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 the country hosting global events like Expo 2030 and the FIFA World Cup in 2034, and advancing giga-projects, the construction market is growing, with efficient materials procurement and innovative financing solutions emerging as key catalysts for sustainable growth.
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.
Efficient materials procurement and innovative financing solutions are emerging as the next catalysts for sustainable growth.
Author's summary: BRKZ secures $30 million debt for growth.
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