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Huspy Secures Investment Round, led by Balderton Capital

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huspy real estate
  • The property technology company is building a Super App for real estate starting with best technology for real estate agents and brokers
  • Huspy facilitates more than 25% of all residential mortgages in Dubai

Huspy, a property technology company headquartered in the UAE, with operations in Dubai, Abu Dhabi and Madrid announces that it has raised a funding round led by Balderton Capital, with further participation from existing investor Fifth Wall, amongst other investors. This round of funding is at a considerably higher valuation than its 2022 Series A which raised USD 37 million (AED 135.8 million) and was led by Peak XV (formerly Sequoia Capital India & SEA). This newly announced strategic investment marks a pivotal moment in Huspy’s journey to build a Super App for real estate, revolutionizing the way people buy properties across MENA and Europe.

Launched in 2020, Huspy has rapidly transformed the real estate landscape, becoming the UAE’s largest mortgage provider within its first year of operations, today facilitating more than 25% of all residential mortgages in Dubai. Huspy today offers end-to-end home buying and selling services in the UAE and Spain. The company has also aligned its ambitions with those of the UAE, by attracting top talent to the region and innovating within the sector; Huspy has brought in over 200 professionals to the UAE from over 40 countries, bolstering the regional talent pool. In addition, Huspy has attracted capital from some of the world’s most renowned venture capital firms, such as Peak XV (formerly Sequoia Capital India & SEA), Founders Fund, Balderton Capital, Fifth Wall, Breyer Capital, VentureFriends, B&Y Venture Partners, COTU Ventures, VentureSouq and others.

Building on this success, Huspy expanded its offerings to products covering everything related to real estate, streamlining the entire home buying process from property search to financing and beyond. To date, Huspy has processed over AED 22 billion in home transaction value, helping more than 13,500 people achieve their dream of homeownership.

Strategic Investments Highlight the Dubai and MENA Ecosystems’ Potential

Balderton Capital leading this funding round is particularly noteworthy, as a validation to Huspy’s position in Europe. Known for leading the early stage rounds for globally recognized companies such as Revolut, one of the largest digital banks in the world, Balderton’s investment shows strong confidence in Huspy’s remarkable success.

Rana Yared, General Partner of Balderton Capital commented on the investment, “We are excited to be partnering with the Huspy team to help scale the company in Europe. Offering a holistic real estate platform that connects all stakeholders, Huspy’s product has been thoughtfully designed to tackle major pain points and act as an operational cockpit for brokers and agents. Jad and the team bring exceptional ambition and deep market expertise, and we look forward to this next chapter as Huspy enters the European stage.”

Fifth Wall, the largest asset manager focused on improving, futureproofing, and decarbonizing the built world, as well as other investors have reconfirmed their confidence in the company, increasing their investments in Huspy. Miguel Nigorra, Partner & Head of Europe at Fifth Wall commented: “We continue to see significant opportunities to disrupt the real estate market in EMEA. We believe Huspy’s industry-leading management team, strong investor base, and end-to-end offering brings a much needed, differentiated value proposition for the market’s brokers.”

Vision for Expansion and Future Growth

With a vision to become the largest home-buying company in Europe and the Middle East, by offering a Super App for real estate, Huspy is gearing up for an exciting growth phase. Huspy will be rolling out its real estate business across Spanish cities ahead of Europe and Middle East rollouts.

Jad Antoun, CEO and Co-founder of Huspy commented on the round and expansion. “Over the last three years, we’ve established a strong and defensible business in the UAE and we believe we have the foundations today for a European and Middle Eastern expansion. We are incredibly happy to partner with Balderton Capital, to focus on a European rollout. The goal for Huspy remains the same as day zero, to build a category-defining business in this space in Europe and the Middle East and we believe we’re in a prime position to achieve that.”

