New Investments
Egyptian Startup Nowlun Secures $1.7 Million in Seed Funding to Transform Logistics Industry

Egypt-based logistics platform Nowlun has raised $1.7 million in a seed funding round led by Nama Ventures and A15, with additional contributions from Sanabil 500 Global and prominent angel investors.
The funding marks a significant milestone for the startup, which aims to redefine the freight forwarding industry in the Middle East and North Africa (MENA) region.
Founded in 2021 by Moataz Khamis (CEO), Mahmoud Khaled (CTO), and Ahmed Emara (COO), Nowlun offers an online platform that provides customers with instant access to competitive ocean freight rates, shipment management tools, and real-time cargo tracking.
By integrating with major shipping lines, the platform enables businesses to compare services, streamline their logistics processes, and make informed decisions more efficiently.
The newly secured funding will support Nowlun’s expansion plans and accelerate the development of its technology-driven solutions.
The platform’s capabilities, including its real-time visibility features and proactive issue management, aim to address inefficiencies in traditional freight forwarding practices.
Reflecting on the company’s journey, CEO and co-founder Moataz Khamis emphasized the team’s mission to simplify logistics through technology.
“Throughout my decade in logistics, I’ve witnessed the daily inefficiencies shippers face. This funding will empower us to further simplify the shipping process and make shippers’ lives easier,” he said.
Mohammed Alzubi, founder and managing partner at Nama Ventures, praised the startup’s market traction and domain expertise.
“We were impressed by their deep domain expertise, strong traction in the Saudi market, and clear vision for disrupting the logistics space,” he remarked.
Since its launch, Nowlun has rapidly gained recognition in the MENA logistics sector, leveraging advanced tools to offer transparency and efficiency across supply chains.
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