WakeCap Acquires Trackfy to Expand Global Construction Tech Footprint

WakeCap, the Saudi-based construction tech firm known for using smart sensors to monitor workforce productivity and safety, has just stepped further onto the global stage by acquiring Trackfy, a Brazilian platform specialising in operational tracking and worker safety for industrial environments. Quite the move, I reckon, for a company already playing in some of the world’s most complex building and oil projects.

The deal signals WakeCap’s growing appetite for global expansion, especially as Saudi Arabia pours nearly $1 trillion into construction and urban development under Vision 2030. That’s no small change. The acquisition gives WakeCap a fresh foothold in Latin America, with Brazil serving as its new regional headquarters. But more than geography, it’s about reach—offering clients not only tech for the build phase but also smart tools for day-to-day operations once those gleaming industrial sites are up and running.

Dr Hassan Albalawi, WakeCap’s Co-Founder and CEO, said the merger perfectly aligns with the company’s goal of making job sites safer and smarter. He described how WakeCap’s real-time data has transformed construction management, adding that combining forces with Trackfy will deepen the insights and efficiency they can deliver. On his part, Trackfy’s CEO, Tulio Cerviño, noted that the partnership allows both companies to scale their technology faster and serve clients throughout an entire facility’s lifecycle—a shared vision for global industrial intelligence, he called it.

Now, some might see this as a bold gamble, diving into new markets outside the Gulf, but in many ways, it’s spot on. The synergy between WakeCap’s large-scale project control systems and Trackfy’s industrial expertise could prove invaluable. After all, data’s quickly becoming the currency of progress in infrastructure.

WakeCap’s already logged over 150 million labour hours using its tech, monitoring activity across $120 billion worth of projects worldwide—from NEOM and King Salman Park to sites in the US, Japan and, now, Brazil. Their system brings safety, accountability, and much-needed visibility to worksites that can sometimes feel like chaos on a good day.

I remember chatting once with a young Saudi founder at an Arageek event who said, “Innovation’s good, but execution’s what builds nations.” That line stuck with me. It’s exactly what WakeCap seems to be doing—bridging Silicon Valley-style tech thinking with the ambition and urgency of Gulf development. And while integrating two teams across such different cultures will be, well… a bit of a faff, the potential payoff’s huge.

So yes, WakeCap’s move isn’t just about buying a company. It’s about building global standards for safety and smart construction—a mission that’s becoming more crucial as our cities grow taller and our worksites busier. And if they pull this off, they’ll definately have set a new precedent for how MENA startups can lead beyond their borders.

🚀 Got exciting news to share?

If you're a startup founder, VC, or PR agency with big updates—funding rounds, product launches 📢, or company milestones 🎉 — AraGeek English wants to hear from you!

✉️ Send Us Your Story 👇

https://en.arageek.com/send-us-your-story-or-a-news-tip