What is Immensa?
Headquartered in Dammam, Saudi Arabia, Immensa specializes in leveraging additive manufacturing (AM) to digitize physical spare parts, creating a virtual warehousing system. Their proprietary Digital Inventory Service offers an end-to-end solution for organizations transitioning to digital warehousing, powered by a global Manufacturing-as-a-Service (MaaS) network. This innovative approach addresses the inefficiencies of traditional physical spare parts storage.
How much funding has Immensa raised?
Immensa has raised a total of $7M across 1 funding round:
Series A
$7M
Series A (2021): $7M with participation from Energy Capital Group, Al Turki Ventures, and Shorooq Partners
Key Investors in Immensa
Energy Capital Group
Energy Capital Group is an investor in the energy sector, likely focusing on companies that are innovating within traditional energy markets or transitioning to new energy solutions.
Al Turki Ventures
Al Turki Ventures is a venture capital firm that supports promising companies, likely with a focus on regional economic development and technological advancement.
Shorooq Partners
Shorooq Partners is a leading alternative investments manager based in the MENA region, focusing on venture capital and private credit. The company partners with visionary founders across various sectors, providing investment and management expertise to fuel their growth. With a diverse portfolio of over 100 companies, Shorooq aims to create multi-asset, multi-strategy opportunities for its investors, including sovereign wealth funds and family offices. Their mission is to support innovation and entrepreneurship in growth markets, leveraging both local insights and global experience.
What's next for Immensa?
The substantial enterprise-level funding positions Immensa for accelerated growth and market expansion. This strategic backing is expected to fuel further development of their Digital Warehousing Solution and enhance their MaaS network capabilities. Immensa is poised to lead the digital transformation of spare parts management across various industries, capitalizing on the increasing demand for agile and efficient supply chain solutions.
See full Immensa company page
