Project detail - Algebra Ventures II BV

Algebra Ventures II BV

Status: Approved investment
Back to map

Why disclosure?

FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

In case of questions

In case of questions, please contact us at disclosure@fmo.nl

Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer?

Algebra Ventures is a leading technology VC firm in Egypt. The team launched their first early-stage venture fund in 2016, and their firm is aimed at investing in technology start-ups that leverage innovation to transform large markets. The Algebra team is based in Cairo.

What is our funding objective?

The objective of this TA project is to support Algebra Ventures to transform their AGM convening into a platform for wider community engagement by supporting the design and delivery of a curated Mini-Conference alongside the AGM for 2026 and 2027 events.

Why do we fund this investment?

Egypt's tech ecosystem is at an inflection point. After years of macroeconomic turbulence and reduced investor appetite, Algebra Ventures - as one of Egypt's leading VC - is in a unique position to reset the narrative and showcase both resilience and opportunity. The planned AGM & Mini-Conference is not simply an LP reporting session; it is a broader ecosystem convening that will bring together founders (portfolio and beyond), investors, and partners in a curated setting.

Region
Africa
Country
Egypt
Sector
Infrastructure, Manufacturing and Services
Publication date
4/13/2026
Effective date
2/24/2026
Total FMO financing
EUR 0.04 MLN
Funding
FMO NV