# Simplex to build $13M CNC machine factory in Riyadh

Egyptian deeptech company Simplex CNC has announced plans to build a $13 million factory in Riyadh, Saudi Arabia, to manufacture CNC machines. The factory will be built on a 20,000 square metre site and is expected to begin operations in Q1 2026.

- Type: New facility
- Announced: 2025-01-30
- Where: Riyadh, Saudi Arabia
- Value: $13.0M
- Starts operating: Q1 2026
- Status: announced
- Products: CNC machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Simplex CNC](https://endata.com/companies/82655.md)

## Sources

- [launchbaseafrica.com](https://launchbaseafrica.com/2025/01/30/backed-by-new-13m-egypts-simplex-is-building-a-major-cnc-factory-in-riyadh/), 2025-01-30: "This factory represents an important step in our expansion into regional and global markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.