Saudi Climatetech Startup Remedium Raises $1.5M Pre-Seed to Scale AI-Powered Sustainability Accounting

Fawaz Abu-Ghazaleh, Remedium founder & CEO

Saudi Arabia-based climatetech startup Remedium has raised $1.5 million in pre-Seed funding, led by Kaltaire Investments, to expand its AI-powered sustainability accounting platform. Founded in 2021, the company will invest in AI, climate-risk modelling, water, waste and energy accounting, and Saudi-based computing infrastructure to strengthen environmental data management and data sovereignty.

How Much Did Remedium Raise in Its Pre-Seed Round?

Saudi Arabia-based climatetech startup Remedium has raised $1.5 million in a pre-Seed funding round led by Kaltaire Investments, giving the company additional capital to expand its sustainability accounting and environmental intelligence platform. The funding was announced on September 1, 2026.

Founded in 2021 by Fawaz Abu-Ghazaleh, Remedium develops technology for carbon management and sustainability accounting. Its platform helps businesses measure, manage and reduce their environmental footprint through digitalisation, automation and data analytics.

The latest round will primarily support product development, with Remedium targeting the intersection of artificial intelligence, climate technology and sustainability data.

What Will Remedium Use the $1.5M Funding For?

Remedium plans to allocate the new capital across several areas of its technology platform:

• AI and machine learning: Expanding capabilities for environmental data analysis and interpretation.
• Physical-risk modelling: Developing tools to assess climate-related physical risks.
• Forecasting: Adding predictive capabilities to its environmental intelligence platform.
• Automated document generation: Streamlining sustainability reporting and documentation.
• Climate Intelligence: Providing organisations with deeper analytics and contextual insights from environmental data.
• Sustainability accounting: Adding dedicated modules for water, waste and energy.
• Computing infrastructure: Expanding Saudi-based computing capacity to support data sovereignty and security.

The company said its new water, waste and energy modules will include dedicated key performance indicators (KPIs) and document templates, allowing organisations to capture and analyse a broader range of operational and environmental data.

What Is Remedium's Climate Intelligence Platform Designed to Do?

Remedium's Climate Intelligence offering is being expanded to provide organisations with more advanced environmental analytics. The planned capabilities include physical-risk modelling, forecasting and automated document generation, enabling sustainability data to move beyond measurement toward analysis and decision-making.

This reflects Remedium's broader approach of treating environmental information as structured business data that can support corporate planning, risk management and sustainability reporting.

Why Is Remedium Investing in Saudi-Based Computing Infrastructure?

A significant part of Remedium's expansion strategy is focused on data sovereignty.

The company plans to increase its computing infrastructure within Saudi Arabia, with the objective of keeping client data securely stored inside the Kingdom.

For a platform handling corporate environmental and operational information, local infrastructure can provide greater control over where data is stored and processed. Remedium is therefore positioning Saudi-based computing capacity as part of its product and security strategy, rather than simply an infrastructure upgrade.

Who Founded Remedium and What Is Its Sustainability Focus?

Remedium was founded in 2021 by Fawaz Abu-Ghazaleh, who serves as CEO. The company focuses on sustainability accounting and carbon management, using digitalisation, automation, artificial intelligence and data analytics to help organisations manage environmental information.

Abu-Ghazaleh said the need for sustainability accounting is becoming increasingly important as sustainability gains greater prominence in corporate decision-making, public-private partnerships and consumer behaviour.

The company's positioning is built around making sustainability statements more transparent and evidence-based by connecting environmental reporting with underlying data.

How Is Remedium Connected to Saudi Arabia's Deeptech Ecosystem?

Before raising its $1.5 million pre-Seed round, Remedium participated in NextEra, a Saudi deeptech programme organised by King Abdullah University of Science and Technology (KAUST) in collaboration with the National Technology Development Program (NTDP).

In May 2025, KAUST hosted a NextEra bootcamp involving 16 Saudi deeptech startups across areas including healthcare, cybersecurity, sustainability, robotics, fintech and electronics manufacturing. KAUST identified Remedium and Netzero among the programme's sustainability and climate-tech startups, describing Remedium as an AI-powered platform focused on carbon accounting.

This connection places Remedium within a broader Saudi deeptech ecosystem focused on commercialising technology aligned with national transformation priorities.

What Does Remedium's Funding Mean for Saudi Climatetech?

Remedium's latest funding provides $1.5 million in fresh capital for a Saudi startup developing software at the intersection of climate technology, AI and enterprise sustainability.

The company's next phase will combine three priorities: deeper AI capabilities, broader sustainability accounting and locally controlled computing infrastructure. Its planned expansion into water, waste and energy also moves the platform beyond carbon accounting toward a broader environmental data-management system.

With its 2021 founding, participation in the 2025 NextEra programme, and $1.5 million pre-Seed round in 2026, Remedium is now entering a new phase focused on expanding its technology and making sustainability data more actionable for organisations.

 

 

 

FAQs

1. How much funding did Remedium raise?
Remedium raised $1.5 million in pre-Seed funding in September 2026. The round was led by Kaltaire Investments.

2. What does Remedium do?
Remedium develops technology for carbon management and sustainability accounting, helping organisations measure, manage and reduce their environmental footprint through digitalisation, automation and data analytics.

3. Who founded Remedium?
Remedium was founded in 2021 by Fawaz Abu-Ghazaleh, who serves as the company's CEO.

4. What will Remedium use its new funding for?
The company plans to expand its AI and machine-learning capabilities, including physical-risk modelling, forecasting and automated document generation. It will also introduce water, waste and energy accounting modules and expand its Saudi-based computing infrastructure.

5. What is the NextEra programme?
NextEra is a Saudi deeptech programme organised by KAUST and NTDP. Its 2025 bootcamp featured 16 Saudi deeptech startups, including Remedium in the sustainability and climate-tech category.