BRKZ Lands Strategic Investment to Power Saudi Industrial Supply Chain
Saudi Arabia-based construction technology startup BRKZ has secured a BRKZ strategic investment from the Saudi Industrial Investment Company (SIC), the investment arm of the Saudi Industrial Development Fund (SIDF). The deal marks a significant step in the Kingdom’s drive to modernise industrial procurement and, more broadly, strengthen its manufacturing backbone ahead of Vision 2030 goals.
The signing ceremony was attended by HH Prince Sultan bin Khalid Al Saud, CEO of SIDF and Vice Chairman of SIC, alongside SIC CEO Fahad Al-Naeem and BRKZ Founder and CEO Ibrahim Manna. Founded in 2023, BRKZ operates a B2B platform connecting industrial buyers with a network of approximately 1,600 suppliers and over 7,300 product lines, and currently serves more than 350 SMEs across the Kingdom.
From Procurement Platform to Full Supply Chain Enabler
Beyond its funding milestone, this BRKZ strategic investment accelerates the company’s evolution from a procurement platform into a comprehensive industrial supply chain solution, integrating AI, cloud manufacturing, off-take agreements, and input credit settlement. As a result, the move expected to boost factory productivity, improve liquidity access, and increase capacity utilisation rates for industrial players across Saudi Arabia.
In response to the deal, Al-Naeem described BRKZ as building real commercial infrastructure for the industrial sector, while emphasising SIC’s commitment to scaling the model in support of the Kingdom’s ambition to become a global manufacturing hub. Similarly, Manna noted that AI technologies allow BRKZ to operate faster and more efficiently, ultimately delivering better prices and an improved user experience across the supply chain.
Previously, the company raised up to $30 million in growth debt from Stride Ventures and counts BECO Capital, Wa’ed Ventures (Aramco Entrepreneurship Center), and Class 5 among its backers. With SIC now firmly on board, BRKZ well-positioned to reshape how industrial SMEs in Saudi Arabia access materials, financing, and market reach.
