent food system.”
The funding will support Uvera’s continued technology development and commercial expansion, enabling the company to bring its solutions to more food businesses and supply chains across the region and beyond.
For Uvera, the milestone represents another step toward a clear goal: giving fresh food more time, giving businesses greater visibility, and ensuring that less food goes to waste.
