Egyptian Startup Nawy Raises Seed Round Funding

2 months ago 246

Nawy, a proptech startup based in Cairo, has raised a seven-figure seed round lead by the Sawiris family office, with Hatem Dowidar and other angel investors participating. The newly acquired investment will enable Nawy to bolster its technology, diversify its services, and expand its team to serve more areas across Egypt. 

The startup offers a comprehensive real estate end-to-end platform that allows consumers to search through thousands of properties and directs them toward their ideal home. Nawy makes a user’s journey easier by allowing them to conduct detailed searches using unique parameters such as unit size, price, location, and more. Users can also throw a broader net and then narrow it down.

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