Oryx Fund

Barq is a logistics service provider that specializes in rapid delivery solutions for various industries, including e-commerce, food, and groceries. Utilizing advanced delivery technologies and an artificial intelligence system, Barq offers efficient order fulfillment, enabling deliveries as fast as 15 minutes to same-day service. The company transforms retail outlets into micro-fulfillment centers, allowing orders to be dispatched from the nearest location, thereby enhancing delivery speed and convenience. Barq caters to different business needs by providing multiple delivery options, including four-hour, same-day, or next-day services for warehouses and fulfillment centers. Restaurants and food aggregators benefit from a streamlined delivery process, typically receiving orders within 30 to 45 minutes, while incurring only a delivery fee.

Penny Software, founded in 2020 and based in Riyadh, Saudi Arabia, specializes in developing a cloud-based procure-to-pay system known as Penny. This platform streamlines the entire procurement process, enabling organizations to digitize and manage their procurement cycle from request to approval. Key features of Penny include an action-driven dashboard, budget tracking, customizable reporting, a product comparison tool, and a structured timeline. The system is designed to simplify procurement activities, allowing users to manage requests for quotations, compare vendor offers, issue purchase orders, and process payments efficiently. Penny Software caters primarily to mid-sized enterprises, offering a modular and customizable solution that supports both private and public marketplaces, as well as procurement shared services.