WakeCap Technologies Inc.: WakeCap Raises US$28 Million Series A To Scale Sensor-Powered Project Controls for Global Construction
Summary
RIYADH, SAUDI ARABIA AND SAN FRANCISCO, CA / ACCESS Newswire / May 13, 2025 / WakeCap, the sensor-powered project intelligence and controls platform trusted by the worlds most ambitious construction and oil and gas programs, today announced the close of its US$28 million Series A round. The round was led by , with participation from and strategic investors across the U.S., Saudi Arabia, and Asia.WakeCap transforms how construction projects are managed through live, site-wide visibility across workforce, safety, productivity, and progress. "Combining rugged hardware and enterprise-ready software, WakeCap delivers live project intelligence - from worker access and equipment utilization to safety alerts and progress tracking - all without disrupting jobsite workflows. Today, the company operates across Saudi Arabia, the UAE, Japan, and the U.S., supported by a team representing 34 nationalities.The new capital will be used to scale WakeCaps presence across existing and new markets, deepen its product capabilities, and expand integrations with key industry platforms. Deployed across $80B+ in active projects and over 100 million worker hours, WakeCap transforms live jobsite data into actionable insights to improve safety, productivity, and risk management.