Draft:Nama Ventures

{{AfC submission|t||ts=20250421210045|u=Isabel Neuberger|ns=118|demo=}}

{{Infobox company

| name = Nama Ventures

| logo =

| type = Private

| industry = Venture capital

| founded = 2019

| founder = Mohammed Alzubi

| location = Riyadh, Saudi Arabia{{cite news |title=Arzish represents 'Promise of Pakistan' at world's largest tech event |url=https://dailytimes.com.pk/1061991/arzish-represents-promise-of-pakistan-at-worlds-largest-tech-event/ |accessdate=30 November 2024 |work=Daily Times |date=12 February 2023}}

| area_served = MENA

| key_people =

| products = Venture capital funding

| website = {{URL|https://www.namaventures.com/}}

}}

Nama Ventures is a Saudi-based venture capital fund that focuses on investing in early-stage technology startups within the MENA region.{{cite news |title=Saudi-focused VC Nama Ventures to invest in tech start-ups in kingdom, MENA region - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More |url=https://www.arabianbusiness.com/startup/462509-saudi-based-vc-nama-ventures-to-invest-in-tech-start-ups-in-kingdom-mena-region |accessdate=30 November 2024 |work=Arabian Business |date=25 April 2021}}

History

Nama Ventures was founded in 2019 by its managing partner, Mohammed Alzubi. That same year, the fund participated in the "Invest in Saudi" delegation at the Web Summit.{{cite news |last1=Pupic |first1=Tamara |title=Nama Ventures Founder And Managing Partner Mohammed Alzubi Is Betting On The MENA Region And Its Entrepreneurs |url=https://www.entrepreneur.com/en-ae/entrepreneurs/nama-ventures-founder-and-managing-partner-mohammed-alzubi/437303 |accessdate=30 November 2024 |work=Entrepreneur |date=17 October 2022 |language=en}}{{cite news |title=Nama Ventures participates in Web Summit 2019 |url=https://www.argaam.com/en/article/articledetail/id/1326855 |accessdate=30 November 2024 |work=Argaam |date=6 November 2019 |language=en}} The fund was established to address the funding gap for early-stage technology startups in the MENA region.{{cite news |last1=El-Shaeri |first1=Nour |title=Venture investments spark renaissance of Saudi innovation |url=https://www.arabnews.pk/node/2499701/business-economy |accessdate=30 November 2024 |work=Arab News PK |date=26 April 2024 |language=en}}

Alzubi has a background in technology investments, having worked at Dubai Silicon Oasis Authority and co-founded TechWadi, a nonprofit organization that connects Arab-American tech entrepreneurs with resources and networks in Silicon Valley, California.{{cite web |title=Mohammed Alzubi - Top Venture Capitalists 2024 |url=https://www.forbesmiddleeast.com/lists/the-middle-easts-top-venture-capitalists-2024/mohammed-alzubi/ |website=Forbes Middle East |access-date=March 14, 2025}}{{cite news |title=Video-recruitment platform JobPixel raises undisclosed Seed funding from Nama Ventures |url=https://www.wamda.com/en/2022/02/video-recruitment-platform-jobpixel-raises-undisclosed-seed-funding-nama-ventures |accessdate=1 December 2024 |work=Wamda |date=7 February 2022 |language=en}}

Since its inception, Nama Ventures has invested in over 45 companies across sectors such as fintech, proptech, entertainment tech, and legal tech.{{cite web|title=Nama Ventures launches $27 million fund to invest in Mena startups|url=https://www.wamda.com/2021/04/nama-ventures-launches-27-million-fund-invest-mena-startups|date=28 April 2021|website=Wamda|access-date=30 November 2024}}

