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The Venture Codex

Nuwa Capital

Unit GD-PB-04-05-OF-08, Level 5, Gate District Precinct Bldg 04, DIFC, Dubai, United Arab Emirates

Overview

Nuwa Capital is a radical investment platform reshaping the relationship between founders and capital. The firm specializes in the fields of financial services, venture capital, and private equity. It was founded in 2020 and headquartered in Dubai, UAE.

Total investments
20
Lead investments
7
Investments · 12mo
5
Active investors
7

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Bundle

    Participated · Seed · Jul 2026

    Bundle is developing a blockchain-powered rewards platform that enables brands to combine their incentive budgets into shared reward pools so businesses can offer larger rewards while lowering customer acquisition costs. The startup launched from stealth with founders Bader Al Kalooti and Mostafa Wanas. It announced a $5.5 million pre-Seed round to fund product development and go-to-market activities. The financing round was led by Ethereal Ventures and Further, with participation from Nascent, GSR, Scenius Capital, Anchorage Digital, and Nuwa Capital. Bundle is positioned in the Web3 and rewards space and is headquartered in the UAE. The company aims to attract brands to its pooled-incentive model to create more compelling customer rewards.

  • Aya

    Participated · Series A · Apr 2026

    Founded in 2024 by Munira Al Kadi and Abdulrahman Al Ammar, Aya operates a demand-driven fashion platform that launches trends in real time by testing more than 700 designs each month and producing only items that show clear customer engagement. The company routes manufacturing through a distributed network to enable fast turnaround times and competitive pricing. Aya initially validated its model in the $3 billion abaya market and has since expanded operations, serving over 100,000 customers and growing to more than 60 employees. The startup reported 9x year-on-year growth and plans to use new funding to expand into additional product categories and scale its real-time production model across broader fashion and lifestyle segments.

  • Mantas

    Participated · Seed · Jan 2026

    Mantas is a Dubai-based insurtech startup building parametric insurance products that protect digital-first companies such as fintechs, e-commerce platforms, and SaaS providers from the financial impact of cloud infrastructure interruptions on services like AWS and Azure. Its platform continuously monitors cloud performance in real time, verifies outages through independent data sources, and triggers automatic payouts without the need for traditional claims processing. By combining real-time cloud risk monitoring with automated compensation, Mantas aims to eliminate a critical liability for companies whose revenues depend on uninterrupted cloud availability. The company is led by CEO and Co-Founder Basil Mimi. Newly raised capital will be directed toward advancing its risk-modeling engine, refining the insurance product, and executing early customer deployments across the MENA region and North America. Although still at the seed stage, Mantas is positioning itself as a specialized insurer for modern, cloud-reliant enterprises seeking faster, data-driven coverage.

  • Aydi

    Led · Seed · Oct 2025

    Founded in 2022 by Hassan Fayed, Aydi offers a B2B software suite that lets farmers manage field operations, labor, inputs, costs, traceability, and agronomy decisions from a single platform. The system blends satellite monitoring, predictive analytics, and conversational AI to generate plot-level insights that improve yields and reduce input waste. Its flagship product, Orth, acts as a real-time AI agronomist, guiding growers through challenges such as rising input costs, climate volatility, and limited expert availability. The company’s mission is to make world-class agronomy expertise accessible to every grower, regardless of farm size or location. With new capital in hand, Aydi plans to launch Orth globally and further enhance its AI and predictive analytics capabilities. The platform targets professional growers worldwide and positions itself at the intersection of SaaS, AI, and agriculture. The $7.5 million seed round is the company’s first disclosed fundraising, providing resources to scale product development and international expansion.

  • Gathern

    Participated · Series B · Aug 2025

    Gathern is a Riyadh-based peer-to-peer (P2P) vacation rental marketplace founded in 2017 by Latifa Altamimi. The platform offers users rental properties — including villas, apartments and yachts — listed directly by owners. It is the first company in Saudi Arabia licensed by the Ministry of Tourism for P2P rentals, allowing property owners to rent without individual licences. The company plans to use new funding to support IPO preparation, inbound travel growth, expansion into long-term rentals and AI-driven technology upgrades. In 2021 Gathern raised a $6M Series A led by STV with participation from Vision Ventures and 500 Startups. Most recently it completed a Series B round valuing the company at over $266M.

Team

  • Ziad Al Tunisi

    Group Chief Executive Officer

  • Khaled Talhouni

    Founder & Managing Partner

    LinkedIn
  • Nitin Reen

    LinkedIn
  • Arnav Danthi

    Senior Associate

    LinkedIn