Egypt-based proptech, Nawy, raised $52 million in a Series A equity round led by Partech, with backing from e& ..Read More

Egypt-based proptech, Nawy, raised $52 million in a Series A equity round led by Partech, with backing from e& Capital, March Capital, VKAV, DPI via Nclude, and others. It also secured $23 million in debt from major Egyptian banks to support its mortgage offering, Nawy Now. The funding was allocated to expand across MENA, upgrade its AI tech stack, and launch new verticals.
Read Less

• Proptech

UAE-based proptech and fintech platform, Rentify, secured $500,000 in funding from undisclosed investors. Foun ..Read More

UAE-based proptech and fintech platform, Rentify, secured $500,000 in funding from undisclosed investors. Founded in 2025 by Rashed Hareb and Rajneel Kumar, Rentify enables tenants to manage rental instalments with landlords. The investment was aimed at accelerating the platform’s growth, enhancing its technology, and onboarding additional properties, with $408 million worth of rental property already signed up.
Read Less

• Fintech
• Proptech

Saudi Arabia-based proptech startup, Ajras, secured a $1.5 million pre-Series A funding round led by Veda Hold ..Read More

Saudi Arabia-based proptech startup, Ajras, secured a $1.5 million pre-Series A funding round led by Veda Holding. Previously, the startup raised SAR 105.05 million in a seed round in November 2023, led by Madarek International. The investment will support Ajras in expanding its financing solutions for rent payments in commercial and industrial sectors.
Read Less

• Proptech

UAE-based proptech, Silkhaus, secured a seven-figure growth round, led by Nuwa Capital and Oraseya Capital, wi ..Read More

UAE-based proptech, Silkhaus, secured a seven-figure growth round, led by Nuwa Capital and Oraseya Capital, with participation from Impulse International, Yuj Ventures, Nordstar, and other family offices. Founded in 2021 by Aahan Bhojani, Silkhaus operates a marketplace for short-term rentals. The investment will drive its expansion into Saudi Arabia. Previously, the company closed a multi-million-dollar pre-Series A round from Partners for Growth (PFG).
Read Less

• Proptech

Saudi Arabia-based proptech Rize secured $35 million in a Series A funding round, comprising a mix of equity a ..Read More

Saudi Arabia-based proptech Rize secured $35 million in a Series A funding round, comprising a mix of equity and debt. The round was led by Raed Ventures, with additional participation from SEEDRA Ventures through its second fund, Aqar Platform, JOA Capital, NAMA Ventures, and HALA Ventures. Founded in 2021 by Ibrahim Balilah and Mohammed AlFraihi, Rize employs a rent-now-pay-later model, enabling tenants to pay rent in flexible monthly instalments. The investment was directed toward accelerating growth and enhancing tech solutions for tenants and property owners.
Read Less

• Proptech

Nawy, Egypt’s leading proptech platform, completed the acquisition of ROA, a company known for its innovativ ..Read More

Nawy, Egypt’s leading proptech platform, completed the acquisition of ROA, a company known for its innovative property management solutions. This strategic move laid the foundation for the launch of Nawy Unlocked, a service aimed at enabling property owners to generate income from underutilized or unfinished properties with ease.
Read Less

• Proptech

UAE-based venture capital firm, Iliad Partners announced the launch and first close of its $50 million Iliad P ..Read More

UAE-based venture capital firm, Iliad Partners announced the launch and first close of its $50 million Iliad Partners Tech Ventures Fund I, backed by Jada Fund of Funds (a PIF company), the Olayan Family, and Masarrah Investment Company. The fund targeted early-stage B2B tech startups in the MENA region, with a focus on Saudi Arabia and the UAE, and verticals such as fintech, logistics, and proptech. It made its debut with investments in regional startups OTO, Penny, and Qashio.
Read Less

• Fintech
• Logistics
• Proptech
• Startups

Saudi Arabia-based proptech, Ayen acquired Egyptian construction tech platform, Elmawkaa in a SAR seven-figure ..Read More

Saudi Arabia-based proptech, Ayen acquired Egyptian construction tech platform, Elmawkaa in a SAR seven-figure deal. The acquisition will integrate Elmawkaa’s construction materials marketplace into Ayen’s property evaluation platform, enhancing its offerings for real estate clients. This strategic move positions Ayen for expansion into GCC markets, supporting its growth trajectory and broadening its services across private and public sectors.
Read Less

• Contech
• Proptech