{"id":26626,"date":"2024-05-23T16:35:22","date_gmt":"2024-05-23T13:35:22","guid":{"rendered":"https:\/\/entarabi.com\/?p=26626"},"modified":"2024-05-23T16:42:16","modified_gmt":"2024-05-23T13:42:16","slug":"birdnest-secures-pre-series-a-funding-to-expand-in-regional-markets","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2024\/05\/birdnest-secures-pre-series-a-funding-to-expand-in-regional-markets\/","title":{"rendered":"Birdnest Secures Pre-Series A Funding to Expand in Regional Markets"},"content":{"rendered":"\n<p>Proptech startup Birdnest has successfully closed a pre-series A funding round, led by Beltone Venture Capital \u2014 the venture capital arm of Beltone Holding \u2014 and CI Venture Capital of UAE\u2019s Citadel International Holding. The investors have acquired a 20% stake in Birdnest for an undisclosed sum, according to a statement released by the startup.<\/p>\n\n\n\n<p>The newly acquired funds will be used to expand Birdnest\u2019s regional team and enhance its technology and marketing strategies to broaden market access. Additionally, the funds will facilitate the company&#8217;s expansion into new markets, including Athens, Dubai, and Riyadh. This move aligns with Birdnest&#8217;s strategic ambition to collaborate with real estate developers, institutional investors, and independent property owners.<\/p>\n\n\n\n<p>Birdnest is a homegrown proptech startup offering tech-enabled rental management services that simplify processes such as checking in, making rent payments, and unlocking doors. The startup manages a portfolio of over 200 properties across Egypt, catering to both short and long-term rentals. Birdnest also provides furnishing services, featuring \u201cpre-curated designs,\u201d as detailed on their website.<\/p>\n\n\n\n<p>Arch Capital served as Birdnest\u2019s financial advisor, while White &amp; Case provided legal advisory services to Beltone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Proptech startup Birdnest has successfully closed a pre-series A funding round, led by Beltone Venture Capital \u2014 the venture capital arm of Beltone Holding \u2014 and CI Venture Capital of UAE\u2019s Citadel International Holding. The investors have acquired a 20% stake in Birdnest for an undisclosed sum, according to a statement released by the startup. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":26623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[3984,4551,3986],"class_list":["post-26626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-beltone-holding","tag-birdnest","tag-ci-venture-capital"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/26626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=26626"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/26626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/26623"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=26626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=26626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=26626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}