Wamda Capital

Wamda Capital is a prominent venture capital firm based in Dubai, with an additional office in Jordan, that was established in 2010. It specializes in investing in high-growth technology businesses within the MENA region, focusing on exceptional entrepreneurs. The firm targets both seed and growth-stage investments, particularly in the financial services, consumer goods, and technology sectors. Wamda Capital aims to support its portfolio companies through successive rounds of financing, guiding them toward successful exits.

Walid Faza

Partner and Investment Principal

Fadi Ghandour

Chairman and CEO

Fares Ghandour

Partner

Past deals in Jordan

Tamatem

Series A in 2020
Tamatem Inc. is a mobile gaming studio and publishing company headquartered in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem focuses on developing and localizing games for Arabic-speaking smartphone users, addressing a significant market gap. The company collaborates with international studios and developers to publish various genres, including MMO-RPG, strategy, racing, puzzle, and trivia games, ensuring these titles are culturally relevant for the Arabic gamer. With a strong emphasis on localization, user acquisition, and monetization strategies, Tamatem has successfully published over 40 games that collectively have garnered more than 50 million downloads. As a leader in the MENA market, Tamatem's expertise aids in enhancing game visibility and revenue potential for its partners.

liwwa

Series A in 2019
liwwa connects small businesses in need of capital with people who want to invest in them. The company’s peer-to-peer lease-to-own model addresses the capital access and interest-free investor return opportunities. Liwwa conducts in-house reviews of a small business's creditability and enables them to pay a monthly fee to investors. Founded in 2013, Liwwa raised seed funding with DASH Ventures, al Etihad, and MENA Venture Investments, which it plans to use to hire several new team members, including an underwriting team and to support a new product offering.

Floranow

Series A in 2019
Floranow.com operates as an online floral market. The company offers cut flowers from selected growers in Holland, Kenya and Thailand to flower shops, hotels and event organizers across the GCC and Jordan. Floranow.com was founded in 2016 and is based in Dubai, United Arab Emirates.

Jamalon

Series B in 2019
Jamalon, Inc. is the largest online bookstore in the Middle East, established in 2010 and headquartered in Amman, Jordan. The company specializes in providing a vast selection of over 9.3 million titles in both Arabic and English, sourced from approximately 30,000 publishers. Jamalon offers home delivery services and customizable payment methods tailored to the needs of customers in the region, making it a prominent player in the online retail market for books.

Mumzworld

Series B in 2018
Mumzworld.com operates an online shopping site that sells products for kids, babies, and moms. The company offers diapers, feeding products, toys, outdoor products, bathing solutions, clothes, safety products, nursery equipment, and books. It serves customers in the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, and internationally. The company was founded in 2011 and is based in Dubai, United Arab Emirates with representative offices in the United Arab Emirates and Saudi Arabia.

Tamatem

Series A in 2018
Tamatem Inc. is a mobile gaming studio and publishing company headquartered in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem focuses on developing and localizing games for Arabic-speaking smartphone users, addressing a significant market gap. The company collaborates with international studios and developers to publish various genres, including MMO-RPG, strategy, racing, puzzle, and trivia games, ensuring these titles are culturally relevant for the Arabic gamer. With a strong emphasis on localization, user acquisition, and monetization strategies, Tamatem has successfully published over 40 games that collectively have garnered more than 50 million downloads. As a leader in the MENA market, Tamatem's expertise aids in enhancing game visibility and revenue potential for its partners.

Nestrom

Seed Round in 2018
Nestrom Inc. is an agricultural technology company based in Amman, Jordan, founded in 2016. The company specializes in developing farm management systems that utilize advanced technologies to enhance agricultural operations. Nestrom offers a range of software solutions, including Farm Management Software, which enables farm managers to track and optimize efficiency and costs at the field level. Additionally, their Workforce Management System allows for the monitoring of field workers’ activities and movements using affordable Android devices. The company's Precision & Automation Systems facilitate environmental monitoring, further streamlining agricultural processes. Nestrom aims to transform traditional farms into smart farms, empowering farm owners to manage operations effectively and trace costs against outputs at both macro and granular levels.

Floranow

Seed Round in 2017
Floranow.com operates as an online floral market. The company offers cut flowers from selected growers in Holland, Kenya and Thailand to flower shops, hotels and event organizers across the GCC and Jordan. Floranow.com was founded in 2016 and is based in Dubai, United Arab Emirates.

Kharabeesh

Series B in 2016
Kharabeesh Limited is a media and entertainment network based in Amman, Jordan, established in 2008. It is recognized for creating artistic video content that addresses social and political issues, primarily targeting Arabic-speaking youth. Kharabeesh operates as a multi-channel network, producing and co-producing a variety of shows, animations, music, and short films that are distributed via YouTube and social media platforms. The company aims to enhance Arabic e-content and engage with online audiences, making it a prominent player in the digital entertainment landscape. As a subsidiary of Think Arabia, Kharabeesh combines elements of production, animation, and comedy to appeal to a diverse viewership across the Arab world.

Mumzworld

Series A in 2016
Mumzworld.com operates an online shopping site that sells products for kids, babies, and moms. The company offers diapers, feeding products, toys, outdoor products, bathing solutions, clothes, safety products, nursery equipment, and books. It serves customers in the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, and internationally. The company was founded in 2011 and is based in Dubai, United Arab Emirates with representative offices in the United Arab Emirates and Saudi Arabia.

Arabia Weather

Series A in 2015
Arabia Weather features hourly-updated weather forecasts and alerts in United Arab Emirates.

Jamalon

Series A in 2015
Jamalon, Inc. is the largest online bookstore in the Middle East, established in 2010 and headquartered in Amman, Jordan. The company specializes in providing a vast selection of over 9.3 million titles in both Arabic and English, sourced from approximately 30,000 publishers. Jamalon offers home delivery services and customizable payment methods tailored to the needs of customers in the region, making it a prominent player in the online retail market for books.