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Since 2021, Nama Ventures has backed 3 African startups across 6 disclosed funding rounds totaling $9.8M, most heavily in Egypt and Logistics & Supply Chain.
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.
Data updated · Jul 29, 2026
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Nama Ventures has backed 3 African startups across 6 disclosed funding rounds tracked on Liners, totaling $9.8M since 2021.
Mostly Seed: 4 of its 6 tracked rounds are at that stage, followed by Venture (Round not Specified) (1).
Its tracked rounds lean toward Logistics & Supply Chain (4), Developer Tools & Cloud (2).
Nama Ventures most often shares rounds with A15 (2 shared deals), 500 Global (2 shared deals), Assembly Capital Partners (2 shared deals).
Nama Ventures has backed Nowlun (Egypt, seed rounds in 2024 and 2025), Shipblu (Egypt, seed and other rounds in 2021), and Termii (Nigeria, seed in 2021 and venture in 2023).