Egyptian cleantech startup Tagaddod has successfully raised $26.3 million in a Series A funding round to accelerate its expansion and enhance its renewable feedstock operations. The investment was led by The Arab Energy Fund (TAEF), with participation from FMO, Verod-Kepple Africa Ventures (VKAV), and A15 Ventures. This marks TAEF’s first direct investment in the biofuel feedstock sector.
Founded in 2013 by Nour El Assal and Ahmed ElFarnawany, Tagaddod operates a proprietary digital platform that collects, consolidates, and traces waste-derived feedstocks such as used cooking oil, acid oils, and animal fats. The platform aggregates materials from thousands of sources—including households, restaurants, food processors, and waste aggregators—to supply certified sustainable materials to global biofuels and sustainable aviation fuel (SAF) producers.
With regional hubs in Egypt, Jordan, and the Netherlands, and a growing presence in Saudi Arabia, Tagaddod plans to utilize the new capital to accelerate its market entry and scaling efforts across Africa, Asia, and Europe. The funds will also be used to strengthen its technology stack, including AI-driven logistics, predictive analytics, and automated traceability systems, as well as to upgrade its operational infrastructure to manage higher volumes of export-grade renewable feedstocks.
CEO Nour El Assal emphasized that this investment is more than just financial backing, calling it a strategic partnership that will enable Tagaddod to build the infrastructure, technology, and supply chains needed to support a cleaner energy future.
As global demand for sustainable feedstocks grows, particularly in the biofuels and SAF sectors, Tagaddod positions itself as a critical link in the green transition by digitizing and organizing a historically fragmented supply chain. The company’s innovative approach aims to become a leading supplier of traceable, certified renewable feedstocks to refineries and off-takers worldwide.
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