Market Research Report: Wamda Capital

Company Overview

Name: Wamda Capital

Mission:
We invest in transformational businesses and create meaningful partnerships with entrepreneurs.

Founded: 2010

Founder: Fadi Ghandour

Key People:

Fadi Ghandour: Executive Chairman

Fares Ghandour: Partner

Daniel dos Reis: Investment Director

Varun Sharma: Investment Associate

Dima Beidas: Investment Associate

Annelies Feeney: Executive Assistant

Micah Vino: Office Administrator

Abdul Munam: Accounting and Finance Controller

Headquarters: Dubai Design District (d3), P.O.Box 333231, Dubai, UAE

Number of Employees: No information is available

Revenue: No information is available

Notable Achievements:

Investing in over 67 companies through Wamda Seed and Wamda Capital Fund I.

Successful exits include companies like Careem, Mumzworld, and Twiga.

Participated in significant funding rounds and investments, like Salla's $130 million pre-IPO and Tabby's $58M at a $660M valuation.

Products

Wamda Capital Funds

Wamda Capital Fund I

Overview: Launched in 2015, it is one of the region’s first Venture Capital funds, focusing on growth stage businesses (series A and above) in the Middle East, Africa, and Turkey.

Key Features: $70 million fund anchored by the IFC, with participation from Zain and other regional investors.

Wamda Seed

Overview: An early-stage evergreen investment entity backed by the personal capital of Fadi Ghandour targeting sector-agnostic, Seed to Series A technology startups based in the MENAPT region.

Key Features: Provides patient capital without a predefined fund lifecycle, allowing flexibility in investment.

Recent Developments

New Products Launched

Tabby Shop: An all-encompassing shopping tool integrated into the Tabby app.

New Features Added to Existing Products

CleverSo 3.0: Launched by Tarjama, featuring AI-enabled translations and the first TMS with an Arabic UI.

New Partnerships and Acquisitions

Dukkantek and Lezzoo: Strategic partnership to transform Iraq’s F&B supply chain.

Belgium’s Deliverect and UAE’s ChatFood: Acquisition enabling Deliverect to extend its offerings in the Middle East.

Floranow and Saudi Arabia’s Bloomax: Floranow fully acquired Bloomax to expand its market presence.

Significant Fundings and Financial Developments

qeen.ai: Secured a $2.2 million pre-Seed funding round led by Wamda Capital.

RemotePass: Raised $5.5 million in Series A funding.

Salla: Secured $130 million pre-IPO investment led by Investcorp.

Alma Health: Raised a $10 million Series A funding round.

Noteworthy Events

Wafeq: Raised $3 million amidst the GCC implementing VAT agreements.

Moove: Raised $76 million in new funding from Mubadala and BlackRock at a $550M valuation.

For detailed archives and more news, visit Wamda Capital's [news page](https://www.wamdacapital.com/news).

Contact Information

Address:
Dubai Design District (d3), P.O.Box 333231, Dubai, UAE

Email:
info@wamdacapital.com

Website:
[wamda.com](https://www.wamda.com)

This structured and information-dense report is based on the available data and adheres to professional report standards. For any additional queries, Wamda Capital can be contacted at the provided email and address.