KAUST startup NOMADD secures investment from CEPCO
KAUST ·
KAUST spin-out company NOMADD, which specializes in robotic PV cleaning systems, has secured a Series B investment from Saudi construction company CEPCO. The investment will support NOMADD's project pipeline and growth ambitions, enabling them to scale operations and serve more customers. CEPCO will also advise on technology development and local manufacturing in Saudi Arabia. Why it matters: This investment validates KAUST's innovation fund strategy and supports the deployment of sustainable energy solutions in the region, leveraging local expertise and manufacturing.