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Nowlun provides digital freight forwarding services tailored to businesses in the Middle East. It uses technology to streamline shipping, offering real-time shipment tracking, instant sea freight quotes, and a centralized shipment dashboard so clients can monitor exact location and status of their shipments at any moment. The company earns through service fees and freight charges as it coordinates carriers, data, and documents to move goods efficiently. Its differences lie in its regional focus, emphasis on transparency and visibility, and an integrated, data-driven platform that combines tracking, quotes, and dashboards to simplify logistics. Nowlun aims to deliver a stress-free, efficient, and transparent shipping experience that builds trust and loyalty with its customers.
Industries
Data & Analytics
Automotive & Transportation
Industrial & Manufacturing
Enterprise Software
Company Size
51-200
Company Stage
Seed
Total Funding
$2.8M
Headquarters
Alexandria, Egypt
Founded
2022
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Total Funding
$2.8M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Health Insurance
Stock Options
Egyptian startup Nowlun, specializing in digitizing maritime shipping services, has raised an additional $600k in a Seed funding round led by Ingressive Capital, closing the round at $2.3 million. Previous investors include Nama Ventures, A15, and Sanabil 500 Global. The funds will be used to develop AI-based smart logistics tools, expand the team, and grow operations in Egypt and Saudi Arabia.
Nowlun raises additional $600,000 to close $2.3 million seed round.
Nowlun, an Egyptian logistics startup, has raised $1.7 million in seed funding led by Nama Ventures and A15, with participation from angel investors and Sanabil 500 Global. Founded in 2021, Nowlun aims to enhance its online freight forwarding platform, offering real-time cargo tracking and competitive pricing. CEO Moataz Khamis plans to use the funds to streamline shipping processes and improve user experience. The company has shown strong traction in the Saudi market.
The fresh capital will enable Nowlun to expand its operations and further develop its proprietary technology platform, which offers businesses instant access to transparent ocean freight rates, streamlined shipment management tools, and real-time cargo tracking.
Egypt-based logistics startup Nowlun has raised $1.7 million in seed funding, led by Nama Ventures and A15, with participation from Sanabil 500 Global and other angel investors.
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Industries
Data & Analytics
Automotive & Transportation
Industrial & Manufacturing
Enterprise Software
Company Size
51-200
Company Stage
Seed
Total Funding
$2.8M
Headquarters
Alexandria, Egypt
Founded
2022
Find jobs on Simplify and start your career today