Tagaddod raises $26.3M Series A led by The Arab Energy Fund

Tech-enabled platform collecting and aggregating used cooking oil and other renewable waste-based feedstocks for the global biofuels and sustainable aviation fuel industries.

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  • Round size23
  • Stage13
  • Investor backing20
  • Recency7
  • News coverage10
Amount
$26M
Reported across multiple sources including company press release, Technext24, EnterpriseAM, and PitchBook; total raised
Round
Series A
Announced
6 Oct 2025
Valuation
$105M
post-money, reported by Dealroom (Oct 2025)
Total raised
$27M
to date, reported
Lead investor
The Arab Energy Fund

About the deal

Tagaddod closed a $26.3 million Series A round led by The Arab Energy Fund (TAEF), with participation from existing investors FMO (Dutch entrepreneurial development bank), Verod-Kepple Africa Ventures (VKAV), A15, and others including LoftyInc Capital. The round closed in September 2025 and was publicly announced in early October 2025.

The investment supports regional expansion into new and existing markets across Africa, Asia, and Europe (including Saudi Arabia and additional European and Asian markets), enhancement of the AI-powered technology stack for logistics, predictive analytics, and traceability, and scaling of operational infrastructure and partnerships to handle larger volumes of certified feedstocks.

Tagaddod has established itself as a key player bridging fragmented waste collection networks with global demand for biofuels and SAF feedstocks. It operates a tech-driven model that ensures traceability, sustainability certification, and reliable supply, positioning it amid rising demand driven by decarbonization mandates.

Key highlights

  • One of the largest climate tech Series A rounds in the MENA region
  • Supplies certified (ISCC, CORSIA) renewable feedstocks to biofuels and SAF industries
  • Proprietary apps and AI optimize collection, logistics, and forecasting from thousands of suppliers
  • Operations in Egypt (HQ), Jordan, Netherlands, with expansion into Saudi Arabia and beyond
  • Prior seed backing included LoftyInc Capital and Kepple Africa Ventures
  • Company founded in 2013; first exports to Europe in 2016
  • Valuation reported at $105M post-money

About Tagaddod

Tagaddod operates a proprietary technology platform that collects, aggregates, traces, and certifies renewable waste-based feedstocks such as used cooking oil (UCO), acid oils, and animal fats from thousands of suppliers including households, restaurants, food manufacturers, and collectors. The company uses AI, machine learning, mobile apps, and data modeling for logistics optimization, predictive analytics, traceability, and compliance with standards including ISCC and CORSIA.

It supplies certified feedstocks to off-takers and refineries in the biofuels and sustainable aviation fuel (SAF) sectors. Operations span Africa, Asia, and Europe with regional hubs in Egypt, Jordan, and the Netherlands, and a growing presence in Saudi Arabia. The business model involves purchasing from fragmented supply networks, certifying materials, and exporting to industrial clients, creating income opportunities for collectors while addressing feedstock supply bottlenecks.

Founded in 2013, the company is generating revenue and has obtained international certifications to support its export activities since 2016.

Founders: Nour El-Assal (Co-Founder & CEO), Mariam Afifi (Co-Founder & COO)

Use of funds

  • Accelerate regional expansion across Africa, Asia, and Europe
  • Enhance AI-driven logistics optimization, predictive analytics, and automated traceability systems
  • Increase operational capacity and build infrastructure for higher feedstock volumes
  • Develop partnerships with global off-takers and refineries

Considerations

  • Reliance on fragmented, informal waste collection networks which can be operationally complex and geographically concentrated in initial markets
  • Exposure to commodity price fluctuations in used cooking oil and related feedstocks
  • Regulatory and certification risks in multiple jurisdictions for cross-border exports and sustainability standards
  • Currency and macroeconomic risks given operations across emerging markets in Africa and MENA
  • Competition from other aggregators and potential new entrants in the growing biofuels feedstock space; path to sustained profitability not detailed in public sources

In the news

This page is information, not advice. Nothing here is an offer, solicitation or recommendation to buy or sell any security, and Tagaddod is not listed or traded on Africa Markets. See our Disclosures.