Edama (Edama Organic Solutions)
ActiveConverts organic and food waste into compost and other inputs for desert agriculture, operating organic-waste recycling facilities designed for arid climates.
Founded in 2017 as a KAUST spin-off by Dr. Sabrina Vettori (CEO), Mitchell Morton (CTO), Saud Alhagbani, and Rowan Jandu, Edama is a Thuwal-based cleantech/agritech company that recycles organic waste into desert-agriculture products, including a facility at KAUST's Research & Technology Park. In October 2023 Edama entered a joint-venture partnership with Saudi Investment Recycling Company (SIRC) -- a wholly-owned Public Investment Fund (PIF) subsidiary -- to co-develop large-scale organic-waste recycling and desert-agriculture projects across the Kingdom; this is a partnership, not an acquisition, and Edama continues to operate independently under its own CEO.
Founders
Funding Rounds
Lead: KAUST Innovation Fund
Investors: KAUST Innovation Fund
Investors: KAUST Innovation Fund.
Lead: KAUST Innovation Fund
Investors: KAUST Innovation Fund
KAUST (which runs the KAUST Innovation Fund) states 'Edama has received seed investment of $780,000 USD from the KAUST Innovation Fund.' Entrepreneur ME (Oct 2021) says the seed round closed in February 2020, so year = 2020, month likely February; exact date not published. Edama also graduated from / won the KAUST TAQADAM accelerator in 2018 (no prize amount published, not recorded as a round). Also: https://mena.entrepreneur.com/entrepreneurs/startup-spotlight-edama-organic-solutions-is-on-a-mission/393520 https://www.technology.org/2020/08/17/reducing-waste-and-improving-soil/ Confidence: confirmed (round 13, KAUST (investor's own news site)).
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