Algebra Ventures
Active
Algebra Ventures is the leading Egyptian technology Venture Capital firm focused primarily on Series A and Series B investments in Egypt and the MENA region. It secured its first closing in late 2016 at US$40 million, the largest in Egypt. It was founded by a team of partners who have collectively invested in some of the most successful startups in Egypt today and have realized some of the country’s most prominent technology exits. Algebra Ventures aims to help the next generation of innovators and entrepreneurs build unique, scalable market leaders and develop the growing Egyptian entrepreneurship ecosystem.
Headquarters
Cairo, EgyptFounded in
2016Company Size
Employeesinvestor type
Venture Capitalinvestment stage
Company Size
EmployeesSectors of focus
geographical focus
Team
FUNDING ROUNDS
Elmenus
E-Commerce & Retail
Amount
$1,500,000
Date
Apr 9, 2017
Funding Round
Series Ainvestors
Algebra Ventures
Filkhedma
E-commerce
Amount
$1,100,000
Date
Sep 29, 2017
Funding Round
Seedinvestors
Algebra Ventures, Glint Consulting
Eventtus
Commercial and Professional Services
Amount
$2,000,000
Date
Nov 16, 2017
Funding Round
Series Ainvestors
500 Startups, Vodafone Ventures, Algebra Ventures
La Reina
E-Commerce & Retail
Amount
$1,000,000
Date
Apr 30, 2018
Funding Round
Series Ainvestors
Algebra Ventures, 500 Startups
iCommunity
Media & Entertainment
Amount
$600,000
Date
Oct 2, 2018
Funding Round
Series Ainvestors
Algebra Ventures
Halan
Financial Services
Amount
$4,384,000
Date
Dec 3, 2018
Funding Round
Series Ainvestors
Battery Road Digital Holdings, Algebra Ventures
GoodsMart
Retail
Amount
Undisclosed
Date
Feb 18, 2019
Funding Round
Series Ainvestors
Algebra Ventures
Amount
$600,000
Date
Feb 24, 2019
Funding Round
Pre-Seedinvestors
Algebra Ventures, Esther Dyson
Dsquares
Other Technologies or Information Technology
Amount
Undisclosed
Date
Mar 12, 2019
Funding Round
Series Ainvestors
Algebra Ventures & Ezdehar
Brimore
Transport & Logistics
Amount
$800,000
Date
Apr 2, 2019
Funding Round
Seedinvestors
Algebra Ventures, Endure Capital, Flat6Labs, 500Startups
Orcas
Education
Amount
$500,000
Date
Jun 11, 2019
Funding Round
Seedinvestors
Algebra Ventures, NFX Capital
Yodawy
Health & Pharmaceuticals
Amount
$1,000,000
Date
Nov 12, 2019
Funding Round
Series Ainvestors
Algebra Ventures, CVentures, ASI Ventures
Elmenus
E-Commerce & Retail
Amount
$8,000,000
Date
Feb 3, 2020
Funding Round
Series B IIinvestors
Global Ventures, Algebra Ventures, Tarek Sakr, Hamad Al Homizi
Khazna
Financial Services
Amount
Undisclosed
Date
Mar 8, 2020
Funding Round
Seedinvestors
Algebra Ventures, Accion Venture Lab
Eventtus
Commercial and Professional Services
Amount
Undisclosed
Date
Apr 13, 2020
Funding Round
Pre-Series Binvestors
Algebra Ventures, HALA Ventures, DAAL
Brimore
Transport & Logistics
Amount
$3,500,000
Date
May 11, 2020
Funding Round
Pre-Series Ainvestors
Algebra Ventures, Disruptech, Vision Ventures, 500 Startups, Flat6Labs
La Reina
E-Commerce & Retail
Amount
Undisclosed
Date
Sep 28, 2020
Funding Round
Seedinvestors
500 Startups, Algebra Ventures
Sakneen
E-commerce
Amount
$1,100,000
Date
Feb 8, 2021
Funding Round
Seedinvestors
Algebra Ventures, Contact Financial Holding, Foundation Ventures
Mozare3
Agriculture
Amount
$1,000,000
Date
May 25, 2021
Funding Round
Pre-Seedinvestors
Algebra Ventures, Disruptech
Amount
$30,000,000
Date
Jun 21, 2021
Funding Round
Series Ainvestors
Maersk Growth, Raed Ventures, Algebra Ventures, Vision Ventures, Next Billion Ventures, Venture Souq, Foundation Ventures, Flexport
Yodawy
Health & Pharmaceuticals
Amount
$7,500,000
Date
Jul 12, 2021
Funding Round
Series Binvestors
Middle East Venture Partners, Global Ventures, Algebra Ventures, CVentures, P1 Ventures, Athaal Group
Orcas
Education
Amount
$2,100,000
Date
Jan 16, 2022
Funding Round
Pre-Series Ainvestors
NFX Ventures, Access Bridge Ventures, Algebra Ventures, Launch Africa, Cairo Angels, Seedstars International
Khazna
Financial Services
Amount
$38,000,000
Date
Mar 31, 2022
Funding Round
Series Ainvestors
Quona Capital, Lendable, Nclude, Speedinvest, Khawarizmi Ventures, Algebra Ventures, Accion Venture Lab, Disruptech
Shift EV
Transportation & Logistics
Amount
Undisclosed
Date
Apr 12, 2022
Funding Round
Series Ainvestors
Union Square Ventures, Algebra Ventures, Wamda, Oman Technology Fund
Sylndr
E-commerce
Amount
$12,600,000
Date
May 23, 2022
Funding Round
Pre-Seedinvestors
RAED Ventures, Algebra Ventures, Nuwa Capital, 1984 Ventures, Global Founders Capital
RECENT ARTICLES ABOUT Algebra Ventures
About us
CONTACT
Digest Africa Technologies Ltd
Ntinda Complex,
Block B, Level 3
Ntinda,
Kampala, Uganda
© Digest Africa Technologies Ltd 2023.
All Rights Reserved.