Project Suppliers raises $1 million to build AI cash-flow tools

Saudi startup Project Suppliers has raised $1 million in pre-seed funding from unnamed angel investors. Its existing platform helps contractors and suppliers find one another, request quotes, and manage procurement—a process that creates useful records of what is being ordered and when. The company says it will use that operating data to build AI-assisted cash-flow tools for construction suppliers and contractors, aiming to flag funding needs and reduce the lag between delivering materials and getting paid. That is an important expansion: rather than only making sourcing easier, Project Suppliers is trying to turn transaction data into financial decision tools for an industry where late payments can strain smaller firms.