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

Egyptian startup Simplex secured $13 million in funding from Saudi Arabia's National Industrial Development Center to build a CNC machine factory on a 20,000-square-meter site in Riyadh. The factory is planned to start operating in the first quarter of 2026.

- Type: New facility
- Announced: 2025-01-30
- Where: Riyadh, Saudi Arabia
- Value: $13.0M
- Starts operating: Q1 2026
- Status: announced
- Products: CNC machines, routers, lasers, plasma cutters, fiber lasers, folding machines, scissors, milling machines, gasket injection systems, plastering machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Simplex](https://endata.com/companies/82659.md)
- [National Industrial Development Center](https://endata.com/companies/82660.md) (investor)

## Sources

- [forbesmiddleeast.com](https://www.forbesmiddleeast.com/innovation/startups/egyptian-startup-simplex-bags-%2413m-in-funding-to-build-a-cnc-factory-in-saudi-arabia), 2025-01-30: "The new fundraising will be used to establish a factory on a 20,000-square-meter site in Riyadh to produce advanced CNC machines, the company said."
- [zawya.com](https://www.zawya.com/en/business/investment/egyptian-startup-simplex-raises-13mln-investment-to-build-cnc-factory-in-saudi-arabia-ow34o3tc), 2025-02-03: "Simplex, an Egypt-based startup in the field of computer numerical control (CNC) machine manufacturing, secured $13 million to open a factory on a 20,000 square-metre site in Riyadh."

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