Khobar-based geothermal tech company Strataphyn secured USD 6 mn in seed funding, according to a press release (pdf). The round was led by Outliers VC and joined by Shorooq, with participation from PlusVC (+VC).

Where will the money go: The company will channel the new funding into advancing its technology, expanding its end-to-end service stack, and scaling its engineering and operations teams to support upcoming deployments across gigaprojects, industrial sites, and hyperscale data centers in the MENA region.

About Strataphyn: Founded by Ammar Alali (LinkedIn) and Ahmed Alhani (LinkedIn), Strataphy is a deep-tech company developing subsurface-powered cooling for large-scale infrastructure. The company designs and operates proprietary geothermal cooling systems that lower energy consumption and costs for data centers, giga-projects, and cities. Its Cooling-as-a-Service model enables clients to use the technology without upfront capital investment.