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Birdnest, a leading Egyptian proptech startup, has successfully secured pre-Series A funding to drive its expansion into new markets and enhance its operations in Egypt. The funding round featured significant contributions from Beltone Venture Capital and CI Venture Capital, among other investors.

While the exact amount of funding remains undisclosed, it was confirmed that the investment involved a 20 percent equity stake in Birdnest. The newly acquired funds will be used to advance Birdnest’s technology, recruit high-quality regional talent, and launch aggressive marketing campaigns.

Founded in 2020 by Mostafa El-Nahawy and Ahmed Fadda, Birdnest specializes in innovative furnishing services and rental management solutions aimed at maximizing earnings for real estate investors while offering significant value to tenants. This fresh injection of capital will support Birdnest’s ambitious plans for growth and innovation in the real estate sector.

El-Nahawy highlighted the strategic significance of their partnership with Beltone Venture Capital: “Our collaboration with Beltone Venture Capital, which has a strong foundation in investment banking, provides us with much more than financial support. It offers the strategic financial infrastructure necessary for our next stage of growth.”

Ali Mokhtar, CEO of Beltone Venture Capital, expressed his enthusiasm for supporting Birdnest’s vision: “Birdnest has demonstrated robust operational performance and, with its ambitious expansion plans, is well-positioned to become the leading proptech company in the region.”

Birdnest plans to strategically allocate the new capital to expand its operations across major regional markets, including Athens, Dubai, and Riyadh, while significantly increasing its local presence in Egypt. This expansion marks a significant step forward for Birdnest in its mission to lead and innovate within the MENA real estate market.