Algebra Ventures Archives

Egypt’s B2B Platform Cartona Secures USD 8.1 M in Funding

Egypt’s B2B platform Cartona announced the completion of a USD 8.1 million Series A extension fundraise, according to a company statement. The round was led by Algebra Ventures – the leading Egyptian tech venture capital...

by WAYA Staff - Jul 30, 2024

Markets

Purple Elephant Ventures Secures USD 4.5M Seed Round

To transform Africa’s tourism tech industry, Nairobi-based startup studio Purple Elephant Ventures (PEV) secured $4.5 million in seed funding. This...

by WAYA Staff - Jan 16, 2025

Energy

Challenging China’s Lead, Saudi Arabia Expands its Lithium Production

The world’s largest oil company, Saudi Aramco, is planning to expand its investments in lithium production. Some sources informed the...

by WAYA Staff - Jan 16, 2025

Money

Sequence Ventures Prepares to Launch USD 50 Million Africa Deep Tech Fund

Africa Deep Tech The Egyptian deeptech investment firm Sequence Ventures, seeks to launch their USD 50 million “Africa Deep Tech”...

by WAYA Staff - Jan 16, 2025

Startups

Washminute Secures USD 600 Thousand Investment Led by Witamax

Innovative Solutions Morocco’s Washminute secures a USD 600 Thousand pre-seed investment from Witamax and Tamwilcom, a Moroccan sports industry angel...

by WAYA Staff - Jan 16, 2025

Money

Dfns Secures USD 16M to Expand its Crypto Wallet Infrastructure

Further Ventures, a venture capital firm backed by the Abu Dhabi Investment Authority, has led a Series A funding round...

by WAYA Staff - Jan 16, 2025

Markets

Kenya’s Tatu City Aims to Tackle Africa’s Urbanization Challenges

Tatu City is located on the outskirts of Nairobi, the capital of Kenya, and represents one of the solutions suggested...

by WAYA Staff - Jan 15, 2025

Energy

UAE’s Masdar Announces USD 6 Billion Clean Energy Project in Abu Dhabi

Renewable Energy UAE’s Masdar announced plans to create a new solar and battery energy facility. They expect that the project...

by WAYA Staff - Jan 15, 2025

Energy

ADIA Invests $500M in US Power Company AlphaGen

One of the world’s largest wealth funds, ADIA, is investing $500 million in a minority stake in AlphaGen, a U.S....

by WAYA Staff - Jan 15, 2025

Tech

Sigma Capital Launches USD 100 Million Web3 Fund

Web3 Innovations Sigma Capital launched a USD 100 million fund focused on Web3 startups. The fund is dedicated to accelerating...

by WAYA Staff - Jan 15, 2025

Money

Raseedi Acquires Kashat, Unlocking Instant Cash Lending for Underbanked Egyptians

Raseedi, a fintech service provider that serves underbanked Egyptian masses, has recently acquired Kashat, a digital lending platform, and its...

by WAYA Staff - Jan 14, 2025

Algebra Ventures

Egypt’s B2B Platform Cartona Secures USD 8.1 M in Funding

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