PACTUM Secures $50M in Series C Funding to Power Innovation Across the Energy Sector

PACTUM, a leading Saudi-based company offering multidisciplinary services to the energy sector, is proud to announce that it has successfully raised $50,000,000 to drive its next phase of growth and expansion. This significant funding milestone reinforces PACTUM’s commitment to revolutionizing the electric, construction, and both upstream and downstream oil and gas sectors. With the newly acquired capital, the company is set to expand its expansive portfolio that includes supplying essential energy equipment and providing an array of specialized technical services. The funds will be strategically allocated to bolster research and development efforts, upgrade existing technological infrastructure, and broaden the range of holistic supply services, ensuring that project partners receive a complete suite of equipment, parts, accessories, and support to meet the dynamic demands of energy-related projects. This investment demonstrates strong confidence from key stakeholders and the market, highlighting PACTUM’s robust track record and proven expertise in managing complex and integrated energy solutions. The funding will also enable the company to explore new business opportunities by tapping into emerging markets and innovative technologies, while maintaining its commitment to safety, quality, and operational excellence. As PACTUM continues to evolve and respond to the ever-changing needs of the energy sector, this capital influx positions the company to not only enhance its service capabilities but also to contribute to the sustainable development of the broader energy landscape. In an industry that is constantly evolving, PACTUM’s strategic investments will pave the way for long-term growth and ensure that the company remains at the forefront of energy innovation and technical proficiency.