Wamda Capital

Wamda Capital is a leading venture capital firm based in Dubai, focused on investing in high-growth technology and technology-enabled startups across the MENA region. Established in 2010, the firm operates with a dual approach, targeting both seed and growth-stage investments primarily in sectors such as financial services, consumer goods, software, internet of things, and artificial intelligence. In addition to its investment activities, Wamda Capital plays a vital role in fostering entrepreneurship ecosystems by offering a range of integrated programs, including media, community development, research initiatives, and advisory services for corporate and government stakeholders. With its extensive involvement, Wamda Capital supports exceptional entrepreneurs in navigating multiple financing rounds and achieving successful exits.

Fadi Ghandour

Executive Chairman

Daniel dos Reis

Investment Director

Daniel dos Reis

Investment Director

Varun Sharma

Investment Associate

Past deals in Africa and Middle East

TAP

Seed Round in 2023
TAP matches high potentials from Palestine and Jordan with global startups to make a mutual positive impact. For more: https://www.tapcareers.io/about/our-story

Dukkantek

Seed Round in 2022
Dukkantek provides digital transformation services to improve business processes. It offers online solutions to assist with managing and marketing strategies of companies. Dukkantek is based in Dubai, UAE.

Skillbee

Seed Round in 2022
Skillbee is a job platform specifically designed for migrant workers, focusing on the blue-collar sector. It connects skill-verified blue-collar workers with employers in overseas markets such as the UAE, Kuwait, and Singapore. The platform facilitates the process of finding reliable and well-paying job opportunities for these workers while also assisting companies in hiring and managing international talent effectively. Through its services, Skillbee aims to bridge the gap between skilled workers seeking better employment prospects and employers looking for qualified personnel to meet their labor needs.

Dukkantek

Seed Round in 2022
Dukkantek provides digital transformation services to improve business processes. It offers online solutions to assist with managing and marketing strategies of companies. Dukkantek is based in Dubai, UAE.

Halan

Venture Round in 2021
Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.

NOW Money

Venture Round in 2021
NOW Money is a fintech company that leverages mobile banking technology to offer financial services to the unbanked population in the Middle East. By providing accounts and remittance solutions, NOW Money aims to include individuals who are currently excluded from the financial system. The company focuses on low-income migrant workers in the Gulf region, offering them access to essential financial tools, including international money transfers and currency conversion services, at a reduced cost. This approach not only facilitates financial inclusion but also helps users save significantly on remittance expenses.

Holo

Pre Seed Round in 2020
Holo is the Middle East’s first digital property buying platform, transforming the homebuying process with an integrated, end-to-end digital solution. With advanced algorithms, Holo matches customers with the optimal mortgage product tailored to their financial needs and connects them with over 2,500 real estate agents via The Hub. With a user-friendly, 24/7 interface, users can seamlessly apply, upload documents, and track progress on any connected device. Recognized in the 2020 Wamda X cohort, Holo is revolutionizing home financing in the UAE—achieving monthly loan GMV exceeding AED 1 billion.

Nana

Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Drive Ninja

Pre Seed Round in 2020
Drive Ninja, formerly known as Simply New Cars, is a car buying and leasing comparison platform based in the UAE. The company aims to streamline the car purchasing process for consumers by providing a comprehensive portal where users can discover, research, compare, and validate new and nearly new vehicles. This platform allows potential buyers to find their ideal cars based on specific features and build competitive deals, ultimately saving time and money that would otherwise be spent visiting multiple showrooms. Additionally, Drive Ninja connects regional dealerships with high-quality leads from active buyers, facilitating faster sales conversions. The company is committed to expanding its offerings to enhance the overall driving experience in the UAE.

Tamatem

Series A in 2020
Tamatem Inc. is a mobile gaming studio and publishing company based in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem focuses on developing and localizing mobile games specifically for Arabic-speaking smartphone users. The company partners with international studios and developers to adapt and culturally relevantize various game genres, including racing, RPG-MMO, strategy, puzzle, and trivia. With a strong emphasis on user acquisition, distribution, and monetization, Tamatem has successfully published over 40 games, achieving more than 50 million downloads. The company employs a team of 26 people dedicated to optimizing and managing mobile game success in the MENA market.

Volt Lines

Series A in 2019
Volt Lines is a transportation service provider based in Istanbul, Turkey, that offers subscription-based micro-transit solutions. Founded in 2017, the company operates an online platform and a mobile application that enables users to book seats on smartly routed mini-buses for their daily commutes. Volt Lines specifically caters to corporate clients, providing an alternative to public transportation and ride-hailing services. By focusing on shorter journeys and optimizing routes, the company enhances efficiency for employees, passengers, and drivers alike. Its innovative approach aims to alleviate the challenges of commuting in urban environments while delivering a reliable transportation option for businesses.

liwwa

Series A in 2019
liwwa, Inc. is a peer lending platform based in Amman, Jordan, established in 2013. The company connects small and medium-sized enterprises (SMEs) seeking capital with individual and institutional investors looking to diversify their investment portfolios. Through its platform, liwwa enables borrowers to apply for small business loans, facilitating access to necessary funds while allowing investors to earn regular monthly returns. The company conducts in-house evaluations of borrowers' creditworthiness and employs a lease-to-own model that provides interest-free returns for investors. By focusing on the MENA region, liwwa aims to enhance capital access for small businesses and create investment opportunities for individuals and institutions.

