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Algebra Fund II

FMO commits $10 million to Algebra Fund II to back Egyptian tech startups

FMO commits $10 million to Algebra Fund II to back Egyptian tech startups

Algebra Fund II, managed by Algebra Ventures based in Egypt has secured $10 million from FMO, the Dutch Entrepreneurial Development Bank, alongside other investors. * Algebra Fund II will invest in technology startups in Egypt, the Middle East and, other African areas.   * The fund will be deployed as early-stage investments across
By Oluwajuwonlo Afolabi Jul 20, 2022

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