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Top Funding Deals in Contech

Read about all the funding deals in Contech

$8M

Series A extension

Saudi Arabia-based contech, BRKZ, completed its Series A extension at $17 million, including $8 million raised ..Read More

Saudi Arabia-based contech, BRKZ, completed its Series A extension at $17 million, including $8 million raised in March last year and $1 million in venture debt. The round was backed by Capifly, along with existing investors such as BECO Capital, Aramco’s Waed, and others. This funding brought BRKZ’s total funding to $22.5 million and will support its expansion within Saudi Arabia and its supplier network in China and India.
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Undisclosed

pre-Seed

  • UAE
  •  January 15, 2025

UAE-based contech, Opteam, secured an undisclosed pre-Seed funding round led by Plus VC, with participation fr ..Read More

UAE-based contech, Opteam, secured an undisclosed pre-Seed funding round led by Plus VC, with participation from Dar Ventures, SIAC Ventures, and Oraseya Capital. The investment supported Opteam, founded in 2020 by Tarek Hegazy and Ahmed Hegazy, in its mission to empower construction teams with tools for monitoring progress, real-time dashboards, and intelligent schedule optimisation. The funding was allocated to enhance Opteam’s AI capabilities, grow its team, and strengthen its market presence in the UAE and Saudi Arabia.
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Undisclosed

Acquisition

Saudi Arabia-based proptech, Ayen acquired Egyptian construction tech platform, Elmawkaa in a SAR seven-figure ..Read More

Saudi Arabia-based proptech, Ayen acquired Egyptian construction tech platform, Elmawkaa in a SAR seven-figure deal. The acquisition will integrate Elmawkaa’s construction materials marketplace into Ayen’s property evaluation platform, enhancing its offerings for real estate clients. This strategic move positions Ayen for expansion into GCC markets, supporting its growth trajectory and broadening its services across private and public sectors.
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