Nuwa Capital
Startups
Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market
12:04 am PDT • May 23, 2022
Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. According to this finding, most are used cars;…
Startups
The Food Lab, an Egyptian cloud kitchen provider, raises $4.5M pre-seed for expansion
10:05 pm PDT • April 18, 2022
Per reports, Egyptians spend about 30% of their income on food in a $17 billion restaurant industry, one of the largest in Africa and the Middle East. Yet restaurants in this…
Venture
Middle East and Africa will reap benefits from Nuwa Capital’s newest fund
1:00 am PDT • May 28, 2021
Nuwa Capital, a venture capital firm based in Dubai and Riyadh, announced the first close of its $100 million NVFI fund in February. The close was three-quarters of the target…
