Tagaddod Secures $26.3M to Advance Cleantech Footprint in Biofuels Revolution

3 min
Tagaddod secured a $26,3 million Series A funding round led by The Arab Energy Fund.
The funding will help expand Tagaddod's tech-driven waste feedstock collection in Africa, Asia, and Europe.
The investment focuses on building infrastructure and technology for cleaner energy futures.
Tagaddod aims to strengthen market presence and improve compliance with sustainability standards.
The company strives for sustainable growth rather than burning capital for hype.
Egypt’s cleantech firm Tagaddod has just wrapped up a $26.3 million Series A funding round, led by The Arab Energy Fund (TAEF) — a major player betting big on sustainable energy and regional energy security. Also jumping on board were FMO, VKAV, and long-time backer A15. Not too shabby for a startup that began life hauling used cooking oil around Cairo.
The fresh capital sets Tagaddod on course to expand its reach across Africa, Asia, and Europe, sharpening its tech-driven system for collecting and tracing renewable waste-based feedstocks. That covers everything from used cooking oil and acid oils to animal fats — feedstocks that are crucial for the booming biofuels and Sustainable Aviation Fuel (SAF) industries.
Co-founder and CEO **Nour El Assal** described the funding as more than a financial boost. It’s “a strategic partnership that empowers us to take bold steps toward building the infrastructure, technology, and supply chains needed for a cleaner energy future.” With TAEF’s regional footprint and focus on sustainability, the fit seems spot on.
From what’s been shared, the company’s proprietary platform acts like a digital backbone for a messy process — connecting thousands of suppliers, from households to restaurants, across Egypt, Jordan, and the Netherlands. There’s even talk of broadening its Saudi footprint. And honestly, having seen how complicated waste collection networks can get, that level of digital visibility could save more than just a few headaches.
Chief Financial Officer Ahmed ElFarnawany summed it neatly: “This capital is not here to burn — it’s here to scale.” He stressed that the real goal isn’t chasing hype but focusing on building a sustainable, profitable business with long-term impact. I reckon that’s a refreshing take in a world where some startups still treat fundraising as the finish line, not the starting whistle.
For investors, it’s equally a strategic play. Maheur Mouradi, Chief Investment Officer at TAEF, said supporting Tagaddod fit the fund’s wider push for scalable, sustainable infrastructure and leadership in the biofuels arena. Sounds like a textbook win-win — a step towards greener energy and a stronger circular economy in the region.
On the flip side, global demand for cleaner fuels keeps soaring, especially in aviation, and supply bottlenecks are becoming a serious pain point. Tagaddod’s model — plugging digital traceability into fragmented local collection networks — could very well be one way to unclog that system.
Looking ahead, the cleantech player plans to strengthen its presence in existing markets, explore new ground, and roll out tech tools to boost transparency and compliance with international sustainability standards. It’s certainly an ambitious roadmap, but as one mentor once told me at an Arageek event in Cairo, “sustainability isn’t just a buzzword — it’s infrastructure.” I’d say Tagaddod appears to be taking that mantra quite literally.
All in all, the company seems chuffed to bits about what’s next. And while the road to decarbonisation is never easy — a bit of a faff, if we’re honest — this deal feels like a solid step in the right direction.
🚀 Got exciting news to share?
If you're a startup founder, VC, or PR agency with big updates—funding rounds, product launches 📢, or company milestones 🎉 — AraGeek English wants to hear from you!
✉️ Send Us Your Story 👇