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Algebra Ventures, Ezdehar to invest in loyalty solutions provider Dsquares

Algebra Ventures, Egypt’s leading venture capital fund, in partnership with Ezdehar Management, announced Tuesday their investment in Dsquares, the fastest growing loyalty solutions provider in the Middle East and Africa. Algebra’s strategic investment comes ahead of Dsquares’ launch of its b2c consumer-tech product, the Lucky Discounts App. “We’re pleased to partner with Algebra Ventures, a …

Daily News Egypt

La Reina raises $1m from Algebra Ventures, 500 Startups

La Reina, Egypt’s first online platform for rental couture, announced receiving $1m in a series A funding round, led by Egypt’s largest venture capital fund, Algebra Ventures, with participation from the global VC fund, 500 Startups. For her part, the co-founder of La Reina, Ghada El Tanawy, said that La Reina aims to grow its current …

Daily News Egypt

EAEF announces $10m investment in VC fund Algebra Ventures

The Egyptian-American Enterprise Fund (EAEF) announced on Wednesday that it invested $10m in a newly-launched venture capital fund, Algebra Ventures, which is expected to support between 20 to 25 start-ups with investments in the range of $0.5m to $4m. Algebra Ventures said in a statement that it seeks to back entrepreneurial teams with the vision …

Daily News Egypt

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