Algebra Ventures

Algebra Ventures is a prominent venture capital firm headquartered in Cairo, Egypt, dedicated to investing in early-stage technology companies across the Middle East and North Africa (MENA) region. Established with a vision to foster innovation and support the burgeoning startup ecosystem, the firm has quickly become a cornerstone investor in the region's digital transformation. Their strategic focus spans various high-growth sectors, including fintech, e-commerce, logistics, healthcare, and Software-as-a-Service (SaaS), aiming to back startups with scalable business models and strong founding teams.

The firm has demonstrated significant growth in its capital deployment capabilities since its inception. Algebra Ventures launched its inaugural fund in 2016, successfully raising $54 million to support promising Egyptian and regional startups. Building on this success, they announced their second fund in 2022, targeting a substantial $100 million. This increased capital pool allows Algebra Ventures to provide more robust financial backing and strategic guidance to its portfolio companies, enabling them to scale more aggressively within the competitive MENA market.

Algebra Ventures primarily targets Seed and Series A investment rounds, providing crucial early-stage capital that often serves as a catalyst for growth. For their current fund, the typical first cheque size ranges from $1 million to $9 million, reflecting their commitment to supporting companies through critical development phases. The firm takes a hands-on approach, leveraging its extensive network and operational expertise to assist founders with strategic planning, talent acquisition, and market expansion.

With a portfolio exceeding 25 companies, Algebra Ventures has played a pivotal role in the success stories of several leading regional startups. Their investment philosophy emphasizes long-term partnerships, aiming to build enduring value and contribute to the economic diversification of the MENA region. By identifying and nurturing high-potential tech ventures, Algebra Ventures continues to solidify its position as a key enabler of technological innovation and entrepreneurial growth in Egypt and beyond.