Terraxy, a Saudi-based startup, successfully raised $3 million in a Seed-2 funding round. The investment was led by Wa’ed Ventures, the venture capital arm of Aramco, with additional participation from King Abdullah University of Science and Technology (KAUST), aiming to scale soil-regeneration technologies for desert environments.
This funding will facilitate Terraxy's transition from pilot-scale production to industrial deployment. Key to this expansion is the construction of a 30,000-square-meter commercial facility in Al Zulfi, marking a significant step towards commercializing technology developed within Saudi Arabia’s research ecosystem.
Terraxy's proprietary soil enhancer, Carbosoil, aims to improve plant growth by up to 70% using existing water and nutrient levels, significantly boosting resource-use efficiency in arid regions. The company also positions its technology as a carbon management tool, capable of storing CO₂ in soils for centuries.
The company's development, supported by Saudi Arabia’s Ministry of Environment, Water and Agriculture (MEWA) Regulatory Sandbox and KAUST’s National Transformation Institute, exemplifies a "dual-impact innovation." This framework helps accelerate locally developed technologies while ensuring environmental validation and safety for future deployment.