US EditionEgypt's Nawy Raises $75m Series a to Scale Proptech Platform
- Cairo-Based property technology company Nawy secured $75 million in a Series A funding round in 2025 to enhance and expand its real estate platform throughout Cairo and the broader region.
- Nawy was established in 2019 when Mostafa El Beltagy joined forces with partners to tackle inefficiencies and increase transparency within Egypt’s real estate market.
- Nawy's gross merchandise value has surged dramatically from $38 million in 2020 to more than $1.4 billion by 2024, driven in part by innovations such as fractional ownership and integrated financing solutions.
- El Beltagy stated the funding will advance product development and integrate AI across operations, with $23 million debt financing from Egypt's top banks backing innovation.
- The capital will support Nawy's regional expansion to Morocco, Saudi Arabia, and UAE, positioning it to compete with established regional players in a rapidly growing market.
13 Articles
13 Articles
Nawy Raises $75 Million to Expand Proptech Vision Across MENA
Nawy, a Cairo-based property technology startup, has raised USD 75 million (EGP 3.7 billion) in a Series A funding round, including USD 52 million (EGP 2.6 billion) in equity and USD 23 million (EGP 1.1 billion) in debt financing from Egypt’s largest banks. In 2019, frustrated by the challenges of navigating Egypt’s real estate market, where buyers had to rely on word of mouth, commission-driven brokers, and developer-focused sales tactics, M…
TechCrunch
technewstube.comEgypt’s Nawy, the largest proptech in Africa, lands a $52M Series A to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven
With A USD 75 M Raise, Egypt's Nawy Chases Ambitious Proptech Makeover
Egypt’s Nawy has raised a USD 52 M Series A equity round, one of the largest for an African proptech startup, alongside an additional USD 23 M in debt financing, as it positions itself to reinvent how real estate works across the Middle East and North Africa. The round, led by Partech with backing from e& Capital, March Capital, DPI via Nclude, VKAV, and Shorooq, is a major endorsement of Nawy’s full-stack model, which blends listings, embedded …
Nawy Raises $75 million to Redefine Real Estate Across MENA - Innovation Village | Technology, Product Reviews, Business
Egypt’s proptech giant Nawy has secured a combined $75 million in Series A equity and debt financing, setting a new benchmark for real estate innovation in the Middle East and North Africa (MENA). The funding, comprising $52 million in equity led by Partech and $23 million in debt from major Egyptian banks, underscores Nawy’s rapid ascent as Africa’s most valuable and fastest-growing real estate technology platform. Founded in 2019 by Mostafa El…
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