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 major events like Expo 2030 and the FIFA World Cup in 2034, and projects such as King Salman Park, Diriyah Gate, Qiddiya, and The Red Sea Project underway, Saudi Arabia's construction market is growing rapidly.
- Expo 2030
- FIFA World Cup in 2034
- King Salman Park
- Diriyah Gate
- Qiddiya
- The Red Sea Project
BRKZ will use the funding to strengthen its position in providing tailored embedded financing for the Kingdom's building materials market.
BRKZ has secured up to $30 million in growth debt from Stride Ventures.
This announcement follows BRKZ's earlier equity rounds totaling $22 million.
Author's summary: BRKZ secures $30 million debt from Stride Ventures.
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