- RKZ announced that it has secured $30 million in debt financing from Stride Ventures to accelerate its growth in Saudi Arabia’s construction materials market.
- The announcement comes as the Kingdom witnesses an unprecedented boom in major projects such as Diriyah Gate, Qiddiya, and The Red Sea Project, in preparation for Expo 2030 and the 2034 FIFA World Cup.
- BRKZ was also selected to join the Saudi Unicorns Program, reaffirming its position as a company aligned with the priorities of Saudi Vision 2030.
In a new step reflecting the strength of Saudi Arabia’s construction sector, BRKZ announced it has secured $30 million in debt financing from Stride Ventures, aiming to accelerate its growth and enhance embedded financing solutions in the Kingdom’s building materials market.
This funding comes as Saudi Arabia witnesses an unprecedented boom in its mega projects—including Diriyah Gate, Qiddiya, and The Red Sea Project—alongside preparations for Expo 2030 and the 2034 FIFA World Cup, making innovation in supply chains and financing a key driver for sustaining this momentum.
The move builds on BRKZ’s previous successes, having raised $22.5 million in earlier investment rounds backed by BECO Capital and Wa’ed, achieving a 4x revenue growth in 2024.
Since its founding, BRKZ has processed purchase orders worth over SAR 3.14 billion, expanded its product catalog to 7,500 items from more than 1,300 suppliers, and become a trusted partner for over 850 construction companies across the Kingdom.
Recently, BRKZ was selected for the Saudi Unicorns Program, reaffirming its growing role in driving digital transformation and empowering Saudi Arabia’s real estate and construction sectors.
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