Wamda MENA Ventures Fund I
What we do
Dubai Design District,
United Arab Emirates
Wamda Capital was established in 2014 as a multistage, sector-agnostic venture capital firm investing in tech start-ups throughout the Middle East and North Africa (MENA) region. The firm’s first fund, Wamda MENA Ventures I, is a US$70 million venture capital fund with investments focused in early- and growth-stage technology companies based on highly scalable and capital-efficient business models operating in the MENA region, including Turkey.
The fund focuses on taking minority positions in companies and providing ongoing and in-depth strategic support; access to lucrative markets in the GCC through unique partnership programmes; and in-depth subject matter expertise in key segments such as shared economy, e-commerce, digital content, fintech, and B2B e-offerings.
Wamda MENA Ventures I operates in conjunction with the Wamda Platform, a self-sufficient ecosystem enabler with programmes and networks aimed at accelerating entrepreneurship ecosystems in the MENA region.
The fund’s team previously launched and operated a seed stage investment vehicle, MENA Venture Investments.
As a limited partner, Crescent Enterprises monitors the portfolio of Wamda Capital and provides strategic support through representation on Wamda MENA Ventures’ Advisory Board.