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Vertiv™ Coolant Distribution Unit qualified as NVIDIA DSX Ready for AI Factory Infrastructure

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Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced the 2.3 MW Vertiv™ CoolChip coolant distribution unit (CDU) model has qualified as a NVIDIA DSX Ready CDU. The 2.3 MW CDU model is the first CDU to qualify specifically as NVIDIA DSX Ready. Vertiv is among the initial providers of qualified CDU solutions in the NVIDIA DSX Ready program, which enables AI factory builders to identify specific power and cooling products that meet applicable NVIDIA DSX requirements.

“The scale of AI deployment is forcing a more integrated approach to data center infrastructure,” said Scott Armul, Chief Product and Technology Officer of Vertiv. “Compute, power and cooling decisions can no longer be made independently. A constraint on any one of those systems can limit the performance and productive capacity of the entire facility. NVIDIA DSX Ready gives customers a more consistent basis for evaluating critical infrastructure within that larger design.”

Armul continued: “The qualification of Vertiv’s 2.3 MW CDU model reflects our continued focus on providing the thermal building blocks, engineering expertise and lifecycle support customers need as they plan and operate increasingly complex AI environments.”

A coolant distribution unit, or CDU, manages the flow and temperature of liquid used to remove heat from high-density computing systems. The DSX Ready 2.3 MW model is part of Vertiv’s liquid-to-liquid CDU portfolio, supporting direct-to-chip and rear-door heat exchanger applications and designed for installation at the end of a row or along the room perimeter.

Connecting AI factory design to qualified cooling products

AI factories are data centers designed to develop and operate AI models and applications at scale. As computing density and infrastructure scale increase, power, cooling, water, site and grid constraints increasingly influence what builders can deploy.

The NVIDIA DSX AI Factory Platform unifies AI factory design and operations across compute, networking, power, cooling, facilities and software. It helps partners design and operate the factory as one system to support AI output within available power, cooling, water and grid constraints.

NVIDIA DSX Ready connects specific products to applicable NVIDIA DSX requirements. For CDU providers, the program uses the NVIDIA CDU self-qualification suite to determine whether a specific offering meets applicable functional requirements.

Qualification does not replace the engineering required for a particular site or configuration, and customers must still determine how a qualified product will fit within their facility design, system configuration and operating requirements.

For more information about the Vertiv portfolio of power, cooling, infrastructure, IT systems and services for critical digital applications, visit Vertiv.com.

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Abu Dhabi Projects and Infrastructure Centre and PATRIZIA sign strategic partnership to support infrastructure investment and development

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The Abu Dhabi Projects and Infrastructure Centre (ADPIC)and PATRIZIA, an investment manager in real assets, have signed a strategic partnership to deepen cooperation around infrastructure investment and project delivery in the Emirate of Abu Dhabi, drawing on PATRIZIA’s wider real assets expertise.

The strategic partnership was signed during the Abu Dhabi Infrastructure Summit (ADIS) International Roadshow at EXPO REAL 2026 in Munich by His Excellency Eng Maysarah Mahmoud Salim Eid, Director General of ADPIC and Hassan Awada, Senior Executive Officer, MENA at PATRIZIA.

ADPIC sits at the centre of Abu Dhabi’s capital-project programme, coordinating planning, governance, and delivery across approximately 500 projects valued at more than AED 200bn, equivalent to more than USD 56bn. The programme spans housing, transport, culture, education, social infrastructure, and the wider urban systems supporting Abu Dhabi’s long-term growth, livability, and economic competitiveness.

The agreement also reflects the wider objective of the ADIS International Roadshow by connecting Abu Dhabi’s infrastructure ecosystem with international partners that bring specialist expertise and long-term capability, while deepening engagement with Germany and Europe. The partnership establishes a framework for PATRIZIA and ADPIC to exchange international expertise and explore areas where private-sector participation can strengthen project delivery and long-term value creation. This includes dialogue around public-private partnership structures, sharing international best practice in infrastructure financing and delivery, and exploring potential investment and co-investment opportunities arising from Abu Dhabi’s capital projects programme.

The two organisations will also cooperate on market insight, benchmarking and technical studies relevant to infrastructure investment and project delivery, while exploring ways to support greater international participation, knowledge exchange, and access to specialist capability across Abu Dhabi’s ecosystem.

