Terraxy
KAUST spinout that makes Carbosoil, a modified biochar soil amendment for sandy Saudi soils; it raised USD 3 million in a Seed-2 round led by Wa'ed Ventures in June 2026.
Industry: Soil amendments and carbon removal | Location: Thuwal, Saudi Arabia | Founded: 2023 | Total Funding: USD 3M
About Terraxy
Terraxy is a Saudi Arabian agritech startup spun out of King Abdullah University of Science and Technology (KAUST). It works on a problem central to the kingdom's greening ambitions: sandy desert soils hold water and nutrients poorly, which makes farming, landscaping and land rehabilitation expensive and resource hungry.
Its core product is Carbosoil, a proprietary soil enhancer designed for degraded, sandy environments. The company claims Carbosoil can deliver up to a 70 percent improvement in plant growth and yield using the same amounts of water and nutrients. It also says the product can lock carbon dioxide into the soil durably, for centuries, so it serves as both a soil health product and a carbon removal technology.
Terraxy was founded in 2022 by Adair Gallo and Himanshu Mishra. The company has passed through the regulatory sandbox of Saudi Arabia's Ministry of Environment, Water and Agriculture, which allows emerging environmental technologies to be validated under real-world conditions.
In its funding history, Terraxy has raised USD 3 million in a Seed-2 round. The round was led by Wa'ed Ventures, the venture capital arm of Aramco, with participation from KAUST. The article does not give the date of the round or details of earlier funding.
The company plans to use the capital to move from pilot-scale production to full industrial deployment. The centrepiece of that plan is a 30,000 square metre commercial facility in Al Zulfi. TechScoop notes that this step from laboratory research to industrial manufacturing is a key test for deep tech companies, and that the plant will show whether Carbosoil performs at scale across large greening and land rehabilitation projects.
TechScoop places the company within Saudi Arabia's broader push on water security, food production and emissions reduction, including the Saudi Green Initiative and Vision 2030. The article notes that the kingdom relies on imports for as much as 85 percent of some fresh produce categories, which adds weight to technologies that can rehabilitate arid land. The backing of an Aramco-linked investor is read as a sign that the oil sector is also funding land degradation and carbon management technologies.
Leadership
- Adair Gallo, Founder
- Himanshu Mishra, Founder
- Batool Albar, General Manager