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  1. Mubasher News
  2. Tagaddod raises $26.3mn to power biofuel growth

Tagaddod raises $26.3mn to power biofuel growth

GHADA.ISMAIL
Oct 6, 2025
The investment marks a major milestone in advancing the global biofuels and sustainable aviation fuel industries

Cairo – Sharikat Mubasher: Egyptian renewable feedstock platform Tagaddod secured $26.3 million in Series A funding, led by The Arab Energy Fund (TAEF), with participation from FMO, VKAV, and A15 Ventures.

As per a press release by the company, this new investment will fuel Tagaddod’s regional expansion across Africa, Asia, and Europe and strengthen its role in global biofuel and Sustainable Aviation Fuel (SAF) supply chains. The company will also enhance its technology stack with AI-powered logistics optimization, predictive analytics, and advanced traceability systems.

Tagaddod operates a tech-enabled network that collects and traces renewable waste-based feedstocks such as used cooking oil, acid oils, and animal fats from thousands of suppliers — including households, restaurants, and manufacturers — across its markets. With hubs in Egypt, Jordan, and the Netherlands, and a growing presence in Saudi Arabia, the company plays a key role in connecting regional waste supply networks to international refineries.

Nour El Assal, the Co-founder and CEO, said the funding marks a strategic step toward building the infrastructure and supply chains needed for a cleaner energy future, emphasizing TAEF’s commitment to sustainable growth. Ahmed ElFarnawany, CFO, added that the company’s focus remains on scalability, profitability, and long-term value creation.

As global demand for sustainable fuels accelerates, Tagaddod’s platform is uniquely positioned to address feedstock shortages by bridging fragmented waste collection networks with large-scale industrial demand.

With this new capital, Tagaddod plans to deepen its footprint in existing markets, enter new territories, and continue developing digital tools that boost traceability, compliance, and efficiency in renewable fuel supply chains.

Tags

Tagaddod
Biofuels
fundraising
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