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Saudi's BRKZ closes $17M Series A for its construction tech platform | TechCrunch

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Summary
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82% Informative

BRKZ, a Riyadh -based construction tech startup, has raised $9 million ( $8 million in equity and $1 million in debt) The company has expanded into over 40 cities across Saudi Arabia’s Central , Eastern , and Western provinces.

The company plans to start importing hard-to-source construction materials directly from global markets, starting with China this year .

BRKZ has raised $22.5 million since launching two years ago .

Manna says the company’s valuation has grown by 46% in the past year , reflecting 4x revenue growth with positive unit economics.

The newly raised capital will put the company on its way to becoming that comprehensive procurement hub it envisions.

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84

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85

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formal

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English

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65

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medium-lived

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2

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