Egypt’s Nowlun Raises Additional $600K in Seed Round

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

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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