Wamda

Egypt

Algebra Ventures completes first close of second fund at $100 million

Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million...

Algebra Ventures

Egypt

IFC pledges $15 million investment in Algebra Fund II

International Finance Cooperation (IFC), a member of the World Bank Group, has pledged $15 million investment in Algebra Ventures’...

Algebra Fund II Algebra Ventures ifc

Egypt

Laila Hassan: More women inclusion in the ecosystem drives better economics

Egypt-based venture capital firm Algebra Ventures announced today that Laila Hassan and Omar Khashaba will be joining its second, $90...

Algebra Ventures GP Egypt

Egypt

What is driving Egypt's current startup boom?

Last week saw the launch of two new venture capital funds in Egypt – Sawari Ventures closed its $71 million fund while Algebra...

Sawari Ventures Algebra Ventures

Egypt

Egypt's Algebra Ventures launches $90 million second fund

Egypt-based Algebra Ventures has launched its second fund of $90 million to invest in startups in Egypt with an allocation for...

Algebra Ventures

Egypt

Brimore raises $3.5 million in pre-Series A

Egypt-based direct-selling distribution platform Brimore, has raised $3.5 million in a pre-Series A round led by Algebra Ventures, with...

Brimore Algebra Ventures E-commerce

Egypt

Khazna raises seed funding

Egypt-based financial technology (fintech) startup Khazna, has raised an undisclosed amount of seed funding round led by Algebra Ventures,...

Fintech Algebra Ventures

Egypt

elmenus raises $8 million in Series B

Egypt-based elmenus, has raised $8 million in its Series B funding round, led by UAE-based venture capital fund, Global Ventures and...

foodtech elmenues Global Ventures

Egypt

Jordan's POSRocket raises $1.5 million in a round led by Algebra Ventures

POSRocket, a cloud-based POS Jordanian startup, has announced $1.5 million in a funding round led by $50 million Cairo-based venture...

Algebra Ventures KISP Ventures Arzan VC

Egypt

Egyptian online fashion rental platform raises $1M from Algebra Ventures and 500 Startups

La Reina, an Egyptian online platform for rental couture, announced receiving $1 million in a Series A funding round led by Egypt’s...

Egypt La Reina Algebra Ventures

Egypt

Egyptian home services platform Filkhedma closed second investment round

Filkhedma, an Egyptian home services marketplace, has just closed its second investment round led by Algebra Ventures and Glint...

FilKhedma Algebra Ventures Glint

Egypt

IFC invests in Algebra Ventures, Flat6labs Cairo funds

New Egyptian venture fund Algebra Ventures has announced the first closing at $40 million. The fund, first announced in June, plans to...

Algebra Ventures Egypt SysDsoft

Regional

Series A investment: when, how, who? [Know your VC]

In the growth cycle of a startup the Series A round can be a critical hurdle, but investors say there is a lot startups can do to...

Series A Investment Venture Capital

Thought Leadership

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