Cairo-based proptech startup Nawy has secured $75 million in a combined equity and debt funding round, marking one of the largest investments in Egypt’s real estate technology sector. The capital will fuel Nawy’s expansion into Saudi Arabia, the UAE, and other Gulf markets, while also supporting advancements in AI-driven recommendation tools, digital financing, and on-ground sales operations.
The funding round, backed by regional and global investors whose identities remain undisclosed, reflects growing confidence in Egypt’s technology talent and startup ecosystem. An investor familiar with the deal praised Nawy’s model for blending technology with deep market expertise, positioning it to transform the regional home-buying experience.
Founded in 2016 as a property search engine, Nawy has evolved into a comprehensive platform offering listings, price comparisons, financing options, and complete online transaction capabilities. The platform currently serves tens of thousands of monthly users in Egypt, with plans to double its user base as it enters new markets.
Nawy’s CEO emphasized the startup’s focus on catering to modern buyers seeking speed, transparency, and trust. The fresh funding will empower the company to scale its model regionally and enhance its technological offerings.
The MENA proptech sector is heating up as digital platforms tackle legacy challenges in home discovery, verification, and financing. Large-scale housing projects aligned with Saudi Arabia’s Vision 2030 and the competitive property markets in the UAE continue to attract investor interest.
With this funding, Nawy joins other ambitious Egyptian startups like MaxAB, MoneyFellows, and Khazna, expanding beyond local markets into the Gulf region where digital adoption and investment capital are on the rise.
