Nowlun, an Egypt-based freight and logistics platform, has raised an additional $600,000 in its Seed Round from  Ingressive Capital.

More to Know:

• Nowlun offers a digital platform to simplify global freight and logistics across the MENA region, focusing on full container load (FCL) and bulk cargo shipments.
• Recently launched its dynamic pricing engine “Bulk,” enabling instant access to sea freight options.
• The new investment will be used to develop an AI logistics assistant aimed at improving efficiency and reducing costs, while expanding footprints in the Egyptian and Saudi markets
• The new investment brings Nowlun’s total seed round funding to $2.3 million, following a previously announced $1.7 million in December 2024 backed by Nama Ventures, A15 and others
• Founded by Moataz Khamis, Mahmoud Khaled, and Ahmed Emara in 2021

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