WakeCap, a Riyadh, Saudi Arabia-based provider of a sensor-powered project intelligence and controls platform, raised $28M in Series A funding.
The round was led by UP.Partners, with participation from Graphene Ventures and strategic investors across the U.S., Saudi Arabia, and Asia.
The company intends to use the funds to consolidate its presence across existing and new markets, deepen its product capabilities, and expand integrations with key industry platforms.
Led by CEO and Founder Dr. Hassan Albalawi, WakeCap is a sensor-powered project controls platform built for complex construction projects and oil and gas programs, Deployed across $80B+ in active projects and over 100 million worker hours, it turns live jobsite data into actionable insights to improve safety, productivity, and risk management.
Today, the company operates across Saudi Arabia, the UAE, Japan, and the U.S., supported by a team representing 34 nationalities.
It serves Aramco, NEOM, Qiddiya, and Emaar, among others.
FinSMEs
14/05/2025