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Algebra Ventures

Generalist VCAfricaMENA
Headquarters
Cairo, Egypt
Type
Generalist VC
Stage
Series A–Series B
Focus
Generalist

About

Algebra Ventures is an Egypt-based, Africa-focused venture capital firm. Its first fund, launched in 2016, was $54 million and invested in 21 companies, and the firm has since raised a $100 million second fund. It invests mainly in Egypt, with some investments elsewhere in Africa, including its first in Nigeria, across sectors such as fintech, healthtech, mobility, agritech and real estate. Its partners are Managing Partners Karim Hussein, Tarek Assaad, Laila Hassan and Omar Khashaba, and Founding Partner Ziad Mokhtar. Fintech companies in its portfolio include MNT-Halan, Khazna, Blnk, Connect Money and Synapse Analytics.

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