Pre-seed · Climate tech
Remedium raises $1.5m pre-seed for climate-platform expansion
Kaltaire Investments led the financing for the Saudi sustainability-software company.
Remedium plans to add water, waste and energy accounting to its carbon-management platform. Each module will include dedicated indicators and document templates to help businesses organise environmental data.
The funding will also support physical-risk modelling, forecasting and automated document generation. The company plans more computing infrastructure in Saudi Arabia to keep client data within the country.
Use of funds
Expand AI and machine-learning capabilities, including physical-risk modelling, forecasting and automated document generation; add water, waste and energy modules; expand Saudi computing infrastructure for data sovereignty.
Funding history
Pre-seed · This round$1.5M