Transaction Summary
Nawy Real Estate (Nawy), an Egyptian property technology platform, raised $75 million through Series A equity and debt financing. The $52 million Series A round was led by Partech Africa and supported by a consortium of investors including e& Capital (the VC arm of e& Group), March Capital, Verod-Kepple Africa Ventures (VKAV), Development Partners International’s Nclude Fund, Shorooq Partners, VentureSouq, Endeavor Catalyst, Outliers VC, HOF Capital, and Plug and Play Tech Center. Additionally, Nawy secured $23 million in debt financing from some of Egypt’s largest banks and financial institutions. Nawy, founded in 2019 and headquartered in Cairo, operates as a full-stack real estate ecosystem offering property listings, brokerage services, and innovative mortgage financing products like ‘Nawy Now’. The funds raised will be used to scale Nawy’s operations across North Africa, enhance its AI-driven tech stack, and expand into new markets, including Morocco. The investment was made through Nclude Innovation Fund
