Construction Tech BRKZ Secures Strategic Investment From VC Firm SIC

BRKZ, a Saudi Arabia-based construction technology company that connects suppliers, materials and contractors through a B2B platform, has received a strategic investment from Saudi Industrial Investment Company.

The investor is the investment arm of the Saudi Industrial Development Fund, with the agreement formalised during a signing ceremony attended by senior officials, including Sultan bin Khalid Al Saud and Fahad Al-Naeem.

Founded in 2023 by Ibrahim Manna, BRKZ operates a procurement platform that aggregates suppliers and materials while offering flexible delivery and payment options. The company reports serving more than 350 SMEs through a network of around 1,600 suppliers and over 7,300 products.

The investment supports BRKZ’s expansion beyond a procurement marketplace into a broader industrial supply chain platform, integrating artificial intelligence, cloud manufacturing and financing solutions.

“We are investing in BRKZ because it addresses a real-world challenge in the industrial supply chain,” Al-Naeem said. “By facilitating supplier access, providing payment flexibility, and utilising untapped production capacity, BRKZ is building a commercial infrastructure for the industrial sector.”

BRKZ said the funding will help improve factory productivity, expand access to liquidity and increase capacity utilisation, while supporting the development of digital procurement systems across the Kingdom.

“At BRKZ, we believe factories are a primary engine for economic growth,” Manna said. “AI technologies allow us to operate at a higher speed and efficiency, offering the best prices and enhancing the user experience across the supply chain.”

The company’s model combines supplier access, logistics and financing options, including cash, cash-on-delivery and credit. It has previously raised funding from investors including BECO Capital, BTV, Wa’ed Ventures and Class 5.