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Dómhnal Slattery takes on role as special adviser at Abu Dhabi’s Pure Harvest

Company specialises in the year-round sustainable production of fruit and vegetables in the tough desert environment

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Dómhnal Slattery

Dómhnal Slattery

Dómhnal Slattery

Aviation entrepreneur Dómhnal Slattery, who stepped down recently as chief executive of Dublin-based aircraft leasing firm Avolon, has been appointed a special adviser to Abu Dhabi-based agritech business Pure Harvest Smart Farms.

Pure Harvest was founded by Sky Kurtz, who is its chief executive. The company is focused on the year-round sustainable production of fruit and vegetables in the tough desert environment.

It’s behind the Middle East’s first commercial-scale, semi-automated high-tech growing system.

It touts its technology as being seven times more efficient that typical desert greenhouse farms and more than 30 times as efficient as traditional field farming.

Pure Harvest says part of its mission is to offer “true and tangible food security”, helping the United Arab Emirates to move towards self-sufficiency and environmental sustainability.

Pure Harvest has raised $387m (€376m) to date. Earlier this year, it raised $180m in its latest funding round, backed by the UK’s Metric Capital Partners, Korea’s IMM Investment Corporation and Saudi Arabia’s Olayan Group.

The company intends to leverage the equity with debt financing to expand its footprint in the Gulf and to open new markets in Asia.

Mr Slattery is a co-founder of Avolon and was its chief executive until this year. Avolon is one of the world’s largest jet leasing companies.

Mr Slattery is also the non-executive chairman of New York-listed Vertical Aerospace, a developer of electric air taxis that has hundreds of advance orders from global airlines.

“In a world rife with geopolitical challenges, food security is one of the most critical and worrisome issues facing humankind,” said Mr Slattery.

“When I look at companies I work with, I look closely at the intent of the founders, their character, the problems they strive to solve and also the net contribution they make to our planet.”

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Mr Kurtz said Mr Slattery’s experience and international connections make him an “ideal advisory partner”.

Mr Kurtz is a previous vice president at Franciso Partners, the $15bn tech investment firm based in San Francisco.

He has also been involved in technology startups, including co-founding Vence, an autonomous virtual fencing system for the management of livestock.

In Ireland, Mr Slattery has established a new vehicle called Clahane Capital, where he is CEO.

He has been joined at that business by Yvonne Gallagher, who is vice president of operations. She is a former Avolon senior executive.


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