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.

Dubai, United Arab Emirates · 71+ investments · 93 portfolio companies

Seed
Early Stage
Digital Health
E-Commerce
EdTech
Fintech
Logistics
Media
SaaS
Headquarters
Dubai, United Arab Emirates
Founded
2014
AUM
$126.0M
Portfolio Companies
93
Total Investments
71
Last Investment
Jan 2026
Geographic Focus
Africa, Middle East and North Africa, Turkey

Investment Thesis

We invest in innovative ventures across various sectors.

Wamda Capital is a Venture Capital firm based in Dubai, United Arab Emirates. It has made 71 investments in Digital Health and E-Commerce, including Skillbee, Walking on Earth and Ziina.

Portfolio93

Co-investors24

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24 co-investors across 148 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×22 · Accelerator ×2 · 60 shared rounds

Investment History

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