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Algebra II

Sector: Commercial • Location: Egypt, Arab Republic of

Source: International Finance Corporation (IFC)

Project
Active

  The proposed project consists of an IFC equity commitment of up to $15 million in Algebra Ventures II Coöperatief U.A. (“Algebra II” or the “Fund”), a venture capital fund domiciled in Netherlands with a target size of $90 million. The Fund will invest in technology startups in Egypt and opportunistically in the broader Middle East and Africa (“MEA”) region. A separate co-investment envelope of

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Project Information

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The project “Algebra II” is an infrastructure initiative in the Commercial sector, located in Egypt, Arab Republic of. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

active

Taiyo status

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Taiyo last update

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Contact

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Phone

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Email

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Address

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Description

Description

  The proposed project consists of an IFC equity commitment of up to $15 million in Algebra Ventures II Coöperatief U.A. (“Algebra II” or the “Fund”), a venture capital fund domiciled in Netherlands with a target size of $90 million. The Fund will invest in technology startups in Egypt and opportunistically in the broader Middle East and Africa (“MEA”) region. A separate co-investment envelope of up to $15 million will also be part of the project.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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