The fund has made notable investments including Salla,{{cite news |title=Saudi delegation eyes joint IT ventures |url=https://tribune.com.pk/story/2394425/saudi-delegation-eyes-joint-it-ventures |accessdate=30 November 2024 |work=The Express Tribune |date=6 January 2023 |language=en}} Tamara,{{cite news |last1=Paracha |first1=Zubair Naeem |title=Saudi fintech Tamara raises $6 million in country's largest seed round for its buy now pay later platform |url=https://www.menabytes.com/tamara-seed/ |accessdate=30 November 2024 |work=MENAbytes |date=20 January 2021}} Calo,{{cite news |title=Calo raises $13.5 million Seed round |url=https://www.wamda.com/2021/12/calo-raises-13-5-million-seed-round |accessdate=30 November 2024 |work=Wamda |date=8 December 2021 |language=en}} Rize,{{cite web|title=Rize raises $2.9 million in seed round|url=https://mystartupworld.com/rize-raises-2-9-million-in-seed-round/|website=My Startup World|date=8 February 2024 |access-date=30 November 2024}} BrevDev,{{cite web|title=Nama Ventures invests in US-based startup BrevDev|url=https://www.wamda.com/2022/06/nama-ventures-invests-based-startup-brevdev|website=Wamda|access-date=30 November 2024}} and others.{{cite web|title=Egyptian handicraft e-commerce startup Muqbis raises funding|url=https://disruptafrica.com/2022/12/20/egyptian-handicraft-e-commerce-startup-muqbis-raises-funding/|website=Disrupt Africa|date=20 December 2022 |access-date=30 November 2024}}{{cite news |title=Nama Ventures invests in Nigerian startups, Messenger and Termii |url=https://www.wamda.com/2023/06/nama-ventures-invests-nigerian-startups-messenger-termii |accessdate=30 November 2024 |work=Wamda |date=13 June 2023 |language=en}}{{cite news |title=Saudi-based Nama Ventures leads a seed funding round for Bahraini startup Faceki |url=https://www.arabnews.com/node/2143146/amp |accessdate=30 November 2024 |work=Arab News |date=15 August 2022 |language=en}}{{cite web|title=ShipBlu joins Y Combinator summer batch, secures funding from Nama Ventures|url=https://www.khaleejtimes.com/business/shipblu-joins-y-combinator-summer-batch-secures-funding-from-nama-ventures|website=Khaleej Times|access-date=30 November 2024}}{{cite news |last1=El-Shaeri |first1=Nour |title=Regional startups raise funding rounds amid activity flurry|url=https://www.arabnews.com/node/2465551/business-economy|website=Arab News|date=23 February 2024|access-date=1 December 2024}}

BrevDev, backed by Nama Ventures in June 2022, was later acquired by Nvidia.{{cite news |last1=Martin |first1=Dylan |title=Nvidia Expands AI Cloud Capabilities With Fourth Acquisition This Year |url=https://www.crn.com/news/ai/2024/nvidia-makes-fourth-software-acquisition-this-year-with-brev-dev |accessdate=30 November 2024 |work=CRN |date=17 July 2024}}{{cite news |title=NVIDIA Acquires AI Platform Brev.dev from Nama Ventures |url=https://www.msn.com/en-us/news/technology/nvidia-acquires-ai-platform-brev-dev-from-nama-ventures/ar-AA1oeVBK |accessdate=1 December 2024 |work=MSN |date=5 August 2024}}{{cite news |title=Nvidia Acquires AI Platform Brev.dev From Saudi-Based VC Nama Ventures |url=https://cairoscene.com/Business/Nvidia-Acquires-AI-Platform-Brev-dev-From-Saudi-Based-VC-Nama-Ventures |accessdate=1 December 2024 |work=CairoScene |date=6 August 2024}}

The fund also backed Nigeria’s Y Combinator-backed startup, Termii.{{cite news |last1=Kene-Okafor |first1=Tage |title=Nigeria's Termii raises $1.4M seed led by Future Africa and Kepple Africa Ventures |url=https://techcrunch.com/2021/03/19/nigerias-termii-raises-1-4m-seed-led-by-future-africa-and-kepple-africa-ventures/ |accessdate=30 November 2024 |work=TechCrunch |date=19 March 2021}}

In December 2024, alongside A15, Sanabil 500 Global, and angel investors, Nama Ventures co-led a $1.7 million seed round for Nowlun to support its expansion and enhance its freight forwarding technology in MENA.{{cite news |last1=Talaat |first1=Nayrouz |title=Nowlun Raises USD 1.7M Seed Funding to Transform Digital Freight Forwarding |url=https://waya.media/nowlun-raises-usd-1-7m-seed-funding-to-transform-digital-freight-forwarding/ |access-date=March 14, 2025 |work=WAYA |date=December 1, 2024}}

See also

References