Property tech company Huspy wrapped up a funding round led by Balderton Capital, with participation from existing investor Fifth Wall, and a few others, Trade Arabia reports. The exact amount of funding remains undisclosed, but the round valued Huspy higher than its Series A round in 2022, which raised USD 37 mn and was led by Peak XV (formerly Sequoia Capital India & SEA).

Where the money’s going: The influx will be used to build Huspy’s real estate superapp, as well as boost operations in Europe.

About Huspy: Founded in 2020, Huspy now handles over 25% of Dubai’s residential mortgages. The company offers end-to-end real estate services, with operations in Dubai, Abu Dhabi and Madrid.

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