Egypt’s Nawy Raises $75M Series A to Scale Proptech Platform

Egyptian real estate technology startup Nawy, based in Cairo, has successfully raised $75 million through a combination of equity and debt financing. This significant funding will fuel the company's expansion across the Middle East and North Africa, representing one of the largest investment rounds seen in Egypt's real estate tech industry.

The funding round, supported by a diverse group of both regional and international investors, will enable Nawy to grow its presence in Saudi Arabia, the UAE, and other Gulf markets. It will also support investments in artificial intelligence-powered recommendation tools, digital financing options, and local sales teams. The structure of the funding round includes both equity investment and venture debt, a financing approach becoming increasingly common in the maturing technology ecosystem of the MENA region.

While the specific investors have not been publicly disclosed, the deal signifies growing confidence in Egypt's technological talent and startup infrastructure. According to an investor familiar with the transaction, "Nawy has developed a business model that effectively combines technology with a deep understanding of the market. They are well-positioned to revolutionize how homes are found, financed, and purchased throughout the region."

From Listings to Complete Transactions

Established in 2016, Nawy initially operated as a property search engine. It has since evolved into a comprehensive platform where users can browse property listings, compare prices, arrange financing, and finalize deals entirely online. The platform currently serves tens of thousands of users monthly in Egypt, with plans to double this number as it expands into new markets.

CEO: Emphasizing Buyer-Centric Platforms in MENA

"[Insert Name]," the CEO of Nawy, stated, "We are building our platform for the modern buyer—someone who values speed, transparency, and trust. This funding provides us with the resources needed to bring our model to more markets and to further develop our technology."

Growing Interest in Real Estate Tech in MENA

The proptech sector in the Middle East and North Africa is gaining traction, with digital platforms addressing long-standing challenges in property discovery, verification, and financing. Large-scale housing projects in Saudi Arabia as part of its Vision 2030 and the competitive property market in the UAE are attracting investor interest in scalable real estate technologies.