{"id":97251,"date":"2025-05-21T00:00:00","date_gmt":"2025-05-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/21\/sarsatx-raises-usd-2-6-mn-in-seed-funding-round\/"},"modified":"2025-05-21T00:00:00","modified_gmt":"2025-05-21T00:00:00","slug":"sarsatx-raises-usd-2-6-mn-in-seed-funding-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/21\/sarsatx-raises-usd-2-6-mn-in-seed-funding-round\/","title":{"rendered":"SARsatX raises USD 2.6 mn in seed funding round"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Local sp<\/strong><strong>acetech startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/sarsatarabia.com\/en\/home\/\" style=\"\" rel=\"noopener\">SARsatX<\/a><\/strong><strong> raised USD 2.6 mn in a seed funding round led<\/strong><strong> by <\/strong><strong>Neom\u2019s cognitive technology arm<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/tonomus.neom.com\/en-us\" style=\"\" rel=\"noopener\">Tonomus<\/a><\/strong>, with the participation of Wa\u2019ed Ventures, <a target=\"_blank\" href=\"https:\/\/access-bridge.com\" style=\"\" rel=\"noopener\">Access Bridge Ventures<\/a>, and <a target=\"_blank\" href=\"https:\/\/innovation.kaust.edu.sa\/entrepreneurs\/kaust-innovation-ventures\/\" style=\"\" rel=\"noopener\">KAUST Innovation Ventures<\/a>, it said in a <a target=\"_blank\" href=\"https:\/\/sarsatarabia.com\/en\/sarsatx-secures-2-6m-seed-round-led-by-tonomus\/\" style=\"\" rel=\"noopener\">press release<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the money go? <\/strong>The funding will be allocated to develop the company\u2019s Earth observation analytics capabilities and accelerate the integration of advanced data insights into satellites.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first backing for SARsatX:<\/strong> 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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Going global?<\/strong> SARsatX participated in the 2025 Mobile World Congress held in Barcelona <a target=\"_blank\" href=\"https:\/\/sarsatarabia.com\/en\/sarsat-participates-in-mwc-2025-in-barcelona-as-part-of-its-strategic-expansion-into-european-markets\/\" style=\"\" rel=\"noopener\">in<\/a><a target=\"_blank\" href=\"https:\/\/sarsatarabia.com\/en\/sarsat-participates-in-mwc-2025-in-barcelona-as-part-of-its-strategic-expansion-into-european-markets\/\" style=\"\" rel=\"noopener\">March<\/a>, supported by the \u201cTomoh\u201d program run by Monsha\u2019at in collaboration with the Saudi Export Development Authority, hoping to strike new partnerships in Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About SARsatX: <\/strong>Founded by Ahmed Alzubairi (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/aalzubairi\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) and Muhannad Almutiry (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/almutiry\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as a spin-off from KAUST\u2019s 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.<\/p>\n<p class=\"tag-border-left\">IN OTHER STARTUP NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>San Francisco-based predictive pro<\/strong><strong>curement platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/arkestro.com\/\" style=\"\" rel=\"noopener\">Arkestro<\/a><\/strong><strong> landed <\/strong><strong>a USD 36 mn <\/strong><strong>strategic investment led by Aramco Ventures<\/strong> <strong>and Altira Group<\/strong> with participation from existing investors NEA, KDT, and Activant, Aramco Ventures said in a <a target=\"_blank\" href=\"https:\/\/aramcoventures.com\/news\/arkestro-secures-36m-in-strategic-investment-to-accelerate-predictive-procurement-innovation\/\" style=\"\" rel=\"noopener\">press release<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Use of proceeds:<\/strong> The fresh funds will go toward accelerating Arkestro\u2019s innovation in AI-powered procurement technology and supporting its global expansion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Arkestro:<\/strong> Arkestro\u2019s 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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Homegrown <\/strong><strong>E-commerce SaaS startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ziadah.app\/\" style=\"\" rel=\"noopener\">Ziadah<\/a><\/strong><strong> closed its seed funding round with the support of <\/strong><strong>an unnamed angel investor<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2025\/05\/saudi-e-commerce-app-ziadah-closes-seed-round\" style=\"\" rel=\"noopener\">press release<\/a>. No further details on the funding round were disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Ziadah: <\/strong>Founded in 2024 by Ali Al Dihnayn (<a target=\"_blank\" href=\"http:\/\/linkedin.com\/in\/alialdihnayn\" style=\"\" rel=\"noopener\">Linkedin<\/a>) and Mahmoud Omar (<a target=\"_blank\" href=\"http:\/\/linkedin.com\/in\/mahmoud-ahmed-profile\" style=\"\" rel=\"noopener\">Linkedin<\/a>), Ziadah provides online retailers with tools that analyze shoppers' behavior and integrate the data with e-commerce platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The round was led by Tonomus, with participation from Wa\u2019ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures.<\/p>\n","protected":false},"author":1,"featured_media":97252,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2556],"tags":[1466,4283,10,179,2171,4282],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-97251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-aramco-ventures","tag-arkestro","tag-enterpriseam-ksa","tag-startup-watch","tag-waed-ventures","tag-ziadah","wpautop","entry"],"acf":{"mongo_id":"8b4ffcf3-e8cf-437d-85b5-fdd2a70d0d2b","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1736.jpg","photo_position":"above","homepage_title":"","full_issue_title":"SARsatX raises USD 2.6 mn in seed funding round","related_issue":[97237],"teaser":"The round was led by Tonomus, with participation from Wa\u2019ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.c5498de8-83b4-4273-895b-5edd21caea3a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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