Saudi Arabia's BRKZ Secures $30 Million Debt from Stride Ventures
Saudi Arabia-based construction technology company BRKZ has secured up to $30 million in growth debt from Stride Ventures.
With major events like Expo 2030 and the FIFA World Cup in 2034, and projects such as King Salman Park, Diriyah Gate, Qiddiya, and The Red Sea Project underway, Saudi Arabia's construction market is experiencing significant growth.
BRKZ has announced that it has secured the funding to strengthen its position in providing tailored embedded financing for the Kingdom's building materials market.
- BRKZ secured up to $30 million in growth debt from Stride Ventures.
- The company aims to provide innovative financing solutions for the construction market.
- This announcement follows BRKZ's earlier equity rounds totaling $22 million.
The funding will help BRKZ to further establish itself as a key innovator in the construction technology sector.
Author's summary: BRKZ secures $30 million debt from Stride Ventures.
More News
- The paradox of Pakistan's quick fix solutions | The Express Tribune
- Amazon’s newest streaming stick is missing a Spotify app.
- Auxiliary cop charged with fraud and traffic offences - Cayman Islands Headline News
- Employees are receiving renewed furlough notices as shutdown enters second month, this time without back pay guarantees
- Privacy laws can’t keep up with ‘luxury surveillance’
- MetLife Stadium is one of the most haunted stadiums
- Adobe’s experimental AI tool can edit entire videos using one frame