Immensa, a Saudi-based deep industrial technology company, has announced a new investment in a growth funding round. The round was co-led by the Dubai Future District Fund (DFDF) and Global Ventures, with participation from existing investors.
This new capital injection is earmarked to support the company’s ambitious global expansion plans, further develop its digital platform for industrial spare parts, and enhance advanced manufacturing capabilities within the UAE.
Disrupting Industrial Supply Chains
Immensa operates a proprietary digital platform that empowers industrial operators, particularly in the oil, gas, and energy sectors, to shift away from traditional physical inventory. The company facilitates the digitization of spare parts, allowing them to be produced on-demand through an international network of advanced manufacturing facilities, including 3D printing.
This innovative model significantly reduces warehousing costs, minimizes lead times, and introduces a new level of flexibility and resilience into industrial supply chains.
Fueling Global and Regional Growth
The investment will enable Immensa to expand its digital parts library, grow its network of manufacturing partners, and scale the application of its platform on a global stage. The company’s focus on bolstering advanced manufacturing in the UAE also aligns with the nation’s strategic goals to become a hub for industrial innovation.
This growth round builds on previous momentum, including a successful $7 million Series A fundraise in 2022, and underscores continued confidence from both new and existing investment partners in Immensa’s vision.
About Immensa
Founded in 2016, Immensa is a leader in the digital warehousing and on-demand manufacturing of industrial spare parts. The company’s platform provides a comprehensive solution for digitizing, storing, and producing parts, helping clients in sectors like oil and gas, energy, and utilities to streamline operations, reduce costs, and improve supply chain efficiency.
Source: Jawlah
