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Terraxy Raises $3.0M Seed Round

Recently funded · $3.0M SeedFarming, Ranching, ForestrySAView source

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Turning arid landscapes into fertile ground, Terraxy, a KAUST startup, has raised $3.0M in Seed funding. The investment, backed by Wa'ed Ventures and KAUST, will support the company's sustainable technologies designed to unlock the agricultural potential of deserts.

Terraxy's core offering, Carbosoil, is a nature-inspired product that permanently builds soil with a one-time 5% application. It significantly enhances nutrient retention by 53% and water retention by 11% for centuries, leading to a 20% to 70% increase in plant growth. The company's approach also aims to lock carbon in the soil, contributing to long-term environmental benefits.

🇸🇦🌱 Saudi deeptech startup Terraxy, spun out of research at KAUST (King Abdullah University of Science and Technology) (KAUST), has raised $3 million in a Seed-2 round led byWa'ed Ventures, the VC arm of aramco, with participation from KAUST.

💰🏗️ The funding will support Terraxy’s transition from pilot-scale production to industrial deployment, including the development of a 30,000-square-meter production facility in Zulfi to scale its soil regeneration technology across Saudi Arabia.🧪🌍 Founded from research led by Professor Himanshu Mishra, Adair Gallo Jr. andBatool Albar with a big team of scholars and reseearchers, Terraxy is ta

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