logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  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
Share

Attract clients with your ad

Start Now

Trending

Saudi SMEs secure 24% of government procurement, cloud adoption hits 41%
MUBASHER.SA
Riyad Bank tops SME lending with SAR 100 bn portfolio
MUBASHER.SA
Almosafer expands partnership with VisitBritain
MUBASHER.SA
Saudi Cybersecurity Federation launches Beem workplace platform
MUBASHER.SA
Biban 2025 first day sees deals, launches worth over SAR 22 bn
MUBASHER.SA

Related News

Funding News
Calendar Icon
Nov 4, 2025
Kafalah expects SME loans to reach SAR 24 bn by year-end
Read More
Funding News
Calendar Icon
Nov 3, 2025
Stream closes $4mn seed round to transform business payments in MENA
Read More
Funding News
Calendar Icon
Nov 3, 2025
Tali Ventures leads $6mn Series A round in Bonat
Read More
Funding News
Calendar Icon
Oct 30, 2025
Rmz.ai raises 100K in pre-seed round to develop AI assistants
Read More
Funding News
Calendar Icon
Oct 30, 2025
WTDcare closes pre-seed round to redefine digital healthcare in Saudi Arabia
Read More
Funding News
Calendar Icon
Oct 29, 2025
Logexa secures $2mn to accelerate expansions in Saudi market
Read More
Funding News
Calendar Icon
Oct 29, 2025
Red Sea Global lands SAR 6.5 bn green loan to develop AMAALA
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher