Riyadh - Sharikat Mubasher: The Saudi-based construction technology startup Meda successfully closed an undisclosed seed funding round, backed by several angel investors.

Meda will use the funding to expand its operations and strengthen strategic partnerships with suppliers and real estate developers, the company announced in a recent press release.

This investment will also accelerate Meda’s growth across various regions in the Kingdom.

Meda’s innovative application aims to simplify the sourcing of building materials in the Middle East and North Africa (MENA) region, allowing users to browse and compare prices for a wide range of construction materials and enhancing the efficiency of the procurement process.