Egypt's Tagaddod Raises $26.3 million Series A Led by Arab Energy fund

Cairo-based startup, Tagaddod, has raised $26.3 million in Series A funding led by the Arab Energy Fund, with additional participation from FMO, Verod-Kepple Africa Ventures and A15. Founded in 2013, Tagaddod provides an AI-powered platform that combines logistics and predictive analytics to manage the collection, aggregation and tracing of waste-based feedstocks for biofuels and sustainable aviation fuel. The company operates across Egypt, Jordan the Netherlands and Saudi Arabia, and plans to use the new funding to expand into Africa, Asia and Europe, enhance automation and traceability, and increase capacity. “This is more than just a funding milestone -  it’s a strategic partnership that empowers us to take bold steps toward building the infrastructure, technology, and supply chains needed to support a cleaner energy future,” said Nour El Assal, Co-Founder and CEO of Tagaddod. The investment marks The Arab Energy Fund’s first direct venture into the biofuel feedstocks sector, an investment that reflects the organisation's commitment to backing scalable, sustainable infrastructure that accelerates the region’s transition to alternative energy, resource efficiency and circular economic models.