Terms
- Announced
- 18 Jun 2026
- Instrument
- Equity
- Amount
- US$3.00m
- Source
- finsmes.com
Parties
- Project developer
- Terraxy
- Recipient type
- Technology company
- Country
- Saudi Arabia (KAUST spinout)
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Aramco Ventures Lead investor US$1.50m Estimated: an even share, 1 of 2 King Abdullah University of Science and Technology Investor US$1.50m Estimated: an even share, 1 of 2
Carbon
- Pathway
- Soil carbon / regenerative agriculture
- Project type as recorded
- Soil regeneration / desert greening - durable soil carbon storage (Carbosoil)
What happened
- Investors: Wa'ed Ventures (Aramco VC, lead) and KAUST. KAUST spinout Terraxy raised $3M Seed-2 to scale its Carbosoil soil-regeneration / desert-greening technology that durably stores CO2 in arid soils.
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