{"id":635407,"date":"2017-12-04T04:06:46","date_gmt":"2017-12-04T04:06:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/"},"modified":"2017-12-04T04:06:46","modified_gmt":"2017-12-04T04:06:46","slug":"algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/","title":{"rendered":"Algebra Ventures to raise investments in Egyptian companies to USD 15 mn in 2018"},"content":{"rendered":"

INVESTMENT WATCH-<\/strong> Algebra Ventures will continue to invest in Egyptian startups in the new year with a target of having deployed a total of USD 15 mn between inception and the end of 2018, founding partner Ziad Mokhtar tells Al Mal<\/a>. Mokhtar adds that the company will continue to invest through 2020, after which its focus will turn to driving growth at portfolio companies and then the exit cycle. Mokhtar had told Al Masry Al Youm last week<\/a> that the venture capital firm is looking into providing seed funding for some 20 companies in 2018 and 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Algebra Ventures will continue to invest in Egyptian startups in the new year with a target of having deployed a total of USD 15 mn between inception and the end of 2018, founding partner Ziad Mokhtar tells Al Mal. Mokhtar adds that the company will continue to invest through 2020, after which its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635407","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"54121b33-3c8d-43d6-a81c-0d3ae98e4af2","order":"0","is_powered_by":true,"section_story_id":"d5d91b8b-4a17-4959-844b-ec6a104f53cc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635394],"teaser":"","voice_url":""},"yoast_head":"\nAlgebra Ventures to raise investments in Egyptian companies to USD 15 mn in 2018 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algebra Ventures to raise investments in Egyptian companies to USD 15 mn in 2018\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Algebra Ventures will continue to invest in Egyptian startups in the new year with a target of having deployed a total of USD 15 mn between inception and the end of 2018, founding partner Ziad Mokhtar tells Al Mal. Mokhtar adds that the company will continue to invest through 2020, after which its […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-04T04:06:46+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Algebra Ventures to raise investments in Egyptian companies to USD 15 mn in 2018\",\"datePublished\":\"2017-12-04T04:06:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/algebra-ventures-to-raise-investments-in-egyptian-companies-to-usd-15-mn-in-2018\/\",\"name\":\"Algebra Ventures to raise investments in Egyptian companies to USD 15 mn in 2018 - 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Mokhtar will remain a partner in Algebra\u2019s first fund alongside Tarek Assaad and Karim Hussein, but will not\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":641442,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/algebra-ventures-investing-usd-9-mn-in-tech-start-ups\/","url_meta":{"origin":635407,"position":2},"title":"Algebra Ventures investing USD 9 mn in tech start ups","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"Venture capital fund Algebra Ventures is putting USD 9 mn into technology startups, according to AMAY. Executive Director Ziad Mokhtar said USD 3 mn is earmarked for software and software development, while USD 1.5 mn has been committed to our friends at online ordering service El Menus and a stake\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646540,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/18\/karim-hussein-joins-algebra-ventures-as-partner\/","url_meta":{"origin":635407,"position":3},"title":"Karim Hussein joins Algebra Ventures as partner","author":"enterpriseam admin","date":"18 June 2017","format":false,"excerpt":"MOVES- Algebra Ventures announced thatKarim Hussein has joined it as a partner. Hussein was previously senior VP of products and engineering at WebMD, founder of DKimia, and has also made a number of angel investments in Egypt and the US, including Shezlong, Simplex CNC Solutions, Integreight and Eonite Perception. 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