Agritech Firm Iyris Names Egypt's Hyma Plastic Exclusive Maker of Its Heat-Blocking Greenhouse Film
The Saudi, KAUST-spun agritech's SecondSky covers will be manufactured in Egypt under a 2025 partnership, following an MoU with produce exporter Magrabi Agriculture.
Iyris, the agriclimate-tech company spun out of Saudi Arabia's KAUST, entered a strategic partnership with Hyma Plastic, Egypt's leading producer of agricultural polyethylene film, naming it the exclusive manufacturer of Iyris' SecondSky greenhouse product in Egypt. The heat-blocking covers help farmers grow produce in hot climates.
The tie-up followed a memorandum of understanding with Magrabi Agriculture, a major Egyptian fresh-produce exporter. Iyris, which raised a $16 million Series A, says SecondSky has been deployed on farms across 15 countries and plans to integrate the technology into a wider range of products.