Tagaddod raises $26.3M Series A to scale renewable feedstock infrastructure

Egypt-based cleantech company Tagaddod has raised $26.3 million in a Series A round led by The Arab Energy Fund (TAEF), with participation from FMO, VKAV, A15 Ventures, and other returning investors. Founded in 2013 by Nour El Assal and Ahmed ElFarnawany, Tagaddod’s tech-powered platform collects, aggregates, and traces renewable waste-based feedstocks including used cooking oil, acid oils, and animal fats from thousands of suppliers across households, restaurants, food manufacturers, and collectors.

With regional hubs in Egypt, Jordan, and the Netherlands, plus growing presence in Saudi Arabia and other key markets, the company plays a crucial role in enabling sustainable supply chains for global biofuel refineries. The new capital will accelerate regional expansion across Africa, Asia, and Europe while enhancing the technology stack with AI-powered logistics optimization, predictive analytics, and automated traceability systems to support larger volumes of certified, export-grade renewable feedstocks.

“This is more than just a funding milestone — it’s a strategic partnership that empowers us to take bold steps toward building the infrastructure, technology, and supply chains needed to support 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.” Ahmed ElFarnawany, CFO, added: “This capital is not here to burn — it’s here to scale. Our focus is profitability, execution and building a business that delivers long-term value.”

The investment addresses growing global demand for biofuels and Sustainable Aviation Fuel as feedstock availability becomes a critical bottleneck for sustainable fuel growth. By combining ground-level sourcing with technology and compliance infrastructure, Tagaddod bridges fragmented waste supply networks with large-scale industrial demand in a mission-critical and underserved segment.

“This is a compelling opportunity to support a founder-led company operating in a mission-critical and underserved segment,” said Maheur Mouradi, Chief Investment Officer of The Arab Energy Fund. “Tagaddod’s platform reflects our commitment to backing scalable, sustainable infrastructure that accelerates the region’s transition to alternative energy, resource efficiency, and circular economic models.” The company will continue developing digital tools that increase traceability, ensure international sustainability certification compliance, and bring visibility to traditionally informal supply chains while positioning itself for long-term leadership in the global clean energy ecosystem.

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