Wamda Capital
Overview
Wamda Capital is a prominent venture capital firm based in Dubai, UAE, founded in 2010 by Fadi Ghandour. The firm specializes in investing in early-stage and seed technology startups across the MENA region, Turkey, and Sub-Saharan Africa. Wamda Capital operates through two main investment vehicles: Wamda Capital Fund I, a $70 million fund, and Wamda Seed, an evergreen fund that provides flexible capital to startups from Seed to Series A stages. The firm aims to accelerate entrepreneurship ecosystems by investing in high-growth technology startups. Wamda Capital combines financial investment with operational expertise, guiding startups from their initial ideas to successful exits. It has invested in over 100 companies, including notable names like Careem and Souq. In addition to capital investment, Wamda Capital supports the broader entrepreneurship ecosystem through community development, networking events, and advisory services for corporate and government stakeholders
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