The leading representative office of defined VC is situated in the Cairo. The venture was found in Africa in Egypt.
The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Algebra Ventures, startups are often financed by Middle East Venture Partners (MEVP), Vodafone Ventures, Samih Toukan. The meaningful sponsors for the fund in investment in the same round are 500 Startups, Raed Ventures, Next Billion Ventures. In the next rounds fund is usually obtained by 500 Startups, Y Combinator, Savour Ventures.
For fund there is a match between the location of its establishment and the land of its numerous investments - Egypt. Among the most popular fund investment industries, there are Transportation, Wearables. Among the most popular portfolio startups of the fund, we may highlight Halan.
This organization was formed by Karim Hussein, Tarek Assaad, Ziad Mokhtar. Besides them, we counted 3 critical employees of this fund in our database.
The usual things for fund are deals in the range of 1 - 5 millions dollars. Speaking about the real fund results, this VC is 68 percentage points more often commits exit comparing to other organizations. The fund is generally included in 2-6 deals every year. The average startup value when the investment from Algebra Ventures is 10-50 millions dollars. The top activity for fund was in 2018.
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