$500K sweet spot round size
Most of their 31 investments are in rounds between $750K and $5M
2016
Sylndr raised $13M on May 23, 2022
Investors: Global Founders Capital, 1984, Nuwa Capital, RAED Ventures and Algebra Ventures
Shift EV raised $9M on April 8, 2022
Investors: Wamda Capital, Union Square Ventures and Algebra Ventures
Khazna raised $38M on March 31, 2022
Investors: CVentures, Khwarizmi Ventures, Speedinvest, AB Accelerator, DisrupTech Ventures, Nclude, Quona Capital and Algebra Ventures
Orcas raised $2.1M on January 16, 2022
Investors: acasia, Seedstars World SA, Launch Africa Ventures, Cairo Angels and Algebra Ventures
POSRocket raised $5M on August 4, 2021
Investors: Seedstars World SA, Khwarizmi Ventures, Innovative Startups and SMEs Fund, Vision Ventures and Algebra Ventures
Orcas raised $400K on August 1, 2021
Investors: Launch Africa Ventures and Algebra Ventures
Yodawy raised $7.5M on July 12, 2021
Investors: CVentures, P1 Ventures, Athaal Angel Investor Group, Middle East Venture Partners (MEVP), Global Ventures and Algebra Ventures
Trella raised $42M on May 28, 2021
Investors: Next Billion Capital Partners, Vision Ventures, RAED Ventures, Moving Capital, Maersk Growth, FJ Labs, VentureSouq, Flexport, Foundation Ventures and Algebra Ventures
Mozare3 raised $1M on May 24, 2021
Investors: EFG EV Fintech, DisrupTech Ventures and Algebra Ventures
Sakneen raised $1.1M on February 7, 2021
Investors: Hem + Spire, Foundation Ventures and Algebra Ventures