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Data Center News > Blog > Investments > BRKZ Closes $17M in Series A Funding
Investments

BRKZ Closes $17M in Series A Funding

Last updated: February 10, 2025 3:32 pm
Published February 10, 2025
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BRKZ Closes $17M in Series A Funding
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BRKZ, a Riyadh, Saudi Arabia-based B2B managed market for development supplies with embedded financing, raised $17M in Sequence A funding.

The spherical, which introduced the full quantity to $22.5M, included an $8M Sequence A2 spherical closed in January 2025, complemented by $1M in enterprise debt from Capifly, following the preliminary $8M Sequence A1 spherical from December 2023. All present buyers recommitted, together with BECO Capital, Aramco’s Waed, 9900 Capital, Higher Tomorrow Ventures, RZM Funding, Class 5 World, MISY Ventures, Knollwood Funding Advisory, and Fluent Ventures.

The corporate intends to make use of the funds to scale its platform.

Based in 2023 by CEO and Founder Ibrahim Manna, BRKZ is a B2B managed development procurement market connecting contractors with suppliers by a tech-enabled platform and offering entry to 1000’s of SKUs, aggressive pricing, and tailor-made financing options. Since launching its Sequence A1, BRKZ has grown income fourfold throughout 2024, now serving greater than 850 distinctive contractors and factories throughout flagship initiatives like King Salman Park, Neom, and Crimson Sea. The corporate has expanded its supply community to over 40 cities throughout Saudi Arabia, with workplaces in three main areas, whereas processing $350m (SAR 1.3 billion) in RFQs by its platform.

FinSMEs

10/02/2025

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See also  Palona AI Raises $10M in Seed Funding
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