Riyadh - Sharikat Mubasher: The Saudi-based construction technology (contech) startup, WakeCap, secured $28 million in a funding round at the Saudi-US Investment Forum 2025.

This funding will support the WakeCap’s efforts to expand its services and enhance its technologies to improve safety and productivity at construction sites, the company announced in a statement yesterday.

The Saudi startup will also use the investment to bolster its growth and ability to provide advanced data analytics and digital integration in the construction sector.

WakeCap specializes in developing wearable technology solutions that enable contractors and project managers to monitor workers and field operations in real-time, helping to reduce risks and improve operational efficiency on large-scale construction projects.

With the new funding, WakeCap aims to expand operations within Saudi Arabia and across regional and international markets.

Founded in 2017 by Hassan Albalawi and Ishita Sood, WakeCap offers innovative solutions to enhance safety standards and operational efficiency, positioning itself at the forefront of the digital transformation of the construction industry.