Enza has raised $6.5 million seed equity round co-led by Algebra Ventures and Quona Capital. Enza is an African payment startup that enables banks and fintechs to offer card and
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Cartona, the B2B platform digitising and empowering stakeholders of Egypt’s traditional trade market – including mom-and-pop stores, hotels, restaurants, cafes, FMCG companies, and wholesalers – has raised an $8.1 million
YoLa Fresh, a Moroccan agritech startup building a sustainable fresh food supply network, has secured a $7 million pre-Series A funding round. The round was led by Al Mada Ventures
Mtor, the Egyptian online auto parts marketplace, has raised a $2.8 million pre-seed round led by Algebra Ventures, with participation from the Dutch Founders Fund (DFF), Aditum Ventures, LoftyInc Capital
Algebra Ventures, the Egyptian venture capital firm, has announced that it has completed a $100 million first close of its second fund and expects to reach its final close by
FMO, the Dutch entrepreneurial development bank, and Egyptian venture capital firm Algebra Ventures today announced the signing of a USD 10 mln commitment for the fund manager’s second fund. Announced
Sylndr, an Egyptian online used-car marketplace, has raised $12.6 million for its pre-seed round led by RAED Ventures, with participation from Algebra Ventures, Nuwa Capital, 1984 Ventures, Global Founders Capital,
The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to support tech startups with access to finance and drive innovation
Yodawy, an Egyptian medicine delivery startup, has raised $7.5 million in Series B funding led by Middle East Venture Partners (MEVP), Global Ventures, and Algebra Ventures, with the participation of
Trella, an Egyptian-based digital freight marketplace, has closed a $42 million funding round, comprising $30 million new equity and $12 million debt facilities. The equity part of the investment was led by
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