{"id":45480,"date":"2025-05-15T11:20:11","date_gmt":"2025-05-15T08:20:11","guid":{"rendered":"https:\/\/entarabi.com\/?p=45480"},"modified":"2025-05-15T11:26:22","modified_gmt":"2025-05-15T08:26:22","slug":"wakecap-raises-28-million-to-scale-ai-powered-construction-technology-globally","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/05\/wakecap-raises-28-million-to-scale-ai-powered-construction-technology-globally\/","title":{"rendered":"WakeCap Raises $28 Million to Scale AI-Powered Construction Technology Globally"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"273\" data-end=\"396\">WakeCap secured <strong data-start=\"289\" data-end=\"324\">$28 million in Series A funding<\/strong>, led by UP.Partners, to expand its AI and IoT construction solutions.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"273\" data-end=\"396\">The company has recorded <strong data-start=\"424\" data-end=\"457\">over 150 million worker hours<\/strong> across <strong data-start=\"465\" data-end=\"486\">$80 billion worth<\/strong> of major global construction projects.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"397\" data-end=\"527\">\n<p data-start=\"399\" data-end=\"527\">The funding will support product enhancements, expansion into new markets, and team growth in engineering and customer success.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"659\" data-end=\"924\"><strong data-start=\"683\" data-end=\"694\">WakeCap<\/strong>, a Saudi-based construction tech company pioneering real-time site intelligence through wearable IoT devices, announced the closing of a <strong data-start=\"832\" data-end=\"870\">$28 million Series A funding round<\/strong> during the <strong data-start=\"882\" data-end=\"913\">Saudi-U.S. Investment Forum<\/strong> in Riyadh.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"926\" data-end=\"1072\">The round was led by <strong data-start=\"947\" data-end=\"962\">UP.Partners<\/strong>, with participation from <strong data-start=\"988\" data-end=\"1009\">Graphene Ventures<\/strong> and strategic investors from the U.S., Saudi Arabia, and Asia.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1074\" data-end=\"1340\">Founded in <strong data-start=\"1085\" data-end=\"1093\">2017<\/strong> by <strong data-start=\"1097\" data-end=\"1120\">Dr. Hassan Albalawi<\/strong> and <strong data-start=\"1125\" data-end=\"1140\">Ishita Sood<\/strong>, WakeCap provides <strong data-start=\"1159\" data-end=\"1198\">AI-powered, sensor-driven platforms<\/strong> that enhance safety, visibility, and productivity at construction sites\u2014enabling smarter decision-making for project managers and developers.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"1347\" data-end=\"1410\">Redefining Construction Management with Real-Time Site Data<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1412\" data-end=\"1501\">WakeCap\u2019s rugged hardware and enterprise-grade software deliver smart, real-time data on:<\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\" data-start=\"1503\" data-end=\"1638\">\n<li data-start=\"1503\" data-end=\"1543\">\n<p data-start=\"1505\" data-end=\"1543\">Workforce attendance and performance<\/p>\n<\/li>\n<li data-start=\"1544\" data-end=\"1569\">\n<p data-start=\"1546\" data-end=\"1569\">Equipment utilization<\/p>\n<\/li>\n<li data-start=\"1570\" data-end=\"1598\">\n<p data-start=\"1572\" data-end=\"1598\">Safety events and alerts<\/p>\n<\/li>\n<li data-start=\"1599\" data-end=\"1638\">\n<p data-start=\"1601\" data-end=\"1638\">Site progress and operational metrics<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"1640\" data-end=\"1917\">To date, WakeCap has tracked <strong data-start=\"1669\" data-end=\"1700\">over 150 million work hours<\/strong> on construction sites valued at more than <strong data-start=\"1743\" data-end=\"1758\">$80 billion<\/strong>, including flagship projects with <strong data-start=\"1793\" data-end=\"1803\">Aramco<\/strong>, <strong data-start=\"1805\" data-end=\"1813\">NEOM<\/strong>, <strong data-start=\"1815\" data-end=\"1826\">Qiddiya<\/strong>, and <strong data-start=\"1832\" data-end=\"1852\">King Salman Park<\/strong>, as well as developments in the <strong data-start=\"1885\" data-end=\"1892\">UAE<\/strong>, <strong data-start=\"1894\" data-end=\"1901\">USA<\/strong>, and <strong data-start=\"1907\" data-end=\"1916\">Japan<\/strong>.<\/p>\n<blockquote dir=\"ltr\" data-start=\"1919\" data-end=\"2453\">\n<p data-start=\"1921\" data-end=\"2453\"><strong data-start=\"1921\" data-end=\"1944\">Dr. Hassan Albalawi<\/strong>, CEO and Founder of WakeCap, stated:<br data-start=\"1981\" data-end=\"1984\" \/><em data-start=\"1986\" data-end=\"2281\">\u201cWakeCap\u2019s ability to gather and act on real-time data from job sites is critical to project oversight and quality control. This investment marks a pivotal moment in our growth, allowing us to expand globally and deliver deeper insights, faster reporting, and stronger operational efficiency.\u201d<\/em><br data-start=\"2281\" data-end=\"2284\" \/><em data-start=\"2286\" data-end=\"2453\">\u201cWe\u2019re proud to be building a platform that places worker safety at its core and brings greater clarity to the world\u2019s most complex construction projects,\u201d he added.