Wa’ed Ventures backs KAUST spinout Terraxy to scale desert greening technology

Terraxy, a startup born from research at King Abdullah University of Science and Technology (KAUST), has secured $3 million in a Seed-2 round led by Wa’ed Ventures, the local venture capital arm of Aramco, with participation from KAUST to scale soil-regeneration technologies for landscaping and carbon capture in desert environments. The funding will support Terraxy’s transition from pilot-scale production to industrial production and deployment across Saudi Arabia, including the establishment of