WakeCap, a platform specializing in sensor-powered project intelligence for the construction and oil and gas sectors, has successfully closed a US$28 million Series A funding round. This funding was led by UP.Partners, with additional participation from Graphene Ventures and various strategic investors from the United States, Saudi Arabia, and Asia.

The company aims to revolutionize construction management by providing live, site-wide visibility into workforce safety, productivity, and project progress. WakeCap’s technology has already tracked over 150 million labor hours and is deployed across more than US$80 billion in active projects, which include high-profile initiatives such as Aramco, NEOM, Qiddiya, and King Salman Park, along with global projects in the UAE, US, and Japan.

Dr. Hassan Albalawi, CEO and Founder of WakeCap, emphasized the importance of real-time jobsite data for effective project controls. He stated that the new funding would support the company’s growth, enhance customer value through better insights and reporting, and improve operational efficiency. The capital will also facilitate deeper integrations with key partners like Oracle and OpenSpace, contributing to safer job sites and more informed business decisions.

WakeCap’s system combines robust hardware and enterprise software to provide live project intelligence, covering aspects from worker access to safety alerts. The platform has achieved a remarkable 91% reduction in safety issues, a 25% increase in productivity, and a 70% improvement in incident response times.

Adam Grosser, Chairman and Managing Partner at UP.Partners, noted WakeCap’s strategic position at the nexus of global infrastructure investment and construction digitization. He expressed excitement about supporting the company as it scales internationally and leads the transformation of the construction industry.

The company’s expansion aligns with a growing trend of technological collaboration between the United States and Saudi Arabia. WakeCap is recognized as one of the first startups from Saudi Arabia to successfully integrate with a Silicon Valley tech company. Currently, it operates across multiple regions, including Saudi Arabia, the UAE, Japan, and the U.S., and boasts a diverse team representing 34 nationalities.

Nabil Borhanu, Founder and Managing Partner at Graphene Ventures, highlighted WakeCap’s potential to shape the future of construction through its intelligent and connected platform. The new funding will facilitate WakeCap’s growth into existing and new markets, enhance its product offerings, and expand industry integrations.

As global infrastructure investment reaches unprecedented levels, with Saudi Arabia alone committing nearly $1 trillion to construction and urban development, WakeCap is positioned to bridge Silicon Valley innovations with large-scale delivery in the region. This unique position allows the company to leverage advancements in AI, IoT, and industrial transformation effectively.

WakeCap is transforming complex construction projects by turning live jobsite data into actionable insights that enhance safety, productivity, and risk management. With its proven track record and partnerships with major players like Aramco and NEOM, WakeCap is paving the way for a smarter and more transparent construction industry. Learn more at www.wakecap.com.