AI

Saudi Arabia’s SARsatX Raises $2.6M to Revolutionise Ground-Monitoring Analytics

Editorial Team
Editorial Team

2 min

SARsatX, a Saudi start-up, raised $2,6 million in seed funding for AI-driven analytics solutions.

Lead investor was TONOMUS, part of the NEOM city project, with other notable co-investors.

Founded in 2023 by five entrepreneurs, SARsatX targets industries like agriculture and energy.

It's the first regional space-focused start-up to graduate from Seraphim Space Accelerator.

Future plans include expanding from MENA to Africa, South East Asia, and Latin America.

Saudi start-up SARsatX has successfully secured $2.6 million in a seed funding round, marking another significant step forward for the region's increasingly dynamic tech scene. The young company focuses on sophisticated ground-monitoring analytics solutions, harnessing artificial intelligence and advanced data analysis to provide essential insights to diverse industries.

Heading up the funding round was TONOMUS, a subsidiary of Saudi Arabia's ambitious NEOM city project. Notably, Wa’ed Ventures, Access Bridge Ventures, and KAUST Innovation also joined the investment drive, underscoring growing investor confidence in the Gulf's emerging tech firms.

SARsatX was started in 2023 by five enthusiastic entrepreneurs—Ahmad Al-Zubairi, Mohannad Al-Mutairi, Amr Al-Amoudi, Michael Ings, and Matthew McCabe—aiming to leverage AI capabilities to tackle challenges in key sectors. From agriculture and energy to critical security and environmental conservation, the company's services are designed to support vital industries with real-time, accurate, and impactful analytics.

Interestingly, SARsatX is the very first space-focused start-up in the region to graduate from the worldwide-renowned Seraphim Space Accelerator. This global programme has enabled the firm to forge stategic partnerships in Europe and across the United States, setting a solid foundation for further growth.

Looking ahead, the company plans initially to bolster its presence in the Middle East and North Africa, before eventually branching out into new markets, including Africa, South East Asia, and Latin America.

It's an exciting milestone for tech enthusiasts following SARsatX’s developments via platforms like Arageek—highlighting not just the investment potential in Saudi Arabia but also the increased focus and enthusiasm for cutting-edge innovations across the region.

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