<\/em><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"2460\" data-end=\"2517\">Proven Impact on Construction Safety and Productivity<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"2519\" data-end=\"2568\">WakeCap has demonstrated measurable improvements:<\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\" data-start=\"2569\" data-end=\"2707\">\n<li data-start=\"2569\" data-end=\"2610\">\n<p data-start=\"2571\" data-end=\"2610\"><strong data-start=\"2571\" data-end=\"2608\">91% reduction in safety incidents<\/strong><\/p>\n<\/li>\n<li data-start=\"2611\" data-end=\"2652\">\n<p data-start=\"2613\" data-end=\"2652\"><strong data-start=\"2613\" data-end=\"2650\">25% increase in site productivity<\/strong><\/p>\n<\/li>\n<li data-start=\"2653\" data-end=\"2707\">\n<p data-start=\"2655\" data-end=\"2707\"><strong data-start=\"2655\" data-end=\"2684\">70% faster response times<\/strong> to workplace incidents<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"2709\" data-end=\"2855\">These outcomes enable companies to <strong data-start=\"2744\" data-end=\"2772\">optimize insurance costs<\/strong>, boost accountability, and <strong data-start=\"2800\" data-end=\"2837\">drive data-backed decision-making<\/strong> across job sites.<\/p>\n<blockquote dir=\"ltr\" data-start=\"2857\" data-end=\"3260\">\n<p data-start=\"2859\" data-end=\"3260\"><strong data-start=\"2859\" data-end=\"2875\">Adam Grosser<\/strong>, Chairman and Managing Partner at UP.Partners, commented:<br data-start=\"2933\" data-end=\"2936\" \/><em data-start=\"2938\" data-end=\"3260\">\u201cWakeCap sits at the intersection of two powerful forces: the global surge in infrastructure investment and the digital transformation of construction. As governments and developers launch multi-billion-dollar projects, WakeCap provides the critical truth layer on the ground\u2014transparency, trust, and real-time insight.\u201d<\/em><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"3267\" data-end=\"3305\">Strategic Growth with Global Reach<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"3307\" data-end=\"3339\">The new funding will be used to:<\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\" data-start=\"3340\" data-end=\"3591\">\n<li data-start=\"3340\" data-end=\"3398\">\n<p data-start=\"3342\" data-end=\"3398\">Expand WakeCap\u2019s footprint in new and existing markets<\/p>\n<\/li>\n<li data-start=\"3399\" data-end=\"3450\">\n<p data-start=\"3401\" data-end=\"3450\">Enhance product capabilities through AI and IoT<\/p>\n<\/li>\n<li data-start=\"3451\" data-end=\"3523\">\n<p data-start=\"3453\" data-end=\"3523\">Deepen integrations with platforms like <strong data-start=\"3493\" data-end=\"3503\">Oracle<\/strong> and <strong data-start=\"3508\" data-end=\"3521\">OpenSpace<\/strong><\/p>\n<\/li>\n<li data-start=\"3524\" data-end=\"3591\">\n<p data-start=\"3526\" data-end=\"3591\">Grow engineering, product development, and customer success teams<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"3593\" data-end=\"3753\">WakeCap currently operates in <strong data-start=\"3623\" data-end=\"3639\">Saudi Arabia<\/strong>, the <strong data-start=\"3645\" data-end=\"3652\">UAE<\/strong>, <strong data-start=\"3654\" data-end=\"3663\">Japan<\/strong>, and the <strong data-start=\"3673\" data-end=\"3690\">United States<\/strong>, supported by a global team representing <strong data-start=\"3732\" data-end=\"3752\">34 nationalities<\/strong>.<\/p>\n<blockquote dir=\"ltr\" data-start=\"3755\" data-end=\"4110\">\n<p data-start=\"3757\" data-end=\"4110\"><strong data-start=\"3757\" data-end=\"3780\">Nabeel Nour Berhanu<\/strong>, Founding Partner at Graphene Ventures, said:<br data-start=\"3826\" data-end=\"3829\" \/><em data-start=\"3831\" data-end=\"4110\">\u201cWakeCap is the future of connected, intelligent construction. We&#8217;re proud to support a company that\u2019s leading digital transformation in one of the world\u2019s most essential industries\u2014backed by a robust platform, high-performance culture, and strong public-private partnerships.\u201d<\/em><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\" style=\"text-align: left;\" data-start=\"4117\" data-end=\"4173\">Bridging Silicon Valley Innovation with Saudi Vision<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\" data-start=\"4175\" data-end=\"4452\">Amid a <strong data-start=\"4182\" data-end=\"4228\">$1 trillion infrastructure investment wave<\/strong> in Saudi Arabia, WakeCap is emerging as a key player connecting <strong data-start=\"4293\" data-end=\"4352\">Silicon Valley innovation with local construction needs<\/strong>, redefining what\u2019s possible at the convergence of <strong data-start=\"4403\" data-end=\"4409\">AI<\/strong>, <strong data-start=\"4411\" data-end=\"4418\">IoT<\/strong>, and <strong data-start=\"4424\" data-end=\"4451\">industrial digitization<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WakeCap secured $28 million in Series A funding, led by UP.Partners, to expand its AI and IoT construction solutions. The company has recorded over 150 million worker hours across $80 billion worth of major global construction projects. The funding will support product enhancements, expansion into new markets, and team growth in engineering and customer success. [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":45476,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810,1772],"tags":[8300,4944],"class_list":["post-45480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","category-startups","tag-up-partners-en","tag-wakecap-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/45480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=45480"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/45480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/45476"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=45480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=45480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=45480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}