Saudi Technology Ventures and Middle East Venture Partners led a $18m Series B round in Nana Direct.

Saudi Technology Ventures and Middle East Venture Partners led a $18m Series B round in Nana Direct, an online grocery marketplace platform. The funding round also included participation from current investors Watar Partners, Saudi Venture Capital Company, and Wamda, as well as existing angel investors. "In today’s post Coronavirus world, those companies that have positioned themselves to provide essential services to society in normal and challenging times are going to be the winners in the future, Nana is one of those companies. We are very happy to have invested in them," Fadi Ghandour, Wamda Executive Chairman.