Egyptian renewable energy startup Tagaddod has secured $26.3 million in Series A funding to accelerate its expansion across Africa, Asia, and Europe and strengthen the global biofuel supply chain.
The funding round was led by The Arab Energy Fund (TAEF), a multilateral impact financial institution focused on sustainable energy and regional energy security. Other investors include FMO, Verod-Kepple Africa Ventures (VKAV), and A15 Ventures.
The investment underscores growing confidence in Tagaddod’s mission to build a sustainable, tech-powered ecosystem for renewable feedstocks such as Used Cooking Oil (UCO), Acid Oils, and Animal Fats. These materials form the backbone of the rapidly expanding biofuels and Sustainable Aviation Fuel (SAF) industries, which are key to global decarbonization efforts.
Founded in Egypt, Tagaddod operates a digital platform that collects, aggregates, and traces renewable waste-based feedstocks from thousands of suppliers, including households, restaurants, food manufacturers, and collectors. With regional hubs in Egypt, Jordan, and the Netherlands, and new market entries in Saudi Arabia and beyond, Tagaddod connects fragmented waste networks to international refineries and offtakers.
The new funding will support the company’s regional expansion, enhance its AI-powered logistics and predictive analytics systems, and increase operational capacity to process larger volumes of certified, export-grade renewable feedstocks. It will also strengthen infrastructure and partnerships to position Tagaddod as a long-term leader in the global biofuels and clean energy ecosystem.
“This is more than just a funding milestone; it’s a strategic partnership that empowers us to build the infrastructure, technology, and supply chains needed for 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.”
The Series A round also included renewed commitments from existing investors FMO, VKAV, and A15 Ventures, reflecting long-term confidence in Tagaddod’s sustainable business model. “This capital is not here to burn, it’s here to scale,” said Ahmed El Farnawany, CFO of Tagaddod. “Our focus is profitability, execution, and building a business that delivers long-term value.”
Global demand for biofuels and Sustainable Aviation Fuel (SAF) continues to grow as governments and industries pursue net-zero emissions targets. Feedstock availability remains one of the biggest challenges in the clean energy transition. Tagaddod aims to address this by combining digital traceability, compliance infrastructure, and ground-level sourcing to ensure a steady and sustainable feedstock supply.
“This is a compelling opportunity to back a founder-led company tackling a critical challenge in the clean energy value chain,” said Maheur Mouradi
Maheur Mouradi, Chief Investment Officer at The Arab Energy Fund. “Tagaddod’s platform aligns with our mission to build scalable, sustainable infrastructure that drives the region’s energy transition and supports circular economy goals.”
With this investment, Tagaddod plans to expand its operations, develop new technology solutions, and strengthen partnerships that reinforce its leadership in renewable energy. The company also intends to enhance its digital tools for traceability and sustainability certification, improving transparency and efficiency in traditionally informal waste supply chains.
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