Tabby

Seed Round in 2019
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Twiga Foods

Venture Round in 2019
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

NOW Money

Series A in 2019
NOW Money is a fintech company that leverages mobile banking technology to offer financial services to the unbanked population in the Middle East. By providing accounts and remittance solutions, NOW Money aims to include individuals who are currently excluded from the financial system. The company focuses on low-income migrant workers in the Gulf region, offering them access to essential financial tools, including international money transfers and currency conversion services, at a reduced cost. This approach not only facilitates financial inclusion but also helps users save significantly on remittance expenses.

MUNCH:ON

Series A in 2019
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders

Jamalon

Series B in 2019
Jamalon, Inc. is the largest online bookstore in the Middle East, founded in 2010 and based in Amman, Jordan. The company specializes in providing a vast selection of over 9.3 million titles in both Arabic and English, sourced from approximately 30,000 publishers. It offers books across various genres, catering to diverse reader preferences. Jamalon enhances the customer experience by providing home delivery services and customized payment options tailored to the Middle Eastern market, thus facilitating access to literature for a wide audience.

Nana

Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

MUNCH:ON

Series A in 2019
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders

yallacompare

Series C in 2019
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

Twiga Foods

Series B in 2018
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

Mumzworld

Series B in 2018
Mumzworld.com is the largest e-commerce platform in the Middle East focused on products for mothers, babies, and children. Serving over 2 million mothers across the MENA region, the company offers a vast selection of more than 200,000 products from over 2,000 local and global brands, making it a comprehensive resource for families. Mumzworld.com has established itself as a leader in online retail for childcare products, providing an easy-to-navigate platform that allows users to search, compare, and purchase a wide range of items, including gear for newborns and educational toys. The company has gained recognition as the "Amazon for moms," and has partnered with major FMCG brands, securing exclusive distribution rights for many products. With a commitment to enhancing the shopping experience for mothers, Mumzworld.com has shipped over 60 tons of products to more than 20 countries, continually striving to be an essential online resource for families in the region.

Aqarmap

Series A in 2018
Aqarmap is a real estate marketplace founded in 2011 and headquartered in Al Qahirah, Egypt. The company specializes in providing an online platform that facilitates the buying, selling, and searching of residential properties, including apartments and houses. Aqarmap offers a range of services, including property valuation, price guides, and compound guides, which equip clients with essential information to make informed financial decisions regarding real estate transactions. By streamlining the property management process, Aqarmap aims to enhance the overall experience for users in the real estate market.

Tamatem

Series A in 2018
Tamatem Inc. is a mobile gaming studio and publishing company based in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem focuses on developing and localizing mobile games specifically for Arabic-speaking smartphone users. The company partners with international studios and developers to adapt and culturally relevantize various game genres, including racing, RPG-MMO, strategy, puzzle, and trivia. With a strong emphasis on user acquisition, distribution, and monetization, Tamatem has successfully published over 40 games, achieving more than 50 million downloads. The company employs a team of 26 people dedicated to optimizing and managing mobile game success in the MENA market.

Nestrom

Seed Round in 2018
Nestrom Inc. is an agricultural technology company based in Amman, Jordan, founded in 2016. It specializes in developing farm management systems that enhance the efficiency and automation of agricultural operations through advanced technologies. The company offers a comprehensive suite of services, including Farm Management Software, which enables farm managers to optimize operations by recording and monitoring activities at the field level. Additionally, Nestrom provides a Workforce Management System that tracks field workers' movements and activities using affordable Android devices, as well as Precision & Automation Systems for environmental monitoring. Furthermore, Nestrom operates an integrated field service management platform that supports various sectors, such as food manufacturing, construction, and energy management, focusing on streamlining quality control and operational efficiency through modules for audits, inspections, and maintenance management.

