Nawy Raises $52M in Series A Funding for Real Estate Platform
Nawy, a real estate technology company based in Cairo, Egypt, recently secured $52M in Series A funding. The funding round was led by Partech and included participation from various investors such as e& Capital, March Capital Investments, and VentureSouq, among others.
Key Points from the Funding Round:
- Nawy plans to use the funds to scale operations in Egypt, expand into new markets in the MENA region, advance product development, and enhance AI and data infrastructure.
- Founded in 2019, Nawy offers a platform for buying, selling, investing, financing, and managing properties.
- The company’s product lines include Nawy Now, Nawy Shares, Nawy Unlocked, and Nawy Partners, catering to various aspects of the real estate market.
With this latest funding, Nawy aims to further establish its presence in the real estate industry and continue innovating its platform to provide a seamless experience for buyers, sellers, and investors.
