Riyadh-based construction tech startup Builtop raised USD 11 mn in a seed funding round, it said on LinkedIn. The round was led by TAM Capital alongside a group of unnamed strategic investors.

Where will the money go? Builtop plans to use the funding to expand its digital procurement platform across the Kingdom, enhance its trade finance capabilities in collaboration with financing partners, and accelerate the development of new products to support large-scale construction projects, Jawlah reports.

About Builtop: Founded in 2024 by Ayman Aljohani (LinkedIn), Builtop provides a digital procurement and financing platform for the construction sector. The platform digitizes purchasing processes, integrates trade finance solutions, and aims to help contractors complete housing and infrastructure projects faster and more efficiently, reducing delays caused by manual procurement and cashflow cycles.

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