H.E. Eng. Maysarah Mahmoud Salim Eid, Director General of ADPIC, said: “Abu Dhabi’s infrastructure programme requires partners that bring proven international capability, market insight, and a long-term commitment. Through this partnership with PATRIZIA, we will explore how that experience can support private-sector participation, strengthen project delivery, and create long-term value. This is exactly the type of practical international cooperation the ADIS International Roadshow is designed to advance.”

PATRIZIA has worked with institutional investors and partners in Abu Dhabi for 15 years, building long-term relationships across the Emirate. The recent establishment of a permanent presence in the Abu Dhabi Global Market (ADGM) marked a further step in that commitment, strengthening PATRIZIA’s ability to work with regional investors and partners and connect them with its international real assets platform.

Asoka Wöhrmann, CEO of PATRIZIA, said: “Abu Dhabi has established itself as an important centre for long-term investment and infrastructure development. Our teams have worked with clients and partners in the Emirate for the past 15 years, and our decision to establish a permanent presence in Abu Dhabi reflects the importance we attach to that relationship. We have seen first-hand the scale of its ambition and the increasingly important role that international expertise and private capital can play. This partnership creates a framework through which PATRIZIA can contribute its experience across real assets while deepening our longstanding relationships in Abu Dhabi.”

Hassan Awada, Senior Executive Officer, MENA at PATRIZIA, said: “Abu Dhabi is developing into a significant market for infrastructure and real assets investment, supported by major infrastructure pipeline and a clear focus on attracting international investment and expertise. Our partnership with ADPIC gives us an opportunity to closely support on delivering these priorities and to explore where PATRIZIA’s international investment capabilities can support the Emirate’s long-term ambitions.”

The agreement reflects PATRIZIA’s wider strategy of combining its established global real assets platform with selective international growth in markets where it has longstanding client relationships and relevant investment expertise.

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NetApp to Showcase AI-Ready Data Infrastructure as CEO George Kurian Takes the Stage at Ai Everything Abu Dhabi 2026

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NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, will exhibit at Ai Everything Abu Dhabi 2026, taking place on October 6 and 7 at ADNEC Centre in Abu Dhabi. The event will also feature George Kurian, Chief Executive Officer of NetApp, who will take part in a fireside chat on the Summit Stage titled, “Can AI Be Trusted? The New Architecture of Sovereign, Secure and Safe AI.” As AI moves from generating answers to taking action across the enterprise, Kurian will explore why trust must extend beyond the model to the data, infrastructure and systems AI can access, as well as the growing importance of security, data sovereignty and governance.

At the centre of NetApp’s presence will be the NetApp Platform, designed to provide enterprises an intelligent, connected, governed foundation that delivers zero-copy access to their data. Customers can quickly and confidently access, manage, and activate their data and be confident it is AI-ready and secure so they can take on the most demanding tasks and solve the most complex problems. In addition to being available on-premises, the NetApp Platform is natively embedded in the world’s largest public clouds. As organizations move AI initiatives from experimentation into production, having data that is accessible, governed and protected becomes increasingly important to scaling AI securely and efficiently.

“Abu Dhabi’s ambition to become an AI-native government reflects a broader shift we are seeing across the Middle East, where AI is rapidly moving from experimentation to large-scale deployment. But scaling AI is ultimately a data challenge. Organizations need trusted, secure and accessible data wherever it resides. The NetApp Platform provides the foundation customers need to build Intelligent Data Infrastructure that enables them to move from AI ambition to real business outcomes, securely and at scale.” said Suhail Hasanain, Senior Director and General Manager, MEA at NetApp

During the two-day event, NetApp’s regional and global experts will engage with industry leaders, partners and customers on building AI-ready infrastructure and addressing the data and infrastructure challenges that can prevent AI projects from progressing into production.

Visitors will have an opportunity to hear the latest developments from NetApp INSIGHT 2026 in Las Vegas, one of the company’s key events focused on tackling today’s biggest AI and technology challenges with intelligent data infrastructure.

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