Local spacetech startup SARsatX raised USD 2.6 mn in a seed funding round led by Neom’s cognitive technology arm Tonomus, with the participation of Wa’ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures, it said in a press release.

Where will the money go? The funding will be allocated to develop the company’s Earth observation analytics capabilities and accelerate the integration of advanced data insights into satellites.

Not the first backing for SARsatX: The company received backing from Egypt-based, early-stage venture capital firm Flat6Labs in mid-2024, after participating in Cycle 3 of the Riyadh Seed Program. It also received a USD 800k grant from NTDP in 2023 and another USD 55k grant from the KAUST Innovation Fund in 2020.

Going global? SARsatX participated in the 2025 Mobile World Congress held in Barcelona inMarch, supported by the “Tomoh” program run by Monsha’at in collaboration with the Saudi Export Development Authority, hoping to strike new partnerships in Europe.

About SARsatX: Founded by Ahmed Alzubairi (LinkedIn) and Muhannad Almutiry (LinkedIn) as a spin-off from KAUST’s Taqadam Accelerator in 2019, SARsatX specializes in advanced Earth observation analytics and providing near real-time satellite data to support various applications, including deforestation monitoring, oil leak detection, disaster response, urban development, and border security.

IN OTHER STARTUP NEWS-

#1- San Francisco-based predictive procurement platform Arkestro landed a USD 36 mn strategic investment led by Aramco Ventures and Altira Group with participation from existing investors NEA, KDT, and Activant, Aramco Ventures said in a press release.

Use of proceeds: The fresh funds will go toward accelerating Arkestro’s innovation in AI-powered procurement technology and supporting its global expansion.

About Arkestro: Arkestro’s platform uses AI, behavioral science, and game theory to accelerate procurement, enhance supplier collaboration, claiming to deliver 18.8% average cost savings per USD 1 mn in spending.

#2- Homegrown E-commerce SaaS startup Ziadah closed its seed funding round with the support of an unnamed angel investor, according to a press release. No further details on the funding round were disclosed.

About Ziadah: Founded in 2024 by Ali Al Dihnayn (Linkedin) and Mahmoud Omar (Linkedin), Ziadah provides online retailers with tools that analyze shoppers’ behavior and integrate the data with e-commerce platforms.

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