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Avanz Capital backs Algebra Ventures’ Fund II
The move marks “one of the first secondary LP investments in Egypt”
Egyptian-led fintech Enza raises USD 6.8 mn in first external funding round
The fresh funds will be used to expand the fintech’s presence across key African markets
Cartona raises USD 8.1 mn in series A extension round
Cartona will use the funds to grow its market share by expanding its operations
Algebra Ventures backs Moroccan agritech startup. PLUS: News from Taqa and ACDIMA
Algebra Ventures participated in a pre-Series A funding round for YoLa Fresh
Coffee With: Karim Hussein, managing partner of Algebra Ventures
“Last year, we were sort of the only ones investing in startups. We had a view on what the true…
DXwand secures USD 4 mn to step up AI research and regional expansion
The startup plans to use the fresh funds for regional expansion
Autostartup Mtor lands USD 2.8 mn in pre-seed round, Lychee closes series A
The pre-seed round was led by Egyptian venture capital firm Algebra Ventures
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