Tech Company Financing Transactions
Immensa Funding Round
Immensa, operating out of Dammam, secured $20 million from Endeavor Catalyst, Edgo and Energy Capital Partners.
Transaction Overview
Company Name
Announced On
11/29/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
Immensa says the funds secured will propel it from a regional entity to a prominent global solutions provider as it aims to construct the largest digital warehouse in the energy sector.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Industrial Area No 1,
Dammam, 34241
Saudi Arabia
Dammam, 34241
Saudi Arabia
Phone
Website
Email Address
Overview
Provider of digital inventory services intended for global oil and energy sectors. The company specializes in creating three-dimensional printing strategies, rapid prototyping, and identifying and qualifying new materials for parts and reverse engineering among others, providing clients with an effective, efficient, and financially viable transition to digital warehousing while economically leveraging additive manufacturing technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fahmi Al-Shawwa
Chief Operating Officer
Sary Diab
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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