Riyadh - Mubasher: Saudi-based Jozo has raised SAR 8.30 million ($2.21 million) in a seed round, led by Sheikh Hamad bin Saedan Real Estate Company as a strategic partner, according to a press release.
The startup will use the fresh capital to support technology development and operational scaling, strengthening its position within the Kingdom’s evolving digital real estate investment ecosystem.
Founded in 2024 by Turki Al Shlail and Fahad Almansour, Jozo specializes in real estate tokenization, developing technology solutions that enable the digital representation and fractional ownership of property assets within Saudi regulatory framework.
The company has already achieved an early milestone by issuing a tokenized real estate deed through the private sector.
