MIT Enterprise Forum Pan Arab
alumni directory

Oaesis

Oaesis

Agritech

Saudi Arabia

Still operating

Competition

Competition

Rank

Rank

Track

Track

Arab Startup Competition Twelfth Edition 2019

Semi-finalist

Ideas Track




Competition

Arab Startup Competition Twelfth Edition 2019: Ideas Track - Semi-finalist

Description

Due to fast world population growth, reduction in natural resources and demanding customers needs in food systems has changed. We need more food, closer to urban areas, produced more efficiently, healthier, grown locally and year-round.

Indoor farming is a booming industry, creating new ways to feed the world well day and night. Farms rely on electricity and their challenge is to provide affordable produce while electricity prices increase. One way to handle this challenge is to use artificial lighting, such as LEDs, but there is still room for improvement.

Oaesis brings the world’s first energy-efficient laser-based grow lights. Oaesis’ grow lights provide more energy savings, less heat emission, and faster growth cycles than LEDs. Using Oaesis’ technology, lighting energy costs can be reduced by up to 30% and our unique configuration reduces the cost in temperature control up to 90%.

Founders

Vasiliki Kordopati

Vasiliki Kordopati

Founder & CEO

Team members

Lama Omar Jamjoom / Product Development Manager

Reach out

Funding

  • 2017 - KAUST Innovation Fund - $45,000
Visit website

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