9900 Capital

The Flock leveled up 🐦 🔥 – Swap secures $40 Million Series B funding. This strengthens Swap's position as the leading e-commerce operating system (OS), offering cross-border, inventory and returns. Series B led by ICONIQ Growth, with participation from Cherry Ventures, QED Investors, and 9900 Capital. EXCLUSIVE via Business Insider: https://lnkd.in/e-Ui2_r3 Read more about our funding news: https://lnkd.in/e6tqvRB4

I’m thrilled to announce that BRKZ has successfully completed its $17M Series A, bringing our total funding to $22.5M! This funding includes $8M raised in the first tranche in December 2023 and an additional $8M in equity and $1M in venture debt closed in January 2025. This milestone comes at an exciting time as Saudi Arabia’s $3 trillion project pipeline accelerates under Vision 2030. Traditional construction procurement is fragmented and inefficient, often delaying projects and inflating costs. At BRKZ, we’re tackling this head-on with a tech-enabled marketplace and embedded financing solutions designed to streamline how contractors and suppliers interact. Some highlights from last year: ✅ 4x revenue growth in 2024 ✅ Over 850 contractors and factories served ✅ Expanded delivery network to 40+ cities in Saudi Arabia ✅ Processed $350M (SAR 1.3B) in RFQs ✅ Strong partnerships with flagship projects like Neom, King Salman Park, and the Red Sea Project This latest round includes contributions from an incredible group of investors: BECO Capital, Wa'ed Ventures, 9900 Capital, Better Tomorrow Ventures, RZM Investment, Class 5 Global, MISY Ventures, Knollwood Investment Advisory, Fluent Ventures, and $1M in venture debt from Capifly . None of this would have been possible without the dedication and hard work of our amazing team. Your relentless drive, passion, and commitment to transforming this industry inspire me every day—thank you for everything you do. This funding will help us: 🔹 Double down on tech development and enhance our BNPL financing tailored for construction cash flow cycles 🔹 Expand our operations into Northern and Southern regions of Saudi Arabia and global markets like China, India, and Turkey 🔹 Continue empowering contractors and suppliers with full transparency into procurement, production, and delivery To our investors, partners, and team—thank you for believing in our mission. Together, we’re transforming the construction industry in MENA. Learn more about our journey and what’s next: https://lnkd.in/dgcJjqjA Let’s build the future together! 💡 #ConstructionTech #SaudiVision2030 #SeriesAFunding #BRKZ

🚀 🚀 🚀 Excited to announce that we've raised $7.5M in a Series A funding round led by 9900 Capital, with participation from RAED Ventures, Wamda Capital and Gary Turner who previously led Xero EMEA. When we started Wafeq, our mission was to empower SMEs in the Middle East with localized accounting software that simplifies compliance with evolving regulations. Today, we are proud to support over 10,000 customers across the region and growing. A heartfelt thank you to our customers and partners who have believed in us from the start – this is just the beginning. Stay tuned for some exciting updates in 2025!

🎉 We are thrilled to announce the successful closing of our oversubscribed $114 million seed round, led by Lowercarbon Capital, followed by our existing investors 9900 and QED Investors with Fontes who doubled down. 🚀 On our path towards connecting 1 billion people to renewable energy, this marks a tremendous milestone. We want to accelerate the green energy transition by connecting the dots and leveraging synergies across the entire value chain. 🔋The funding will enable us to enhance our operating system designed for the renewable energy industry. The platform aims to streamline operations for stakeholders like installers, manufacturers, and energy providers by integrating software, finance, and energy management solutions. 🙏 We would like to take this opportunity to thank all of our supporters, customers, investors and amazing team members for making this ride exciting and impactful! Together we will make the energy transition reality. 🌟 Stay tuned for more - we are just getting started! 💚 Join us on this exciting journey to a sustainable future - we are currently hiring! Find a link to our open in the comments below. CC: Shawn Xu, Clay Dumas, Chris Corbishley, Alexandra Piedrahita, Rory Mounsey-Heysham, Yusuf Ozdalga, Carl Krass, Michael Sidgmore, David de Picciotto, Victoria van Lennep, Peder Broms, Valentin Gönczy, Jodok Betschart, Jan Niklas Steg, Konstantin Küstermann, Noa Aurelia Rosenfeld, Paul Wagenplast, Bezawit Berhan, Jacob Kofoet, Usama Hassan

The flock just got bigger 🐦 🔥 – Swap secures $9 million Series A to launch its global product. Series A led by QED Investors, with participation from Cherry Ventures, 9900, 2100 Ventures and Ed Hallen, co-founder of Klaviyo. Featured in: Vogue Business, The Wall Street Journal, PYMNTS, Fortune, and Axios Read more about our funding news: https://lnkd.in/eDFU3yTU