Saudi Arabia's BRKZ Secures $30 Million Debt from Stride Ventures
Saudi Arabia-based contech BRKZ has secured up to $30 million in growth debt from Stride Ventures.
With the country preparing to host global events like Expo 2030 and the FIFA World Cup in 2034, and giga-projects advancing, the construction market is shifting towards sustainable growth, driven by efficient materials procurement and innovative financing solutions.
BRKZ has announced it has secured up to $30 million in growth debt from Stride Ventures to strengthen its position in tailored embedded financing for the Kingdom’s building materials market.
This announcement follows BRKZ’s earlier equity rounds totaling $22 million.
BRKZ is a key innovator in the Kingdom’s building materials market.
Author's Summary
BRKZ secures $30 million debt to drive growth in Saudi Arabia's construction market.
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