Wamda Capital

Venture Capital

Wamda Capital is a Dubai-based evergreen venture capital firm founded in 2010 by Aramex founder Fadi Ghandour. Investing through Wamda Capital - Fund I and Wamda Capital - Evergreen, the firm has backed 100+ MENA-region startups since inception -- including Maktoob, Souq, Yemeksepeti, Careem, and Mumzworld -- pairing patient, long-term capital with founder-level operating experience.

Wamda Capital was founded in 2014, is headquartered in Dubai, United Arab Emirates, has 74 recorded investments, and includes 88 companies in its recorded portfolio.

Seed
Early Stage
Digital Health
E-Commerce
EdTech
Fintech
Logistics
Media
SaaS
Headquarters
Dubai, United Arab Emirates
Founded
2014
AUM
$126.0M
Portfolio Companies
88
Total Investments
74
Last Investment
Jan 2026
Geographic Focus
Africa, Middle East and North Africa, Turkey

Indexed holds 88 portfolio companies and 74 funding rounds for this investor. The full record is or through the API.

Investment Thesis

We invest in innovative ventures across various sectors.

Wamda Capital is a Venture Capital firm based in Dubai, United Arab Emirates. It was founded in 2014. It has made 74 investments, including Skillbee, Walking on Earth and Ziina. Focus areas include Digital Health and E-Commerce.

Portfolio88

Co-investors24

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24 co-investors across 155 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×23 · Accelerator ×1 · 53 shared rounds

Investment History

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Wamda Capital on Indexed.vc
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