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BRKZ, a construction-tech startup eyeing MENA, emerges from stealth with $8M
MENA region is currently experiencing considerable construction market size growth that BRKZ is hoping to tap.
Yet even as the sector in the country continues to expand exponentially, it remains entrenched in traditional practices, leading to project interruptions and increased costs, says Ibrahim Manna, founder and CEO of BRKZ, a construction-tech startup based in Riyadh. The purchase of building materials in Saudi Arabia and the larger MENA region majorly involves physical visits to suppliers, price haggling and lack of guarantees on quality and delivery dates, some of the pain points that inspired him to launch BRKZ in 2022, Manna told TechCrunch. Our main focus for the upcoming year is to expand our in-house tech capabilities, double down on financing solutions, and ensure we have solid operations and supplier coverage in every city in KSA [Kingdom of Saudi Arabia],” said Manna, who prior to founding BRKZ was an executive at Careem, the ride-hailing company bought by Uber in 2019 for $3.1 billion.
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