OfficeRock

Venture Round in 2017
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

Twiga Fruits

Series A in 2017
Twiga Fruits is committed to working with farmers to grow delicious fruit for people to enjoy. Their philosophy is that consumers appreciate knowing that the high quality fruits on their table come from a supply chain that fairly treats farmers and it’s their job to provide that bridge. Twiga Fruits is a progressive leader in Kenya’s fruit industry. With a conviction that domestic fruit sales and foreign exports should serve as a backbone of Kenya’s economy, Twiga Fruits is built around a team of reformers with over 80 collective years of agronomic and supply chain experience. In Kenya’s growing urban dwellings, Twiga Fruits is lowering prices by building distribution networks that beat the costly informal networks of layers of middlemen and brokers. When they say “Better Produce, Better Prices,” they mean it. There is no reason Kenyan fruit should cost as much in Nairobi as Dubai. For export markets, Twiga Fruits is raising standards through being the market leader in digitized traceability of products. Twiga Fruits treats all their farmers for what they are: professionals. As a company policy, Twiga Fruits differentiates itself by refusing to work with third-party “brokers”: traders who dominate the Kenyan fruit trade, profiting on farmers’ limited access to markets by buying at exploitatively prices, paying weeks later, and selling on to the local markets and exporters. Twiga Fruits instead buys directly from the farmer, and they believe a farmer deserves to get paid immediately for any produce he sells. They make sure their farmers receive the technical support to increase production levels, meet global quality standards, and seek credit to expand their operations. It’s not only the right thing to do: it’s good for the farmer, for us, for Kenya, and for consumers.

Twiga Foods

Series A in 2017
Twiga Foods Ltd. is a mobile-based supply platform that caters to retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates a cashless, business-to-business supply chain that connects small and medium-sized vendors with essential agricultural products. Twiga Foods enables vendors to order a variety of supplies, including bananas, pineapples, and tomatoes, through its innovative platform, streamlining the distribution process in urban markets. This approach not only enhances efficiency but also supports local businesses by improving access to quality produce.

OfficeRock

Seed Round in 2017
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

yallacompare

Series B in 2017
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

MUNCH:ON

Seed Round in 2016
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders

yallacompare

Series A in 2016
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

Kharabeesh

Series B in 2016
Kharabeesh Limited is a media and entertainment network based in Amman, Jordan, that focuses on creating artistic video content addressing social and political issues. Founded in 2008, the company has evolved into a prominent online entertainment network, particularly recognized for its role as a leading multi-channel network on YouTube. Kharabeesh produces and co-produces a diverse range of content, including shows, animations, music, and short films, which are disseminated across social media platforms to engage Arab internet users globally. By combining media, entertainment, and technology, Kharabeesh aims to enhance youth-oriented Arabic e-content and provide digital creators a platform to showcase their talents.

KapGel

Seed Round in 2016
KapGel is Turkey's first urban delivery platform, specializing in delivering a wide range of products from local brick-and-mortar merchants in under an hour. The company focuses on meeting the immediate needs of consumers by providing a quick and efficient delivery service, ensuring that clients receive their ordered items promptly. By facilitating access to various goods in a rapid timeframe, KapGel enhances the shopping experience for customers who seek convenience and timely service.

OfficeRock

Seed Round in 2016
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

OfficeRock

Seed Round in 2016
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

Mumzworld

Series A in 2016
Mumzworld.com is the largest e-commerce platform in the Middle East focused on products for mothers, babies, and children. Serving over 2 million mothers across the MENA region, the company offers a vast selection of more than 200,000 products from over 2,000 local and global brands, making it a comprehensive resource for families. Mumzworld.com has established itself as a leader in online retail for childcare products, providing an easy-to-navigate platform that allows users to search, compare, and purchase a wide range of items, including gear for newborns and educational toys. The company has gained recognition as the "Amazon for moms," and has partnered with major FMCG brands, securing exclusive distribution rights for many products. With a commitment to enhancing the shopping experience for mothers, Mumzworld.com has shipped over 60 tons of products to more than 20 countries, continually striving to be an essential online resource for families in the region.

ArabiaWeather

Series A in 2015
ArabiaWeather is a provider of comprehensive weather information services in the United Arab Emirates and the broader region. The company offers a web-based platform that delivers hourly-updated weather forecasts, alerts, and real-time weather condition updates. Its services are tailored to various sectors significantly impacted by weather, including media, airlines, oil and gas, agriculture, insurance, and retail. By providing reliable weather forecasts and insights, ArabiaWeather enables businesses and farmers to make informed decisions based on anticipated weather conditions, enhancing operational efficiency and planning. The company's focus on delivering accurate and timely weather information positions it as a valuable resource for clients navigating weather-related challenges.

yallacompare

Series A in 2015
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

Jamalon

Series A in 2015
Jamalon, Inc. is the largest online bookstore in the Middle East, founded in 2010 and based in Amman, Jordan. The company specializes in providing a vast selection of over 9.3 million titles in both Arabic and English, sourced from approximately 30,000 publishers. It offers books across various genres, catering to diverse reader preferences. Jamalon enhances the customer experience by providing home delivery services and customized payment options tailored to the Middle Eastern market, thus facilitating access to literature for a wide audience.

Tarjama

Tarjama is a certified translation agency based in Dubai that offers a comprehensive suite of language-related services. Recognizing the importance of effective communication in today's global market, Tarjama provides translation, proofreading, transcription, content writing, and subtitling services, allowing businesses to connect with customers and stakeholders in culturally relevant ways. With a smart language platform, the agency enables organizations to produce and manage multilingual content efficiently, addressing the unique linguistic and cultural needs of the Middle East. By leveraging its expertise, Tarjama helps clients transcend geographic borders and engage effectively in diverse markets.
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