Nama Ventures Fund I
Nama Fund I is a SAR 120 million (USD 32 million) early-stage fund that backed pre-seed and seed-stage startups across the MENA region, with a strong focus on Saudi Arabia.
Nama Fund I was raised from high-net-worth individuals, family offices, and institutional investors.
The fund proudly invested in two of the region’s unicorns: Salla and Tamara. Led by Silicon Valley veterans, the fund also made selective global investments—most notably in Brev.dev, a developer infrastructure startup acquired by NVIDIA.
Nama Fund I focused on backing strong founding teams and guiding them from early idea to scalable growth across local and international markets.