Fractional real estate platform Stake has raised $31 million in a Series B funding round, led by Dubai's Emirates NBD with participation from Abu Dhabi's Mubadala and Middle East Venture Partners. This funding underscores confidence in the digitization of real estate markets, aligning with economic diversification strategies in the Middle East.
The investment will support Stake's expansion and technological development, enhancing its platform for fractional property ownership. Stake allows investors to purchase shares in properties, offering exposure to real estate with lower capital requirements. The funding will also aid in geographic expansion, product development, and technology upgrades, positioning Stake as a leader in the regional proptech sector.
Stake Secures $31M Series B Funding Led by Emirates NBD and Mubadala
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