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Egyptian PropTech Startup Sakneen Raises USD 1.1 Mn In Seed Funding
Egyptian PropTech Startup Sakneen Raises USD 1.1 Mn In Seed Funding

Egyptian proptech startup Sakneen has raised USD 1.1 Mn in a seed round led by Algebra Ventures. Other investors who participated include Sarwa Capital, Foundation Ventures, Nakhla VC, US-based Hem + Spire, and angels from Google, McKinsey, and BlackRock.

Cairo-based Sakneen provides listing services for users looking to buy a home, offering them a smooth searching experience with different options to navigate through. The startup plans to use the fund in expanding its team and developing exclusive solutions for its users.