Saudi Arabia-based contech 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 giga-projects advancing, the country's construction market is growing.
BRKZ has secured the debt to strengthen its position in tailored embedded financing for the Kingdom's building materials market.
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.