Egyptian venture capital firm Algebra Ventures hits first close of second fund at $100M

Last April, Egyptian and MENA-focused venture capital firm Algebra Ventures announced the launch of its $90 million second fund. It was the sequel to its first: a $54 million fund invested in 21 startups across Egypt and the Middle East.  While Algebra Ventures predicted it would reach its first close in Q3 2021, the firm … Continue reading Egyptian venture capital firm Algebra Ventures hits first close of second fund at $100M