Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Sadeem, a Saudi Arabia-based environmental sensor spinout of King Abdullah University of Science and Technology (Kaust), has raised $2.6m from Kaust’s Innovation Fund and oil producer Saudi Aramco’s corporate venturing unit Wa’ed Ventures, the Saudi Gazette reported yesterday. The money will go to developing sensors that could help predict natural disasters, particularly those experienced in Saudi Arabia, while also funding upgrades to Sadeem’s existing technologies for air quality, flood and traffic monitoring. Sadeem was formed in 2016 by then-Kaust professor…
