Sadeem, a wireless environmental sensing systems spinout company from Saud Arabia’s King Abdullah University of Science and Technology (Kaust), has secured $2.6 million of co-investment from the Kaust Innovation Fund and Saudi Aramco’s Wa’ed Ventures fund, it was announced on Monday.
Sadeem is the world’s first multi-patented sensor solution for flood, traffic, weather and air quality monitoring.
In a statement, Sadeem said that the joint funding round will support the firm in pioneering crucial sensor technology that helps solve problems related to natural disasters.
“We are thrilled to be co-investing with Wa’ed Ventures in Sadeem, one of the kingdom’s leading deep tech startups,” said Kaust I&ED vice president, Kevin Cullen. “What started as idea between Kaust students is now a fast-growing company with a strong IP position, R&D and a talented local team.”
Wassim Basrawi, managing director of Wa’ed Ventures, said that Sadeem is a “great example” of a Saudi start-up turning “collaborative research efforts into commercial solutions” and addressing environmental challenges.
Specifically, the investment will be used by Sadeem for product updates to its existing Equa and Aura sensors, as well as to develop new technologies to monitor ice, hurricanes, tornadoes and earthquakes, as well as business development and new customer acquisition.
“Early on, as doctoral students at Kaust, we realised that there was a critical lack of information about flooding and air quality – and not just in Saudi Arabia, but around the world,” said Mustafa Mousa, co-founder and CEO of Sadeem.
Sadeem’s Equa system is already in use in eight cities, including Mexico City and in Texas. It is currently working to introduce its solutions to a number of cities in Spain, Canada and the United Kingdom.
Follow us on
