202120 Sep

French construction tech platform Saqara raises £7.6M to expand in UK

Summary

Saqara will use the investment to accelerate its international expansion into Germany, Netherlands, UK and southern Europe and broaden its product suite and platform. This financing round will be indispensable to our goal to continuously innovate and develop our products and to offer our current and future clients an unrivalled quality of service and user experience that will fully meet their expectations. Saqara is the leading European ConTech platform for bid management process and we are excited about the new products currently under development which will help further revolutionise the construction industry going forward.” Gabbi Cahane, partner at Activum SG said: “From the outset it was clear that Alexandre and Thomas had the perfect combination of domain expertise, technical savvy and outrageous ambition to build something genuinely transformative for the construction industry. The company plays a major role in digitising bid management, which minimises admin, reduces costs, and drives efficiencies and transparency across procurement. Environmental concerns are increasingly playing into decision-making within the real estate industry and a single centralised platform will enhance visibility over the entire supply chain and allow developers to track material sourcing and their carbon footprint.

Source: Uktech

Funding

$10.54M
Amount
Sep 20 2021
Date
-
Investor
Saqara
Company

Classifications

Companies