Egyptian logistics startup Nowlun has raised $1.7 million in seed funding to accelerate its expansion plans and further develop its innovative freight forwarding platform. The funding round was led by Nama Ventures and A15, with participation from Sanabil 500 Global and notable angel investors.
Founded in 2021 by Moataz Khamis (CEO), Mahmoud Khaled (CTO), and Ahmed Emara (COO), Nowlun offers businesses a digital platform to simplify freight management through transparent and competitive ocean freight rates, real-time cargo tracking, and streamlined shipment management. Its cutting-edge technology integrates with major shipping lines, enabling users to access instant pricing and enhanced shipment visibility, empowering companies to make faster and more informed logistics decisions.
Since its inception, Nowlun has established a strong foothold in the Middle East and North Africa (MENA) logistics space, particularly in the Saudi market, where it has demonstrated impressive traction. The platform’s advanced shipment management system includes a control tower dashboard, which allows businesses to track cargo movements, receive instant alerts, and proactively address potential disruptions.
“Throughout my decade in logistics, I’ve witnessed the daily inefficiencies shippers face,” said Moataz Khamis, CEO and co-founder of Nowlun. “This funding will empower us to further simplify the shipping process and provide innovative solutions to make shippers’ lives easier.”
Nama Ventures’ founder and managing partner, Mohammed Alzubi, expressed confidence in the startup, stating, “Nowlun’s deep domain expertise, traction in the Saudi market, and vision for disrupting logistics made it a compelling investment. We are confident they have the right team to lead this transformation.”
Read also: Janngo Capital Completes $78M Fundraising for Gender-Equal VC Fund
“Nowlun is positioned to revolutionize the freight forwarding industry. Their innovative approach, backed by technology and a deep understanding of logistics, promises to bring efficiency and transparency to the supply chain ecosystem. We are proud to support them in this journey.”A15’s Principal, Bassem Raafat, added.
This funding marks a pivotal moment for Nowlun as it seeks to significantly, redefine freight forwarding across MENA, combining local expertise with scalable technology solutions. The investment will drive its expansion into new markets and strengthen its mission to transform logistics with greater transparency, efficiency, and accessibility.
Finally, Nowlun’s strong leadership, robust partnerships, and innovative platform will revolutionize regional logistics.
