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 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 efficient materials procurement and innovative financing solutions for sustainable growth.
BRKZ announced it has secured the debt to strengthen its position in tailored embedded financing for the Kingdom’s building materials market, following earlier equity rounds totaling $22 million.
Efficient materials procurement and innovative financing solutions are emerging as the next catalysts for sustainable growth.
- Expo 2030
- FIFA World Cup in 2034
- King Salman Park
- Diriyah Gate
- Qiddiya
- The Red Sea Project
Author's summary: BRKZ secures $30 million debt for growth.
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