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Wamda Launches State of Pre-Seed Startups in MENA Report

Wamda has launched ‘The state of the pre-seed startups in MENA’ report in collaboration with STEP Conference, the leading technology festival for emerging markets. The report features findings based on data from 627 startup founders who applied to the Wamda X fellowship programme and includes research supplemented by STEP. The UAE remains the regional hub […]

Presight and Samruk Kasyna JSC Announce Joint Venture

Wamda Capital Continues to Invest in Twiga Foods

Kenya-based startup Twiga Foods has raised $23.75 million in a Series B equity round led by Goldman Sachs, with participation from existing investors, including Wamda Capital, the International Finance Corporation, TLcom Capital, and Creadev. This is Goldman Sachs’ first major investment in a Kenyan technology company. An additional $6 million in debt was raised from […]

Presight and Samruk Kasyna JSC Announce Joint Venture

KSA’s Online Grocery Platform Nana Direct Raises $6.6 Million in “Series A” Funding

Middle East Venture Partners (MEVP) and Impact46 have co-led an investment in KSA-based Nana Direct, an online grocery platform serving 13 cities across the Kingdom. Other investors include Watar Partners, Saudi Venture Capital (SVC) Company, and Wamda. Nana has built a technology suite that seamlessly coalesces grocery customers, in-store pickers, Supermarkets, and last-mile delivery fleet. […]

Presight and Samruk Kasyna JSC Announce Joint Venture