Funding and Investment Roundup: BProperty, Nawy, Jitty, Martello, Rentsync, ALCUBO

This week's Funding and Investment roundup is flush with some big partnerships and a $75 million round in Egypt...

MENA: BProperty and Rupayan Group merge

AIM Group has reported that Bangladesh's leading portal, BProperty, has received a 'sizable' investment from Rupayan Group, the country's largest development and real estate conglomerate.

A press release said the partnership is "an unbreakable optimism about the future of Bangladesh".

Mark Nosworthy, CEO at BProperty, said:

"Rupayan’s investment allows us to reach more people, operate faster, and establish confidence at every stage of the property cycle. We’re committed to creating a more open and transparent property market in Bangladesh."

Rupayan Group chairman Liaquat Ali Khan Mukul called the collaboration a significant step forward for the entire real estate ecosystem. “Secondary apartment and land sellers will see more robust buyer reach, faster transactions, and simpler pricing; all driven by BProperty’s technology platform,” he said.

He added that landowners will gain access to high-profile developments while buyers will benefit from secure, digitally authenticated transactions that provide peace of mind.

Bproperty.com is Bangladesh's biggest real estate marketplace. The firm was founded in 2016 and was acquired by the Digital Classifieds Group (DCG) in January 2023.

DCG is currently in administration.

Nawy raises $75 million in debt and equity funding

Egyptian proptech startup Nawy has raised $75 million in funding to support its regional expansion and drive product innovation, including new AI-powered tools aimed at modernising the real estate market across the Middle East and North Africa.

The funding round includes $52 million in Series A equity and $23 million in debt. Global venture firm Partech led the round.

Nawy operates a property search portal backed by a growing suite of real estate services. Its core offerings include a licensed mortgage product with a deferred payment option known as “Move Now, Pay Later,” a newly launched fractional ownership model for off-plan units, and Nawy Unlocked, a property management service created following its early 2025 acquisition of ROA.

Nawy plans to use the capital to scale its platform in Egypt and expand into new MENA markets while deepening its service offering for both consumers and professionals.

Mostafa El-Beltagy, CEO at Nawy, said:

“This investment is a major leap forward — fueling our expansion, accelerating the transformation of our products using AI and starting our mission to reinvent how real estate works across MENA and beyond."

The company also serves over 3,000 real estate brokers with access to live market inventory, sales automation tools, and direct connections to developers. In 2024, Nawy reported more than 1 million monthly users and said it surpassed $1.4 billion in gross merchandise value — figures that underscore both the platform’s traction and the size of the opportunity in Egypt’s growing digital property sector.

Nawy was founded in 2019.

United Kingdom: Jitty partners up with Nested

UK-based property tech startup Jitty has announced a new partnership with estate agency Nested, giving buyers improved access to property listings and reinforcing the growing role of AI in real estate discovery.

Jitty uses large language models, computer vision, and natural language search to offer a visually rich, intuitive platform for browsing homes. In its first 18 months, the startup has handled nearly 250,000 property searches.

Nested empowers self-employed agents to grow their businesses while delivering a five-star service to home-movers. Agents do not earn a salary, and only get paid proportionate to a property's selling price.

The tie-up with Nested means buyers will now have instant access to the agent’s inventory, while agents on the Nested platform will benefit from broader exposure and integrated marketing tools on Jitty. Listings will appear with real-time updates, and partner agents can offer features like in-app valuation, bookings and branding enhancements.

Graham Paterson, CEO at Jitty, said:

"Nested is consistently at the forefront of innovating in the property market. Their vision and commitment to empowering estate agents aligns perfectly with Jitty’s mission to improve the home buying experience."

Nested CEO Alice Bullard said:

"Jitty is redefining how people discover and purchase homes. By partnering, we’re making it easier for buyers to explore our listings and empowering our agents with even greater exposure."

The collaboration is part of Jitty’s wider rollout across the UK. In addition to Nested, the platform is also working with several other independent estate agencies, including Meyers in Dorset, Boardwalk in Bristol, and Bath-based Wild and Lye and Kit Johnson.

