Nowlun, a rising star in the digital freight forwarding industry across the Middle East and North Africa (MENA), has successfully raised $1.7 million in seed funding. Led by Nama Ventures and A15, the funding round also saw participation from Sanabil 500 Global and several prominent angel investors. The new investment is set to propel Nowlun’s ambitious growth plans and fuel advancements in its innovative technology platform, which is transforming logistics operations in the region.
Launched in 2021 by Moataz Khamis (CEO), Mahmoud Khaled (CTO), and Ahmed Emara (COO), Nowlun has rapidly positioned itself as a key player in MENA’s logistics market. By integrating with all major shipping lines, the company provides businesses with real-time pricing, enabling them to make faster and more informed shipping decisions. The platform’s advanced shipment management system acts as a control tower, giving users real-time visibility into cargo movements, instant notifications, and tools to address challenges proactively.
“Throughout my decade in logistics, I’ve witnessed the daily inefficiencies shippers face,” said Moataz Khamis, CEO and co-founder of Nowlun. “Driven by a sense of responsibility, my team and I are committed to transforming the industry using cutting-edge technology. This funding will empower us to further simplify the shipping process and make shippers’ lives easier.”
The Nowlun platform offers instant, transparent, and competitive ocean freight rates alongside streamlined shipment management. By providing businesses with comprehensive insights and tools, the company aims to address long-standing inefficiencies in the logistics industry and drive greater transparency and efficiency across supply chains.
Investors have been drawn to Nowlun’s strong market traction and its potential to disrupt the logistics industry. “Nowlun is a very interesting investment for us at Nama Ventures,” said Mohammed Alzubi, founder and managing partner of Nama Ventures. “We were impressed by their deep domain expertise, strong traction in the Saudi market, and clear vision for disrupting the logistics space. We have no doubt that Nowlun has the right team to lead this transformation.”
Echoing this sentiment, Bassem Raafat, Principal at A15, added, “We are thrilled to partner with Nowlun in their mission to revolutionize the freight forwarding industry. Their unique combination of deep domain expertise and cutting-edge technology positions them to make a transformative impact. We have great confidence in Nowlun’s team and their vision to drive efficiency, transparency, and innovation across the supply chain ecosystem.”
The MENA logistics market is ripe for disruption, and Nowlun’s technology-driven approach is poised to address critical pain points for businesses in the region. By combining real-time freight rate insights, an intuitive shipment management system, and proactive cargo tracking, the company is setting a new standard for freight forwarding.
With this latest round of funding, Nowlun plans to accelerate its expansion, refine its technology platform, and continue its mission of simplifying logistics for businesses across the region. As the company scales, it is set to play an increasingly pivotal role in driving efficiency, transparency, and innovation in the MENA supply chain ecosystem.
