About Negma Group
Negma Group is a private equity firm founded in 2013. It is primarily based in Dubai, United Arab Emirates. As of Feb 2026, Negma Group has a portfolio of 31 companies, comprising 29 funding rounds and 2 acquisitions. The firm primarily invests in companies based in United States and Nigeria. Its portfolio is spread across a wide range of sectors from Enterprise Applications to FinTech. Its latest investment was a $***** Seed round in Elevate on Jun 06, 2024
Overall Negma Group portfolio has seen 1 unicorn and 3 IPOs including key companies like Navya Technology, Allarity Therapeutics and Kitopi. A lot of funds co-invest with Negma Group, with names like Park Partners GP sharing a substantial percentage of its portfolio.
Negma Group has a team of 15 people, including 6 partners.
Key Metrics
Founded Year
2013
Location
Dubai, United Arab Emirates
Portfolio Companies
Portfolio Sectors
Portfolio Locations
Acquisition Deals
Investment Deals
Negma Group's Portfolio
Negma Group has a portfolio of 31 companies. They have invested in a total of 29 companies. Their most recent investment was in Elevate (Seed round) on Jun 06, 2024. Here are the most recent investments by Negma Group:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Jun 06, 2024 | Seed | 6793 | - | |
Nov 15, 2023 | Seed | 1157 | and 3 others | |
Jul 20, 2022 | Post IPO | 5922 | - | |
Jun 16, 2021 | Post IPO | 3914 | - |
Negma Group has acquired 2 companies. Their most recent acquisition was of Zilli on Dec 14, 2021. Here are the most recent acquisitions by Negma Group:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Dec 14, 2021 | Internet first brand offering apparel wear and footwear for men | - | 1965 | |
Dec 13, 2021 | Online retailer of furniture | - | 2008 |
Here is the portfolio snapshot of Negma Group:
Investments by Year
The maximum number of investments were made in 2024
Acquisitions by Year
The maximum number of acquisitions were made in 2021
Portfolio by Location
Companies are primarily in United States and Nigeria
Portfolio by Sector
Companies are primarily in Enterprise Applications
Team profile of Negma Group
Negma Group has a team of 15 members including 6 Partners and 4 Principals located in United Arab Emirates, France and 2 more locations. Negma Group's team does not sit on the board of any company as of now.Here is a list of top team members in Negma Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Arab Emirates | - | - | |
Partner | United Arab Emirates | - | ||
Partner | United Arab Emirates | - | ||
Partner | France | - | ||
Partner | France | - | ||
Partner | Dubai | - | ||
Principal | United Arab Emirates | - | ||
Principal | Milan | - | ||
Principal | United Arab Emirates | - | ||
Principal | United Kingdom | - | - |
Co-investors of Negma Group
Over the past 13 years, 4 investors have co-invested in Negma Group's portfolio companies.
- Top Co-investors of Negma Group: 4 investors entered a company along with Negma Group. These include investors like Park Partners GP (1 company).
Negma Group News
•
Starting in war-torn Sudan, YC-backed Elevate now provides fintech to freelancers globallyTechCrunch+•Jun 06, 2024•Elevate, Elevate, Y Combinator, Goodwater Capital and 7 others
•
Evaxion announces financing commitments totaling up to USD 20 million with Negma GroupGlobeNewswire•Aug 01, 2023•Evaxion Biotech, Negma Group
•
Mendus redeems the outstanding convertible bonds from Negma GroupGlobeNewswire•Apr 06, 2023•Mendus, Negma Group
•
Mendus announces request for conversion of convertible bonds by Negma GroupGlobeNewswire•Mar 21, 2023•Mendus, Negma Group
•
Mendus announces request for conversion of convertible bonds by Negma GroupGlobeNewswire•Mar 09, 2023•Mendus, Negma Group
•
Oxurion Receives Transparency Notification from Negma GroupGlobeNewswire•Mar 02, 2023•Oxurion, Negma Group
•
Mendus AB: Mendus announces request for conversion of convertible bonds by Negma GroupGlobeNewswire•Feb 23, 2023•Mendus, Negma Group
•
Oxurion Receives Transparency Notifications from Negma GroupGlobeNewswire•Feb 17, 2023•Oxurion, Negma Group
•
Oxurion Receives Transparency Notifications from Negma GroupGlobeNewswire•Feb 03, 2023•Oxurion, Negma Group
•
