UAE Proptech eVoost AI Raises $2.2 Million to Expand Globally

Abu Dhabi-based proptech startup eVoost AI has raised €2 million ($2.2 million) in a funding round led by First Drop VC.

The round also included participation from a syndicated investment vehicle linked to Hub71 and backed by Mubadala Investment Company, alongside strategic and angel investors with exposure to markets including Romania and the UAE.

Founded in 2024 by Cristian Pastrana and Koh Onozawa, the company develops an AI-powered platform focused on residential property sales, using predictive analytics and automation to help developers identify buyer demand before projects are completed.

According to the company, the platform is designed to support pricing, positioning, and sales strategies using AI-generated insights and behavioural data.

“This round allows us to accelerate the construction of an intelligent operating system for residential commercialisation,” Cristian Pastrana said in a statement.

eVoost AI stated that it currently manages more than $3.5 billion in real estate assets under commercial agreements across Europe, the UAE, and the United States.

The company plans to use the new funding to accelerate product development, expand internationally, and grow its team.

Operations are currently based in Abu Dhabi, with additional teams located in Madrid and Gijón, while expansion plans include strengthening activity across Spain, Portugal, the UAE, and the United States alongside entry into new markets.