Tagaddod closes $26.3m Series A to expand SAF feedstock supply chain

Cairo-based Tagaddod announced successful closing of $26.3m Series A funding round led by the Arab Energy Fund along with participation from Dutch entrepreneurial development bank FMO, pan-African venture capital company Verod-Kepple Africa Ventures (VKAV) and MENA-based venture capital firm A15.

“This is more than just a funding milestone — it’s a strategic partnership that empowers us to take bold steps toward building the infrastructure, technology, and supply chains needed to support a cleaner energy future,” said Nour El Assal, Co-Founder and CEO of Tagaddod.

“TAEF’s regional reach and commitment to sustainable development make them an ideal partner as we scale.”

Tagaddod said the funding will help it become a global leader in the supply of renewable, traceable and sustainable feedstocks; including used cooking oil (UCO), acid oils and animal fats, to the rapidly growing biofuels and sustainable aviation fuel (SAF) industries.

The company operates proprietary, tech-powered platform that collects, aggregates and traces renewable waste-based feedstocks from thousands of suppliers, including households, restaurants, food manufacturers and collectors across its operating markets.

It has regional hubs in Egypt, Jordan and the Netherlands with a growing footprint in Saudi Arabia.

The company said with this funding, it will accelerate regional expansion, enhance technology stack, increase operational capacity, build infrastructure and partnerships.