Egyptian renewable energy startup Tagaddod has raised $26.3 million in Series A funding to accelerate its expansion across Africa, Asia, and Europe, while strengthening the global biofuel supply chain. The round was led by The Arab Energy Fund (TAEF), alongside strategic participation from FMO, Verod-Kepple Africa Ventures (VKAV), and A15 Ventures. The investment reinforces growing confidence in Tagaddod’s mission to create a sustainable, technology-driven ecosystem for renewable feedstocks such as Used Cooking Oil (UCO), Acid Oils, and Animal Fats—core materials for the rapidly growing biofuels and Sustainable Aviation Fuel (SAF) industries.
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 processors, and collectors. Through regional hubs in Egypt, Jordan, and the Netherlands—and new expansions into Saudi Arabia and beyond—Tagaddod connects fragmented waste collection networks to global refineries and offtakers, enabling efficient and traceable sourcing of sustainable raw materials for clean energy production.
The new capital injection will be used to enhance Tagaddod’s AI-powered logistics and predictive analytics systems, improve its operational capacity for processing export-grade renewable feedstocks, and support regional expansion across key global markets. It will also strengthen infrastructure and partnerships, positioning Tagaddod as a long-term leader in the renewable feedstock 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.
The investment also saw renewed commitments from existing investors, reaffirming long-term confidence in Tagaddod’s 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.” Maheur Mouradi, Chief Investment Officer at TAEF, added that Tagaddod’s innovative model aligns with the fund’s mission to drive the region’s energy transition and support circular economy objectives through scalable, sustainable infrastructure.
With this funding, Tagaddod aims to expand its operations, develop new technology solutions, and enhance digital traceability tools that improve transparency and compliance across the renewable energy value chain. As global demand for biofuels and SAF surges, Tagaddod’s technology-driven platform is set to play a crucial role in bridging the gap between renewable feedstock availability and the world’s clean energy goals.
