
Riyadh – Sharikat Mubasher: Saudi deep-tech startup Strataphy announced raising $6 million in a seed funding round led by Outliers VC and Shorooq, with participation from PlusVC.
As per a recent press release, the company plans to use the capital to advance its technology stack, expand its engineering and operations teams, and support upcoming deployments across giga-projects, industrial sites, and hyperscale data centers in the Middle East and beyond.
Ammar Alali, Co-founder and CEO, said the investment will help the company accelerate its mission to build scalable, reliable, and cost-efficient cooling infrastructure for the next generation of AI-driven environments. He noted that demand for energy-efficient cooling solutions is surging across the region.
Founded by Alali and Ahmed Alhani, Strataphy specializes in subsurface-powered cooling technology for large-scale infrastructure. The startup develops and operates geothermal cooling systems designed to cut energy use and reduce costs for data centers, mega-projects, and urban environments. Its Cooling-as-a-Service model enables clients to adopt the technology without upfront capital expenditure, turning geothermal cooling into a predictable operating cost.