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Nowlun raised $1.7M in a seed funding round co-led by Nama Ventures and A15 to expand and develop its technology.

PRIVATENov 30, 2024

Amount Raised

$1.7 Million

Round Type

Seed

AlexandriaTransportationLogistics

Investors

A15Sanabil 500 GlobalNama Ventures

Description

Saudi-based Nama Ventures co-led Egypt’s Nowlun $1.7 million seed funding round along with venture capital firm A15. The raised capital will be used for expansion and technology development.

Quick answer

Nowlun raised $1.7 Million in a Seed round, dated November 30, 2024. Investors: A15, Sanabil 500 Global and Nama Ventures. Nowlun is based in Alexandria, Alexandria, Egypt.

How much did Nowlun raise?
Nowlun raised $1.7 Million in a Seed round on November 30, 2024.
Who invested in Nowlun?
A15, Sanabil 500 Global and Nama Ventures are named as investors in this round.
What does Nowlun do?
Nowlun is a startup that provides businesses with access to real-time pricing across major shipping lines, facilitating faster and more informed decision-making in the logistics sector.
Where is Nowlun based and how big is it?
Nowlun is based in Alexandria, Alexandria, Egypt. Fundz records about 60 employees.
Who are the decision-makers at Nowlun?
Fundz holds 2 contacts at Nowlun. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Logistics around the same time

Companies in the same sectors as Nowlun that raised within 45 days of this round, from Fundz verified event records.

  • Overhaul raised $55M on January 10, 2025.
  • Overhaul raised $55M on December 23, 2024.
  • Azio AI Holdings, Inc. raised $4.4M (Seed) on December 18, 2024.
  • Slip Robotics raised $28M (Series B) on December 17, 2024.
  • Meight raised $3.6M (Seed) on December 17, 2024.
  • Loadar raised $4M (Seed) on December 17, 2024.

Who to call at Nowlun, and when

A new round usually means Nowlun is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Nowlun

Location

Alexandria, Alexandria, Egypt

About

Nowlun is a startup that provides businesses with access to real-time pricing across major shipping lines, facilitating faster and more informed decision-making in the logistics sector. Founded in 2021, it aims to drive innovation and improve efficiency for its users. The company is positioned within the growing landscape of early-stage startups in the MENA region. Nowlun recently secured a $1.7 million seed funding round to further its expansion and technology development.

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