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Moroccan prop-tech startup Yakeey raised $15 M Series A funding

Yakeey, a prop-tech startup based in Morocco, has raised a $15 million Series a funding round to support the development of transactional real estate infrastructure in Africa.

Yakeey, which was founded in 2023 by Karim Beqqali, consolidates developers, purchasers, renters, investors, and advisors on a single platform, facilitating housing access, encouraging investment, and digitizing the real estate value chain.

The business has raised a $15 million Series A funding round. A funding round headed by a group of well-known domestic and foreign investors will support its mission to redefine real estate transactions using data, artificial intelligence, and human-enhanced finance.

Leading investors including IFC, a World Bank Group member; Beltone Venture Capital, a prominent Egyptian venture capital fund; Enza Capital, a multi-stage pan-African venture capital fund; and CDG Invest, through its 212 Founders program, joined Yakeey’s Series A round.

“This capital raise affirms the vision that has been driving us since day one: to make real estate more accessible, transparent, and efficient for everyone, while empowering professionals in the sector,” said Beqqali.

Yakeey was IFC’s first venture capital investment in Morocco, according to Farid Fezoua, global director for private equity and venture capital at IFC.

“By digitising the real estate value chain and bringing together transactions, financing, and data on a single platform, Yakeey will expand access to housing and enable financing for households across the country. This investment will also catalyse job creation – through the growth of the YakeeyPro network and the broader ecosystem – while driving innovation that makes real estate more transparent and efficient. We’re proud to support a Moroccan technology champion with the potential to scale across Africa,” he said.

 

 

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