• Tagaddod raises USD 26.3M Series A led by Arab Energy Fund to scale biofuel feedstock collection and traceability.
• The platform specializes in used cooking oil, supporting sustainable aviation fuel, renewable diesel, and circular economy growth across regions.
• Funding will accelerate expansion in Africa, Asia, Europe, enhance AI-powered logistics, and strengthen operational capacity for certified feedstocks.

Tagaddod

Tagaddod, a platform for Biofuel Feedstacks, raised USD 26.3 million in Series A equity round led by The Arab Energy Fund (TAEF). The round also saw participation from FMO, VKAV, and A15.

“Tagaddod’s platform reflects our commitment to backing scalable, sustainable infrastructure in line with the region’s ambition in advancing the new energy sector, enhancing resource efficiency, driving circular economic models, and leading in the biofuels space,” said Maheur Mourali, Chief Investment Officer of The Arab Energy Fund. 

Founded in 1974, The Arab Energy Fund (TAEF) is a multilateral impact financial institution dedicated to ensuring energy security and sustainability in the MENA region, 

Biofuel

Founded in 2013 in Egypt,Tagaddod is a tech-powered renewable feedstocks platform operating across Africa, Asia, and Europe. It is a cross-border tech-powered company in the collection, aggregation, and traceability of Biofuel Feedstocks. It specializes in Used Cooking Oil (UCO) collection and traceability.

“The Arab Energy Fund’s sector expertise, regional reach, and shared commitment to sustainable energy will be instrumental in scaling our impact and accelerating our growth,”  said Nour El-Assal, Co-Founder and CEO of Tagaddod.

With the funding, Tagaddod aims to further enable the growing production of Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD). It also aims to accelerate its regional expansion across existing and new markets in Africa, Asia, and Europe. Additionally, it aims to enhance its technology stack, including AI-powered logistics optimisation, predictive analytics, and automated traceability systems. It also seeks to increase operational capacity, building infrastructure and partnerships to support larger volumes of certified, export-grade renewable feedstocks. Furthermore, it aims to lay the foundations for long-term leadership in the global SAF and biofuels ecosystem. 

Looking ahead, it aims to continue to develop digital tools that increase traceability. Additionally, it seeks to ensure compliance with international sustainability certifications, and bring visibility and efficiency to traditionally informal supply chains.