# Wamda Capital: portfolio, investments and team

> Wamda Capital is a vc firm based in United Arab Emirates. 14 investments on record, latest Dec 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/wamda-capital-2 (Millionrounds; every figure on the page links to its filing or article)

United Arab Emirates · [Investor](https://millionrounds.com/investors)

# Wamda Capital

Last cheque observed Dec 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $56M, Feb 2015 VC firm

Seed Series A Series B Foodtech Edtech Technology

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 14 on record

Since the last cheque **2515** days **00** hrs **00** min **00** sec

Median round **$3.0M** Rounds led **5 of 14** Mostly in **United Arab Emirates, 54%**

Pitch Wamda Capital

Another investor of this name exists, and we could not establish from the rounds which of them the press meant. Treat the record below as possibly belonging to either. [Tell us which](https://millionrounds.com/corrections?slug=wamda-capital-2) if you know.

## Wamda Capital highlights

- 01 14 rounds on record
- 02 Mostly Series A and Seed: 83% of its rounds
- 03 Led 5 rounds

## What they do

> Wamda accelerates entrepreneurship ecosystems across the Middle East and North Africa region through its sector-agnostic investment vehicle, Wamda Capital, which invests in high-growth technology and tech-enabled startups. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** Foodtech Edtech Technology
- **Based in:** Dubai, United Arab Emirates
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **14 appearances**

- **2019** 6 rounds
- **Dec** **[Floranow](https://millionrounds.com/company/floranow)** Series A · AE · Wamda **$3.0M** *Led*
- **Dec** **[Flexxpay](https://millionrounds.com/company/flexxpay)** Series A · AE · Thenational **$1.5M** *Led*
- **Nov** **[Tabby](https://millionrounds.com/company/tabby)** Seed · AE · Magnitt **$2.0M** With 2 others
- **Apr** **[eyewa](https://millionrounds.com/company/eyewa)** AE · Wamda **$7.5M** *Led*
- **Apr** **[LUNCH:ON](https://millionrounds.com/company/lunch-on)** Series A · AE · Wamda **$2.5M** *Led*
- **Mar** **[Jamalon](https://millionrounds.com/company/jamalon)** Series B · JO · Entrepreneur **$10M** *Led*
- **2018** 1 round
- **Nov** **[Twiga Foods](https://millionrounds.com/company/twiga-foods)** KE · Wamda **$10M** With 5 others
- **2015** 3 rounds
- **Nov** **[Arabia Weather](https://millionrounds.com/company/arabia-weather)** Series A **$5.0M** With 3 others
- **Sept** **[compareit4me](https://millionrounds.com/company/compareit4me)** Series A · AE **$3.0M** With 2 others
- **Jul** **[littleBits Electronics](https://millionrounds.com/company/littlebits-electronics)** Series B · US **$47M** With 9 others
- **2014** 1 round
- **Jan** **[Instabeat](https://millionrounds.com/company/instabeat)** Series A · LB **Undisclosed** With 2 others
- **2012** 3 rounds
- **Sept** **[Qordoba Books](https://millionrounds.com/company/qordoba-books)** Seed · EG **$500K** With 1 other
- **Sept** **[HelloBooks](https://millionrounds.com/company/hellobooks)** Seed · AE **$500K** With 1 other
- **Jul** **[Zoomaal](https://millionrounds.com/company/zoomaal)** Seed · LB · naharnet.com **Undisclosed** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

FG **Fadi Ghandour** Fadi Ghandour is a general director and management board member i Filing they signed

KT **Khaled Talhouni** Khaled Talhouni is a management board member i Filing they signed

LA **Lana Alamat** Lana Alamat is a management board member i Filing they signed

WF **Walid Faza** Walid Faza is a management board member i Filing they signed

We also hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 1 we have independently watched raise

Wamda Capital

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$56M**

raised in Feb 2015

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$3.0M** the round, not its cheque

Led 5 of 14 rounds **36%**

- **Sole investor:** Never alone
- **Last cheque:** Dec 2019

Rounds by stage said on their site

- Series A said *6*
- Seed said *4*
- Series B said *2*

Cheques by year Led Joined

2012 2019

Often in the room with

- [Jabbar Internet Group](https://millionrounds.com/fund/jabbar-internet-group) 3
- [DASH Ventures](https://millionrounds.com/fund/dash-ventures) 2
- [MBC Ventures](https://millionrounds.com/fund/mbc-ventures) 2

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## Who they invest alongside

The investors most often in the same rounds as Wamda Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Jabbar Internet Group** VC firm **3** rounds together](https://millionrounds.com/fund/jabbar-internet-group)[**DASH Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/dash-ventures)[**MBC Ventures** Company **2** rounds together](https://millionrounds.com/fund/mbc-ventures)

## Recently backed

The latest companies Wamda Capital put money into.

[**Floranow** $3.0M · Dec 2019](https://millionrounds.com/company/floranow)[**Flexxpay** $1.5M · Dec 2019](https://millionrounds.com/company/flexxpay)[**Tabby** $2.0M · Nov 2019](https://millionrounds.com/company/tabby)[**eyewa** $7.5M · Apr 2019](https://millionrounds.com/company/eyewa)[**Jamalon** $10M · Mar 2019](https://millionrounds.com/company/jamalon)

## Quick answers about Wamda Capital

### What does Wamda Capital invest in?

Wamda Capital invests most often at Series A and Seed (83% of the rounds on record), in sectors such as Foodtech, Edtech and Technology.

### How active is Wamda Capital?

14 investments on record, 0 of them in the last 12 months, and it led 5. The most recent was in Dec 2019.

### What has Wamda Capital invested in recently?

Its most recent investments on record: Floranow (Series A, Dec 2019), Flexxpay (Series A, Dec 2019) and Tabby (Seed, Nov 2019).

### How big are Wamda Capital's cheques?

The median round it joins is $3.0M.

### Does Wamda Capital lead rounds?

Yes: it led 5 of its 14 investments on record (36%).

### Where does Wamda Capital invest?

Most of the companies it backs are in the United Arab Emirates (54%), Lebanon (15%) and Jordan (8%).

### Is Wamda Capital investing now?

No investments in the last 12 months; the latest was in Dec 2019.

### Who does Wamda Capital invest alongside?

Most often Jabbar Internet Group (3 rounds together), DASH Ventures (2 rounds together) and MBC Ventures (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=wamda-capital-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=wamda-capital-2)
