Terraxy, a startup spun out of King Abdullah University of Science and Technology (KAUST), has secured $3 million in a Seed-2 funding round led by Wa’ed Ventures, the venture capital arm of Aramco, with participation from KAUST. This funding will support the scaling of Terraxy's proprietary soil enhancer, Carbosoil, from pilot to industrial production and enable the establishment of a 30,000-square-meter commercial facility in Al Zulfi, Saudi Arabia. Carbosoil improves plant growth and yield by up to 70% while enhancing water and nutrient retention in sandy soils for landscaping and carbon capture. Why it matters: This investment highlights Saudi Arabia's strategy to commercialize deep-tech research from local institutions to achieve national sustainability, food security, and desert greening objectives.
Terraxy, a KAUST startup, is providing solutions to transform Saudi deserts into fertile landscapes using CarboSoil, an advanced biochar product. CarboSoil improves soil fertility, conserves water, and enhances plant growth, and is tailored to counteract the alkaline nature of Saudi sandy soils. Terraxy is working with Saudi Aramco and NEOM to implement its technologies, servicing over 60,000 native plants. Why it matters: This innovation directly supports the Saudi Green Initiative and offers a sustainable approach to combat desertification and promote food production in the region.
KAUST is celebrating Saudi Arabia hosting World Environment Day 2024 by highlighting two KAUST startups: Terraxy and iyris. Terraxy produces Carbosoil, a soil amendment that renders sandy soils amenable for food production and greening. iyris designs technologies like greenhouse covers and shade nets to help growers increase crop yields and reduce input costs. Why it matters: These startups demonstrate Saudi Arabia's commitment to environmental sustainability through innovative, homegrown solutions, aligning with the Kingdom's Vision 2030 goals for greening the nation and reducing organic waste.
KAUST researchers are using CarboSoil biochar and native biocrusts to revitalize arid lands in Saudi Arabia, enhancing soil fertility, capturing carbon, and reducing erosion. CarboSoil, engineered from poultry waste by KAUST's Himanshu Mishra, improves nutrient and water retention in desert soils. Terraxy, Mishra's startup, aims to convert all of Saudi Arabia's poultry waste into CarboSoil, supporting greening initiatives. Why it matters: This technology offers a sustainable solution to boost domestic food production, combat desertification, and reduce landfill waste in Saudi Arabia, aligning with the Kingdom's food security and environmental goals.
KAUST spinout Sadeem, which develops wireless environmental sensing systems, has secured $2.6 million in co-investment from the KAUST Innovation Fund and Saudi Aramco's Wa'ed Ventures. The funding will support product updates, development of new monitoring technologies, and business development. Sadeem's technology is used in cities including Mexico City and Texas for flood, traffic, weather, and air quality monitoring. Why it matters: The investment highlights the growing venture capital ecosystem in Saudi Arabia and will allow Sadeem to further develop its sensor technology for environmental monitoring and disaster prevention.