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.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like…

Nigerian Digital Therapy Startup Blueroomcare Secures Funding to Expand Access to Mental Healthcare
Blueroomcare, a Nigerian startup offering insurance-covered online therapy services, has secured an undisclosed amount of pre-seed funding.

Nigerian B2B e-commerce startup Sabi raises $38 million in Series B funding
The funding injection will fuel Sabi’s expansion plans, enhance its technological infrastructure, and bolster its market presence across multiple African countries.

OCP, IFC Launch €100 Million Initiative to Combat Water Scarcity, Boost Food Security in Africa
Morocco’s OCP Group has joined forces with the International Finance Corporation (IFC) to launch a €100 million initiative aimed at combating water scarcity and improving food security in Africa.