Nowlun to use seed funding to scale logistics operations
Egyptian digital freight forwarding platform, Nowlun, has landed $1.7 million in seed funding to streamline its operations in the Middle East and North Africa. Nama Ventures and A15 co-led the investment round, with additional participation from Sanabil 500 Global and a group of angel investors.
Nowlun was founded in 2021. Since then, it has quickly established itself as an emerging force in the Middle East and North Africa sector. Moataz Khamis (CEO), Mahmoud Khaled (CTO), and Ahmed Emara (COO) – individuals with deep competence in technology and logistics came together to found the company.
Freight forwarding has quickly emerged as an important variable in global trade. It is concerned with coordinating shipments across carriers to ensure efficient delivery. This operation, having experienced inefficiency, lack of transparency, and outdated systems, is now set for an upgrade as Nowlun aims to disrupt the landscape.
Nowlun provides businesses real-time pricing from major shipping lines. It also features advanced shipment management tools and cargo-tracking features. This array of tools enables clients to make faster and more informed decisions without losing control over their logistics operations.
During the last two years, Nowlun has woven leading global shipping lines into its platform. This has allowed businesses access to instant and accurate freight rates. Its shipment management tools offer features like instant notifications, real-time cargo tracking, and proactive issue resolution. These have all contributed to the company’s strong reputation among its clients.
This fresh injection of capital will enable Nowlun to boost its operations and further enhance its proprietary technology platform. The logistics company also plans to deepen its presence in key markets and scale its team to meet the rising demand for its services.
The investment in Nowlun reflects growing confidence in the digital transformation of MENA’s logistics industry. Nama Ventures’ General Partner Mohammed Alzubi praised the startup’s significant traction, particularly in Saudi Arabia, and its potential to scale across the region. “Nowlun’s team has demonstrated remarkable expertise and execution capabilities in addressing the logistical challenges businesses face in MENA,” he noted.
A15’s Investment Manager, Bassem Raafat, highlighted the broader implications of Nowlun’s technology. “By introducing transparency and efficiency into freight forwarding, Nowlun has the potential to redefine how businesses in the region manage their logistics. This funding marks a key milestone in their journey toward industry transformation.”
Meanwhile, CEO Moataz Khamis re-emphasized the company’s mission to simplify shipping processes and resolve inefficiencies in freight forwarding. “Our goal is to empower businesses by making logistics smarter, faster, and more transparent. This funding allows us to expand our footprint and deliver even greater value to our clients,” Khamis stated.
This milestone marks an important step not only for Nowlun but also for the broader MENA logistics sector, as the region increasingly embraces innovation to address long-standing inefficiencies.
