Proptech Saudi Arabia Core Vision Investment led ARKTECH’s $1 million pre-seed investment round, which was successfully closed. With this investment, ARKTECH will solidify its position as the top utility contract trading platform and broaden its offerings to include cutting-edge, technologically enabled investment options.
On this occasion, Mr. Waheed Al Jassas, founder and CEO of ARK, expressed that “this investment, especially in the field of utility contracts, will enhance the concept of saving, investing and hedging against inflation. It also provides innovative and reliable solutions in property technology (proptech), ensuring the achievement of lucrative returns in a safe and reliable environment for all transactions”.
Considering the size of the real estate investment and utility contracts market, Mr. Faisal Abdul Salam, CEO of Core Vision Investment, expressed his confidence in the company’s business concept to improve the investment landscape in the Kingdom’s utility contracts trading. He also praised the team’s talent and expertise in creating proptech solutions that satisfy customer needs.
