# Walled City Co.

> Walled City Co. is a VC fund in Lahore backing E-Commerce, Software and Logistics. See 21 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Lahore, Pakistan
- Total investments: 21
- Last investment: May 2022
- Lead investor: 24%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/walledcity/
- X (Twitter): https://twitter.com/WalledCityCo
- Website: https://walledcity.co
- Facebook: https://www.facebook.com/WalledCity.Co/

Walled City Co. is a VC fund in Lahore focused on E-Commerce and Software. Walled City Co. – investment syndicates for seed and early-stage start-ups & entrepreneurs. We focus on long-term value by partnering with knowledgeable, innovative & passionate founding teams leveraging technology for Pakistan-centric market opportunities. We believe raising capital is the easiest part and that’s why we don’t just investcapital in start-ups; we provide them the resources to dream big . . . from a peer-network of fellow founders in the community to connections with the best in the world of data & technology, business management, human capital, allied services, and of course our strong network of angels, advisors, board members, champions, investors & partners, who help steer them to the next steps of progress, adding value to the economy and building large valuable enterprises in the process. At the core of Walled City Co.’s investment ideology is our strong belief in coopetition – competition & cooperation put together & therefore we primarily invest in seed and early-stage start-ups & entrepreneurs . . . those who are ready to build their start-up spaceship! In short, we are the foundation of the strong walls to build the launch site of the start-up spaceship. If you are actively pursuing a start-up in these verticals or you know a stellar founding team in any of these verticals, let's talk! Agriculture, Consumer, Education, Engineering, Fashion & Design, Financial Services, Last-Mile, Shared Economy, Supply-Chain Leap of faith: Pakistan is at the cusp of a technology revolution and angel investments get you a front-row seat on this amazing ride. You can go at it all by yourself or get ahead of the curve and co-invest with our Sultans. Confidentiality, Trust & Respect are the cornerstones of our investment ideology. Join Walled City Co., Pakistan’s premier angel investment syndicates, to be amongst like-minded angels and be the first to learn about investment opportunities in emerging companies.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$2.2M |
| Pre-Seed | $320k–$3.3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 14% |
| Software | 2 | 10% |
| Logistics | 2 | 10% |
| Developer Tools | 2 | 10% |
| Supply Chain Management | 2 | 10% |

41 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 8 | 38% |
| Seed | 4 | 19% |
| Angel | 1 | 5% |
| Series A | 1 | 5% |
| Funding Round | 1 | 5% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Pakistan | 10 | 48% |
| United States | 3 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ezBike | ezBike is Pakistan’s leading electric mobility company, pioneering sustainable transport through electric bike solutions. Launched in 2020 with the country’s first electric scooter-sharing service, ezBike now leads in motorcycle conversions and battery swapping. Our flagship service converts 70cc petrol bikes to electric, cutting costs by up to 70%and eliminating fuel use. With deployments across Foodpanda, inDrive, TCS, and Leopards Courier, and 40 active battery swap stations, ezBike is transforming last-mile delivery. We offer batteries-as-a-service to reduce upfront costs, making electric mobility more accessible. Each bike saves 1 ton of CO₂ and reduces maintenance by 60%. | $1.5M | Pre-Seed | May 13, 2022 |  |
| Oware | Oware is a cloud-based supply chain and logistics management platform that provides tools for warehouse management, transportation tracking, order management, manufacturing workflows, and supply chain visibility for manufacturers and third-party logistics providers. The platform includes modules for inventory control, shipment tracking,collaboration, and operational analytics designed to help businesses manage logistics operations through a centralized system. | $3.3M | Pre-Seed | Apr 27, 2022 |  |
| Tazah Technologies | Tazah's mission is to improve the lives of producers, businesses and consumers by building a tech-enabled OS for food and agri supply chain of Pakistan | $2M | Pre-Seed | Oct 05, 2021 |  |
| Grandeur | Grandeur is the backend as a service (BaaS) platform for IoT. Founded in 2020 and based in San Jose, California, United States. |  | Pre-Seed | Sep 07, 2021 |  |
| Jugnu | Jugnu aims to uplift Pakistan’s economy by lighting up livelihoods of small to medium sized retailers via access to wider product catalog, transparent pricing, reliable service and financial services. | $1.9M | Seed | Jul 01, 2021 |  |
| Inventhub | Inventhub, a platform for securely managing and collaborating on electronics design data. It offers set of tools which provide an improved way for hardware companies to manage their electronics projects and allow early collaboration on the data of those projects, leading faster to commercialization. |  | Convertible Note | Jun 06, 2021 |  |
| Inventhub | Inventhub, a platform for securely managing and collaborating on electronics design data. It offers set of tools which provide an improved way for hardware companies to manage their electronics projects and allow early collaboration on the data of those projects, leading faster to commercialization. |  | Convertible Note | Jun 06, 2021 |  |
| Inventhub | Inventhub, a platform for securely managing and collaborating on electronics design data. It offers set of tools which provide an improved way for hardware companies to manage their electronics projects and allow early collaboration on the data of those projects, leading faster to commercialization. |  | Convertible Note | Jun 06, 2021 |  |
| GrocerApp | GrocerApp is a low-price online supermarket that allows users to order products across categories like grocery, vegetables, beauty & wellness, household care, baby care, pet care, and meats & seafood and gets it delivered to their doorstep. | $5.2M | Series A | Jun 01, 2021 |  |
| Salesflo | Salesflo is a leading SAAS solution provider to Fortune 500 companies, with a vision to positively impact its customers grow ahead of the market by better distributing products and effectively managing their sales force. | $3.2M |  | May 31, 2021 |  |

10 of 21 investments shown.

## Co-investors
- [Deosai Ventures](https://shizune.co/investors/profile/deosai-ventures) — VC Fund, 5 deals together
- [Fatima Gobi Ventures](https://shizune.co/investors/profile/fatima-gobi-ventures) — VC Fund, 5 deals together
- [Zayn Venture Capital (Formally Zayn Capital)](https://shizune.co/investors/profile/bitrate-venture-capital) — VC Fund, 3 deals together
- [i2i Ventures](https://shizune.co/investors/profile/i2i-ventures) — VC Fund, 3 deals together
- [venture.d](https://shizune.co/investors/profile/venture-d) — VC Fund, 3 deals together
- [92 Ventures](https://shizune.co/investors/profile/92-ventures) — VC Fund, 2 deals together

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## FAQ

### What does Walled City Co. invest in?

Walled City Co. invests primarily in E-Commerce, Software and Logistics startups, most often at Pre-Seed and Seed stage. Most of the 21 investments tracked by Shizune back companies in Pakistan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Walled City Co.'s check size?

Walled City Co. typically joins rounds of $1M–$2.2M at Seed and $320k–$3.3M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Walled City Co. participates in.

### When did Walled City Co. last invest?

The most recent investment recorded for Walled City Co. closed in May 2022. Shizune tracks 21 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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