Nuwa Capital

Nuwa Capital, established in 2020 and headquartered in Dubai, United Arab Emirates, operates as a prominent venture capital firm with a dedicated focus on early-stage technology companies within the Middle East and North Africa (MENA) region. Positioned as a "radical investment platform," Nuwa Capital aims to redefine the relationship between founders and capital, emphasizing a collaborative and supportive approach rather than just transactional funding. Their mission revolves around identifying and nurturing disruptive technologies that address significant challenges and opportunities prevalent across the region.

The firm maintains a sector-agnostic investment philosophy, demonstrating flexibility in its portfolio choices while consistently seeking out innovative solutions. Nuwa Capital primarily targets Seed, Pre-Series A, and Series A funding rounds, indicating their commitment to supporting startups during critical early growth phases. Their typical first cheque size ranges from a substantial $250,000 up to $5 million, providing significant capital for nascent ventures to scale their operations and expand their market reach. This broad range allows them to accommodate various stages of early-stage development.

Nuwa Capital has rapidly built a robust portfolio, having invested in over 30 companies spread across 7 different countries within the MENA region. This extensive reach underscores their commitment to fostering a diverse and dynamic startup ecosystem. Their inaugural fund, Nuwa Capital Fund I, successfully closed at an impressive $75 million in February 2023, surpassing its initial target of $50 million. This significant capital base empowers Nuwa Capital to continue its strategic investments, supporting the next generation of tech innovators and contributing to the economic diversification of the region.