Egypt's leading technology VC fund
Algebra Ventures is Egypt's leading technology VC fund, investing at seed and Series A in Egyptian and regional tech startups. Its second fund first-closed at US$100M against a US$90M target. Portfolio includes Instabug, Breadfast, Trella, and Halan. Invests US$500K to US$2M from seed through Series B. Has backed some of the most prominent Egyptian tech exits.
Use when
You're an Egyptian tech founder raising a seed or Series A and want the most credible local institutional investor.
Skip when
You are pre-seed, or outside Egypt without a strong reason for an Egypt-centred fund to travel. The stated East and West Africa interest is exploratory rather than the core mandate.
Status (24 Sep 2026): deploying its second fund, which first-closed at US$100 million against a US$90 million target. Cheques of US$500,000 to US$2 million from seed to Series B, targeting about 31 companies in fintech, logistics, health tech, edtech and agritech. Backed by FMO, BII, IFC, EBRD and others. Egypt remains the main focus with some exploration into East and West Africa.
