• Monday, 12 July 2021

    Yodawy lands USD 7.5 mn in a series B funding round

    Yodawy raises USD 7.5 mn in a Algebra, MEVP, Global Ventures-led series B funding: Pharma platform Yodawy has landed USD 7.5 mn in a series B funding round led by Algebra Ventures, Beirut-based Middle East Venture Partners (MEVP) and UAE-based...
  • Thursday, 8 July 2021

    My Morning Routine: Omar Khashaba, partner in Algebra Ventures Fund II

    Omar Khashaba, partner in Algebra Ventures Fund II: Each week, my Morning / WFH Routine looks at how a successful member of the community starts their day — and then throws in a couple of random business questions just for...
  • Tuesday, 6 July 2021

    Algebra Ventures taps Laila Hassan, Omar Khashaba as new GPs + Al Mansour Automotive gets new CEO

    Algebra Ventures has tapped Laila Hassan (LinkedIn) and Omar Khashaba (LinkedIn) as general partners for its second, USD 90 mn fund, it said in a press release (pdf). Hassan will join Algebra later this year from 500 Startups, where she...
  • Tuesday, 25 May 2021

    Mozare3 lands seven-figure pre-seed round from Algebra, Distruptech

    Agri-fintech startup Mozare3 has raised a seven-figure investment in a pre-series A funding round led by Algebra Ventures and Disruptech, according to a press release (pdf). The statement made no mention of how the company plans to deploy the funds....
  • Thursday, 6 May 2021

    Algebra to raise USD 50 mn in first close of second fund

    Algebra Ventures is looking to raise USD 50 mn in 3Q2021 for the first close of its recently announced USD 90 mn tech fund, managing partner Tarek Assaad told Al Mal. 80% of it will be invested in Egypt, with...
  • Wednesday, 7 April 2021

    Algebra Ventures doubles down on Egypt with USD 90 mn fund

    Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90 mn into companies based in Egypt and the Middle East and Africa region, the VC outfit announced in a press...
  • Monday, 8 February 2021

    Sakneen raises USD 1.1 mn in seed funding round

    Egyptian real estate marketplace Sakneen has raised USD 1.1 mn in an oversubscribed seed funding round led by Algebra Ventures, with “major participation” from Sarwa Capital and Foundation Ventures, according to a statement (pdf). The round also saw participation from...
  • Tuesday, 29 December 2020

    Making It Season Two: How did the business community react to Covid

    How did the business community react to Covid-19? In season two of Making It, we spoke to the founders and CEOs of great businesses in Egypt about how they’ve reacted and adapted to the Covid-19 pandemic. Lockdowns forced many sectors...
  • Tuesday, 22 September 2020

    Algebra’s Ziad Mokhtar looks forward to returning to roots as a tech entrepreneur

    EXCLUSIVE- MOVES- Ziad Mokhtar, Algebra Ventures’ co-founder and managing partner, is phasing out his involvement in the firm, announcing overnight that he will not continue as a general partner in future funds. Mokhtar will remain a partner in Algebra’s first...

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