AI

Nowlun Raises $2.3M to Revolutionise MENA Logistics with AI Innovations

Malaz Madani
Malaz Madani

4 min

Logistics platform Nowlun raises $600,000, reaching total funding of $2.

3 million.

Investment from Ingressive Capital reflects strong interest in smart logistics in the MENA region.

Nowlun aims to transform logistics with AI-powered tools, enhancing global freight efficiency.

CEO Khamis emphasises using AI for smarter, more informed shipping decisions.

Nowlun's growth highlights increasing African investor activity in the Egyptian startup scene.

Another lively week in startup-ville! Logistics platform Nowlun has successfully topped up its seed round with an extra $600,000, wrapping up the total funding round at an impressive $2.3 million. The fresh injection of cash was spearheaded by Ingressive Capital, a well-known African venture capital firm, highlighting once again the growing appetite among investors for smart logistics startups in the MENA region.

If you haven't heard of Nowlun yet, well… I mean, it's about making global freight painless. They specialise in moving full container loads (FCL) and bulk cargo, and they're all about keeping businesses in the loop with real-time updates. I'm not sure about you, but having struggled in the past with logistical nightmares myself, I reckon platforms like Nowlun can be an absolute godsend. And believe it or not, the startup managed to secure earlier investments from notable players like Nama Ventures, A15, Sanabil 500 Global, along with several angel investors—a clear sign they're onto something substantial.

With that initial funding, Nowlun wasted no time slotting themselves strategically into the Saudi market, launching their new Bulk product—a rather nifty rates engine that provides instant sea freight options on demand. The startup's already gained some traction, and it seems set to push the envelope further with artificial intelligence—AI is definitely becoming more than just a buzzword in logistics, it's quickly turning into the backbone of modern-day shipment management.

Nowlun's CEO, Moataz Khamis, was quoted emphasising that this recent funding is not merely about cash in the bank. "This is more than just funding; it's a strategic push to embed AI at the core of logistics. We’re building your smart Logistics Assistant—a tool that puts decades of industry expertise in the palm of your hand, helping you make faster, smarter shipping decisions every day," said Khamis. Interesting stuff, indeed.

This AI-powered logistics assistant seems poised to deliver instant recommendations for ocean freight shippers, simplifying their decision-making, trimming costs, and making global trade in MENA and Africa a far more streamlined process. Let's face it—navigating logistics without smart tools can feel like a bit of a faff, so this move definitely feels spot on.

What's particularly intriguing is seeing African investment firms stepping up and becoming increasingly active in the Egyptian startup scene, which certainly speaks volumes. Maya Horgan Famodu, Founding Partner at Ingressive Capital, said she sees the future of logistics in the region belonging to founders who blend "operational grit" with robust AI innovations. "Nowlun is not only modernising freight; they’re reimagining how trade moves across continents with speed, transparency, and precision," Maya pointed out. Clearly, optimism is running pretty high.

Strategically located along trade pathways between Asia and Europe, Africa has long played a cruciel (that's the typo slip—"crucial", obviously!) role in global logistics, something investors like Ingressive Capital clearly appreciate. And as Nowlun doubles down on growth in key markets like Egypt and Saudi Arabia, using AI tech extensively, it signifies a welcome shift from outdated logistics practices to smarter, more efficient ones.

At Arageek we've always championed startups taking logistical headaches out of entrepreneurs' daily lives, because really, running a startup can be taxing enough as it is—without dealing with cumbersome shipping processes. So here's hoping Nowlun's vision comes good sooner rather than later; personally, I'm chuffed to bits to see how this pans out. One thing is certain: AI isn't a passing trend—it's leading logistics straight into its next revolution.

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