Cairo - Mubasher: Egypt-based cleantech Tagaddod has raised $26.30 million in Series A funding led by the Arab Energy Fund (TAEF), with participation from FMO, VKAV, A15, and other returning investors.

The investment will accelerate Tagaddod’s expansion across key markets and enhance its AI-powered logistics and traceability systems, according to a press release.

It will also increase the company’s operational capacity to meet the rising demand for renewable feedstocks used in biofuels and sustainable aviation fuel (SAF).

Nour El-Assal, Co-Founder and CEO of Tagaddod, stated: “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.”  “TAEF’s regional reach and commitment to sustainable development make them an ideal partner as we scale,” the CEO added.

Ahmed El-Farnawany, CFO of Tagaddod, commented: “We are backed by partners who share our belief that renewable feedstocks are at the core of the global energy transition.”

From the investment side, Maheur Mouradi, CIO of TAEF, said: “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.”

Founded in 2013, Tagaddod is a tech-driven renewable feedstock platform operating across Africa, Asia, and Europe, Jordan, and the Netherlands.

It collects and tracks used cooking oil, acid oils, and animal fats through a digital platform linking suppliers to global refineries.