The Benefits of Cloud-based Accounting for Startups
In the fast-paced world of startups, every decision counts. Choosing the right accounting system can be a game-changer, impacting everything from cash flow to growth strategies. Traditional desktop software or manual spreadsheets might seem familiar, but cloud-based accounting offers a future-proof solution with significant advantages, especially for startups. Let’s dive
NVIDIA Acquires Brev.dev, a Portfolio Company of Nama Ventures
Nama Ventures, a leading venture capital firm in the MENA region, is pleased to announce the acquisition of Brev.dev, a portfolio company that empowers startups to access AI chipsets, by NVIDIA, a global leader in AI technology. Founded by Nader Khalil and Alec Fong, Brev.dev is an AI and ML
How can a business Adapt and Thrive in a Changing Market
Cultivate a Culture of Adaptability: Encourage a willingness to learn, experiment, and embrace change throughout the organization. This empowers employees to identify and respond to new market opportunities. Embrace Innovation: Be open to exploring new ideas and technologies that can improve your business or create entirely new product or service
Ensuring a Healthy Cash Flow: Effective Accounts Receivable Management for Startups
Cash flow is the lifeblood of any business, but for startups, it’s especially critical. Without a steady stream of incoming funds, even the most brilliant idea can struggle to take flight. This is where effective accounts receivable (AR) management comes in. What is AR and Why Does it Matter? AR
Lead Investors: What Do They Do and Does Your Startup Need One?
Imagine a startup venturing into the wild world of fundraising. Securing funds is crucial for survival, but often, it’s not a solo adventure. Many startups find themselves partnering with a lead investor, a key player who guides the pack of additional funders. But what exactly does a lead investor do,
Metrics Founders Follow that they Shouldn’t
In the dynamic world of entrepreneurship, metrics reign supreme. Founders, eager to gauge their startup’s success, often turn to various indicators to measure progress and performance. However, not all metrics are created equal. While some offer valuable insights into the health of a business, others are merely vanity metrics –
Preparing for Audits: What Tech Startups Need to Know
Your tech startup is on fire! Growth is exciting, but it can also trigger the need for an audit. Investors, regulations, or just good business sense might necessitate one. Regardless of the reason, understanding the audit process is key for tech startups. This blog will equip you, the founder, with
4 Important Questions to Ask your First Hires
The initial team you assemble significantly impacts your startup’s trajectory. These first few hires will establish your company culture, define workflows, and contribute directly to early success. However, with limited resources and a vast pool of applicants, selecting the most suitable talent can be challenging. Here are 4 crucial questions
Revolutionizing Storage Solutions in the MENA Region: How Cargoz is Leading the Way
Warehousing plays a crucial role in the supply chain, ensuring smooth operations for businesses across the Middle East and North Africa (MENA) region. In this landscape, Cargoz emerges as a pivotal platform transforming and enhancing the warehousing industry in the area. Cargoz isn’t just your average marketplace for warehousing solutions;
The E-commerce Boom in MENA: Fueling Innovation and Venture Capital Growth
The Middle East and North Africa (MENA) region is experiencing a digital revolution, with one industry at the forefront: e-commerce. Expected to reach a market size of USD 214 billion by 2025, e-commerce is not only the fastest-growing sector in MENA but also holds tremendous potential for future growth. With
Navigating Business Models in the Start-up World: Nama Ventures as a Strategic Investor
In the fast-paced world of start-ups, where innovation meets opportunity, choosing the right business model is crucial for long-term success. Whether it’s peer-to-peer lending, subscription services, or SaaS models, the landscape is vast, and each model comes with unique benefits and challenges. This article explores how Nama Ventures, a prominent
PIESHIP closes an investment round by Nama Ventures & SEEDRA Ventures & and other Angel investors
A Saudi-based company, PIESHIP, has closed an undisclosed pre-seed investment round by SEEDRA Ventures, Nama Ventures, and angel investors. PIESHIP was founded in 2023 by Nasser Alharthi, Musaed Al-Amri, and Mohammed Mohsen. The company specializes in warehouse management solutions, an application for delivering shipments, and technical solutions for logistics services.
Saudi Arabia’s Transformation: 18 Megaprojects Shaping the Kingdom’s Future
The Kingdom of Saudi Arabia is undergoing a remarkable transformation driven by 18 ambitious megaprojects and a burgeoning venture capital (VC) scene. These forces are intertwined, shaping the nation’s future as it seeks to diversify its economy and reduce its reliance on hydrocarbons. 1. Neom: A futuristic $500 billion giga-project
Rize closes a Seed investment round worth 2.9 million dollars
In affirmation of its pioneering and innovative vision, Rize has announced the closure of its seed round raising $2.9 million. Concurrently, the company has raised additional funds through debt to bolster its investments in the real estate sector. The round witnessed participation from the investment VCs including Seedra Ventures, Hala
Why Investors Should Invest in the Venture Capital Asset Class (and Why Nama Ventures Stands Out)
Venture capital (VC) investing might appear like a gamble, but within the intricate game of finance, it holds significant long-term potential. Beyond the excitement of backing transformative ideas, investing in VC funds like Nama Ventures offers a range of financial and societal benefits. Let’s explore why venture capital should be
The 3 Most Important Matters in Accounting that Tech Startups Need to Understand
It’s no secret that the world of technology startups moves fast. But amidst the whirlwind of innovation and rapid growth, it’s crucial not to neglect the foundational aspects of your business – one of which is accounting. While the numbers might not seem as exciting as your groundbreaking product, a
iStoria Successfully Closes a 5 Million Saudi Riyal Seed Investment Round
iStoria, a specialized application for teaching the English language, is thrilled to announce the successful completion of its Seed investment round, securing a total of 5 million Saudi riyals in funding. This milestone was achieved with the support and participation of notable investors including Nama Ventures، Classera, Flat6Labs, BIM Ventures,
Saudi Arabia: A Fertile Ground for Tech Innovation
Saudi Arabia’s startup ecosystem is witnessing unprecedented growth, driven by robust government support, a rapidly expanding tech market, and a thriving pool of talented entrepreneurs. At the heart of this transformative movement is Nama Ventures, a leading venture capital firm committed to fostering and advancing tech innovation across the Kingdom.
Cargoz raises undisclosed Seed round, led by Nama Ventures and other major Saudi investors
January 2nd, Dubai, UAE. Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who have extra capacity, its similar to AirBnb but for commercial storage & warehousing, has secured Seed funding lead by Nama Ventures with participation of RAZ Holding, Innovest Properties, and key
Unlocking Your Startup’s Potential: Understanding Total Addressable Market (TAM)
In the fast-paced world of startups, one of the most critical factors for success is understanding the potential your venture holds within its target market. A key tool in assessing this potential is the Total Addressable Market (TAM). This article explores TAM, its importance to startups, and how to calculate
