Saudi-based WakeCap acquires Silicon Valley startup Crews by Core

• Aims to create a suite of hardware and software tools to increase job site safety, productivity and profitability.

Saudi-based IoT platform for construction project management – WakeCap – has acquired an AI-powered project delivery platform for the construction industry – Crews by Core – to create a suite of hardware and software tools to increase job site safety, productivity and profitability.

The two companies’ technologies are already deployed across large sites and megaprojects in the US, Saudi Arabia, UAE, and Japan.

Through the transaction, WakeCap will open an R&D headquarters inSilicon Valley to solidify its position as a global construction tech leader.

Construction tech

“Hassan Albalawi has built a rocketship. It’s rare to see so much traction in construction tech, let alone any tech startup, and we’re excited to accelerate our mission with this partnership,” Di-Ann Eisnor, CEO and founder of Crews by Core, said.

“Saudi Arabia has some of the largest projects anywhere in the world and it’s the perfect place to deploy our project delivery platform.”

 “Di-Ann’s team has incredible knowledge and deep technical skill. We’re thrilled to bring the two companies together,” Dr. Hassan Albalawi, CEO and Founder of WakeCap, said.

Crews by Core has built some of the most important companies in Silicon Valley including Paypal, Waze, Google Chrome, and Palantir.