Nama Ventures is a technology-focused venture capital fund based in Saudi Arabia. Licensed by the Saudi Capital Market Authority under License No. 24293-02 since September 2024, it manages investments through Nama Ventures Capital Company. The firm operates Fund I, a SAR 120 million (USD 32 million) early-stage fund targeting pre-seed and seed-stage startups across the MENA region, with a strong emphasis on Saudi Arabia. Nama Ventures has actively invested in African startups from March 2021 to June 2025, deploying $9.8 million across 6 funding rounds. It focuses on seed stages (4 rounds), with additional venture and other rounds, primarily in Egypt (4 investments) and Nigeria (2). Key sectors include logistics and supply chain (4), communication and social (2), and e-commerce and retail (2). Portfolio companies feature Nowlun and Shipblu in Egypt's logistics space, and Termii in Nigeria's communication sector. The firm frequently co-invests with prominent players such as 500 Global, Y Combinator, and A15, supporting high-growth tech ventures in the region.