Algebra Ventures
Egyptian B2B e-commerce platform Cartona raises $8.1 million
Cartona, the pioneering B2B platform that is revolutionizing Egypt’s traditional trade market, catering to a diverse range of stakeholders including mom-and-pop stores, hotels, restaurants, cafes, F...
Egyptian fintech startup Connect Money secures $8 million in a seed round
Egyptian fintech startup Connect Money has secured $8 million in a seed round led by Disruptech Ventures, Algebra Ventures, and Lorax Capital Partners, with additional participation from One Stop and ...
Moroccan agritech startup YoLa Fresh secures $7 million in pre-Series A
YoLa Fresh, a Moroccan agritech startup building a transparent and sustainable fresh food supply network, has secured a $7 million pre-Series A funding round led by Al Mada Ventures with participation...
Egyptian online auto parts marketplace, Mtor raises $2.8 million in pre-seed funding
Mtor, an Egyptian online marketplace for auto parts, has announced a $2.8 million pre-seed round led by Algebra Ventures, with participation from the Dutch Founders Fund (DFF), Aditum Ventures, LoftyI...
IFC invests in Algebra Ventures to support Egyptian startups
To support tech startups with access to finance and drive innovation and job creation primarily in Egypt, IFC, part of the World Bank group announced an investment in the second fund from venture capi...
Algebra Ventures $90 million new fund targets Egyptian startups
Egypt’s leading VC firm, Algebra Ventures launched its $90 million second fund, dedicated to investing in startups with a focus on Egypt with an allocation for the MEA region. The company expects its ...