BirdNest
proptech
egypt
About
Egyptian proptech firm that reached profitability and posted strong US dollar revenue growth prior to a partial divestment.
Founders
Recent News
funding
3 days agoEgypt's Beltone VC Posts 80% IRR on BirdNest Deal, Outpacing US Benchmarks
Beltone Venture Capital booked an 80% IRR on a partial exit from Cairo-based hospitality platform BirdNest, returning capital from a $30M joint fund co-anchored by UAE's Citadel International. The deal is one of several high-IRR exits for BVC, highlighting a strategy of smaller checks, faster holds and partial secondary sales.
funding
5 days agoEgyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch
Egyptian venture funds are shifting from chasing valuation mark-ups to prioritising cash returns and DPI through partial exits, carve-outs and strategic sales as IPOs remain closed and currency pressures persist.