Terraxy raises $3m to tackle desert soils and unlock carbon capture

Saudi start-up Terraxy, a KAUST spinout, has raised $3 million in a Seed-2 round led by Wa’ed Ventures, Aramco’s venture arm, to scale its proprietary soil-regeneration technology for arid environments. The funding will enable Terraxy to move from pilot to industrial scale, including building a commercial facility in Al Zulfi, and deploy its Carbosoil soil enhancer, which claims to boost plant growth and carbon storage in degraded desert soils. The company’s dual focus on productivity and carbon capture aligns with Saudi Arabia’s Vision 2030 and broader sustainability goals, with strong backing from research institutions and regulatory frameworks.