Edafa Venture , the Saudi-based venture capital firm, is preparing to finalize the selection of top startups in the PropTech sector across the region.

According to sources familiar with the matter, the company has entered into a trilateral agreement with the real estate platform Coldwell Banker and Prime Holding , which specializes in quality and compliance solutions.

The upcoming competitions, set to launch over the next few months, will focus on identifying innovative and sustainability-driven projects within the real estate sector across the Middle East and Egypt.

Earlier, Edafa announced the successful acquisition of Egypt-based Cyclex—specialized in recycling non-hazardous solid waste and converting outputs into economic value—through its platform and application, Startup Sync.

Startup Sync, backed by Edafa Venture Capital, aims to strengthen connections between startups,investment funds, and investors, serving as a dynamic platform that supports and empowers entrepreneurs through funding, as well as technical and operational support from relevant stakeholders.