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Saudi-based startup Remedium raises $1.5 million in a pre-seed round led by Kaltaire Investments to enhance its AI-driven sustainability software.

PRIVATESep 01, 20267 days ago

Amount Raised

$1.5 Million

Round Type

Pre-Seed

Saudi ArabiaEnergyOil And GasSoftwareArtificial IntelligenceAnalytics

Investors

Kaltaire Investments

Description

Remedium has secured $1.5 million in a pre-seed funding round led by Kaltaire Investments, with contributions from undisclosed angel investors. The funds will be used to expand its AI-powered sustainability software, including tools for water, waste, and energy accounting. Additionally, the startup will enhance its machine learning capabilities for better environmental impact reporting. Remedium aims to further develop its infrastructure while ensuring local data compliance in Saudi Arabia.

Company Information

Company

Remedium

Location

Saudi Arabia

About

Remedium is a Saudi-based sustainability software startup that develops AI-powered tools for processing environmental data into audit-ready disclosures, reporting, and analytics. The platform focuses on greenhouse gas emissions accounting, helping enterprises track their environmental impact per ESG requirements. They aim to expand their offerings by introducing accounting modules for water, waste, and energy management. Additionally, Remedium is enhancing its computing infrastructure to ensure data sovereignty and security for its clients in Saudi Arabia.

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