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Riyadh-based construction-tech startup Fitting closed its second seed investment round at $1.1 million on August 9, 2026, backed by a strategic investor from the contracting and real estate development sector — a deliberate choice of backer whose industry experience, CEO Mohammed Al-Mubayed says, is worth as much as the capital itself.
The raise lands as Saudi Arabia’s construction market is worth $142.3 billion in 2026 and expanding at a 5.52% compound annual rate through 2031, according to Mordor Intelligence. The sector remains heavily…