Machine learning environmental data startup Martello raises £1.2 million in seed funding

UK-based proptech startup Martello has raised £1.2 million (USD 1.6 million) in seed funding to speed up the rollout of its AI-powered environmental risk platform for property transactions.

The round was led by Fuel Ventures and included angel investors with backgrounds in environmental searches and property law. The capital will support Martello’s mission to modernise how environmental and location-based risks are assessed during the conveyancing process.

Martello uses machine learning to analyse environmental data in real time, helping conveyancers identify risks such as flooding, land contamination, and subsidence. These risks are a growing concern in the UK, with recent estimates from the Environment Agency suggesting that over six million properties are at risk of flooding.

Environmental searches are legally required in nearly all UK property transactions and increasingly influence both property valuations and mortgage approvals. Despite their importance, many of the tools used today still rely on static PDFs and legacy mapping tied to outdated title deeds.

Martello replaces traditional reports with interactive dashboards that offer clearer insights and faster interpretation. The company is already working with law firms to integrate its platform into existing workflows.

Dr Henry Crosby, founder and CEO at Martello, said:

"In my opinion, the foundations of environmental searches haven’t changed in 20 years – and they’re often ambiguous and risk-prone. Martello is bringing much-needed clarity to an increasingly critical part of the conveyancing process.

"With this funding, we’re building a platform that helps everyone involved in a property transaction make faster, more informed decisions.”

North America: Rentsync receives investment from Silversmith Capital Partners

Rentsync, a leading software and data company serving Canada’s rental housing industry, has raised a significant growth investment led by Silversmith Capital Partners. The partnership with Silversmith will enable the company to further invest in technology, expand its team, and pursue strategic acquisitions as it builds a comprehensive platform of data, software, and analytics to address the challenges of Canada’s rental housing ecosystem.

Max Steinman, CEO at Rentsync, said:

"We are thrilled to partner with the team at Silversmith, who bring not only deep sector and operational expertise but also a successful history of backing Canadian growth companies. Silversmith’s commitment to building category-leading businesses aligns perfectly with our long-term vision to simplify and optimize the rental housing experience for owners, managers, marketers, and renters.

"This strategic investment will empower us to accelerate innovation, scale our platform faster, and deliver even more impactful solutions for rental housing providers and renters alike."

Jim Quagliaroli, Managing Partner at Silversmith, said:

"As a firm, we are focused on partnering with growing, profitable businesses led by domain experts, and Rentsync embodies these attributes. We’re excited to support Max and his talented team as their first institutional investor as they continue to grow both organically and through strategic acquisitions."

Europe: ALCUBO raises €150,000 from its own clients to fuel expansion

Spanish proptech startup ALCUBO has raised €150,000 in a funding round led entirely by its existing clients.

The company, which identifies high-yield real estate investment opportunities, says the backing directly from its user base validates its model and strengthens its value proposition in a traditionally opaque sector.

Antonio Mariscal, co-CEO and co-founder of ALCUBO, said:

"The fact that our own clients financed this round is the best possible validation. They already trust our investment criteria — and now they’re betting on the company’s future as well."

ALCUBO uses a data-driven model and offers tailored, end-to-end support for its investor community, which now includes more than 600 active members. The company aims to grow this number to 5,000 in the next 12 months. Most of its investors are individuals and family offices seeking access to off-market real estate deals, which account for more than 95% of the properties it sources.

The company reports that revenue tripled in Q1 2025 compared to the same period last year. It has also expanded into several new cities, including Valencia, Alicante, Castellón, Toledo and Guadalajara, adding to its existing footprint in Madrid, Málaga and A Coruña.

Alberto Lozano, co-CEO and co-founder at ALCUBO, added:

"This round gives us the resources to grow, but also the responsibility to keep delivering high-quality investment opportunities. Our goal is to build a transparent and trustworthy investor community."

The new capital will be used to enhance ALCUBO’s tech platform, expand its operations and investment teams, and grow its commercial presence in new markets.