Organization · Venture Capital
Wamda Capital
Wamda Capital is a venture capital firm based in Dubai, UAE, focusing on early-stage investments in technology companies across the MENA region. It operates two funds targeting various stages of business growth.
Overview
What Wamda Capital does
What Wamda Capital is
Wamda Capital is a venture capital firm based in Dubai, UAE, focusing on early-stage investments in technology companies across the MENA region. It operates two funds targeting various stages of business growth.
How it participates in the startup ecosystem
The current public profile supports funder and publisher capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2010
- Approximate age
- About 16 years
- Structured capabilities
- Funder · Publisher
- Last reviewed
- March 31, 2026
Official channels
Find Wamda Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Wamda Capital as a funder
Investment thesis
Wamda Capital focuses on investing in transformational businesses across the MENA region, with a sector-agnostic approach that emphasizes technology-enabled companies. The firm evaluates opportunities through a founder's lens, aiming to create long-term partnerships with entrepreneurs.
Focus narrative
Wamda Capital invests in a diverse range of sectors including technology, fintech, e-commerce, healthcare, and more. The firm operates through two funds: Wamda Capital Fund I, which targets growth-stage businesses (Series A and above), and Wamda Evergreen, which focuses on early-stage technology startups from Seed to Series A. This sector-agnostic investment strategy spans various geographies, including the MENA region, Turkey, and beyond.
Value beyond capital
Wamda Capital adds value to its portfolio companies through strategic guidance, access to a vast network of industry connections, and support in navigating the complexities of scaling a business in the MENA region. The firm emphasizes long-term partnerships and founder-led evaluations to ensure alignment with the entrepreneurs' vision.
Terms and economics
- Typical check
- $500,000–$5,000,000
Focus and fit
- Stages
- Seed · Series A · Series B
- Sectors
- Fintech · E-commerce · Healthcare · Edtech · Logistics · Gaming · SaaS
- Regions
- MENA
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 100
- Recorded notable exits
- Careem, Souq, Yemeksepeti, and Maktoub
Portfolio context
Wamda Capital has invested in over 100 companies, including notable portfolio companies such as Careem, a ride-hailing service acquired by Uber; Mumzworld, an online shopping platform for mothers and children; Holo, a fintech startup providing digital mortgage services in the UAE; Ziina, a peer-to-peer payment app in the UAE; Tamatem Games, a mobile games publisher based in Jordan; Tarfin, a digital platform offering financing solutions for farmers in Turkey; Penny, a B2B marketplace for procurement management in Saudi Arabia; and Insider, a growth management platform for digital marketers based in Singapore.
Capability profile
Wamda Capital as a publisher
Editorial focus
Wamda Capital is a venture capital firm based in Dubai, UAE, focusing on investing in transformational businesses across the Middle East and North Africa (MENA) region. The firm operates through two funds targeting growth-stage and early-stage technology startups, employing a sector-agnostic investment strategy.
Audience value
Wamda Capital provides long-term, patient capital to entrepreneurs, focusing on seed and early-stage technology-enabled companies, and aims to create partnerships that foster growth and innovation in the MENA region.
Format and cadence
- Content formats
- blog
- Primary platform
- Wamda.com
Availability
- Guest pitch state
- Not currently accepting
Audience and focus
- Audience
- Founders · Investors
- Sectors
- Fintech · E-commerce · Healthcare · Edtech · Logistics · Gaming · SaaS
- Regions
- MENA
Flagship work and coverage
Flagship properties
Wamda Capital operates a content platform, Wamda.com, which publishes articles related to the tech ecosystem in the Arab world, including industry announcements, analyses, and interviews.
Notable coverage
Wamda Capital has been featured in various MENA tech press outlets and is well-documented as a leading venture capital firm with notable portfolio companies and successful exits.
Common questions
What to know about Wamda Capital
Upseed classifies Wamda Capital under the Venture Capital organization type. Its current public profile includes funder and publisher capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 31, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.