Funding Project Suppliers Raised About $1M Pre-Seed to Build Cash-Flow Tools for Saudi MEP Suppliers A SAR 3.75 million (about $1 million) first pre-seed round from undisclosed angel investors, reported in early October. The Saudi procurement platform says it has 12,000+ suppliers and contractors and nearly 600,000 quote requests, and will spend the money on AI cash-flow and financing tools for MEP and construction firms. Hugo Pegley · Oct 17, 2026
Funding BRKZ Raised $31M for Saudi Materials Procurement. More Than Half of It Is Debt. Wa'ed Ventures and 500 Global co-led a $13 million Series B equity round. Stride Ventures committed $18 million of growth debt alongside it. That split is the most informative number in the announcement, because it says what actually constrains a building-materials marketplace — and it is not engineering. Hugo Pegley · Sep 17, 2026
