Egypt-based Tagaddod, a renewable feedstocks platform digitising waste-to-biofuel supply chains, 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 operates a proprietary tech platform that collects, traces, and certifies waste-based feedstocks such as used cooking oil, acid oils, and animal fats from thousands of suppliers including households, restaurants, and manufacturers.
With regional hubs in Egypt, Jordan, and the Netherlands, and a growing footprint in Saudi Arabia, the company plays a critical role in supplying certified renewable inputs to the global biofuels and Sustainable Aviation Fuel (SAF) industries.
The new capital will accelerate Tagaddod’s regional expansion across Africa, Asia, and Europe, enhance its AI-driven logistics and predictive analytics systems, and scale infrastructure to handle higher feedstock volumes.
“This is more than just a funding milestone — it’s a strategic partnership that empowers us to build the infrastructure and technology needed for a cleaner energy future,” said Nour El Assal, Co-Founder and CEO of Tagaddod. “TAEF’s reach and commitment to sustainability make them an ideal partner as we scale.”
The funding marks a key step in Tagaddod’s push to become a global leader in renewable feedstock supply, a market expected to surge as SAF demand accelerates under climate mandates and airline decarbonisation targets.
“This capital is not here to burn — it’s here to scale,” added Ahmed ElFarnawany, CFO of Tagaddod. “Our focus is profitability, execution, and long-term value.”
Maheur Mouradi, Chief Investment Officer at The Arab Energy Fund, said the deal reflects the fund’s commitment to supporting scalable infrastructure that drives the region’s transition to sustainable and circular energy models.
With this round, Tagaddod will deepen its presence in existing markets, expand into new territories, and invest in the digital tools and partnerships underpinning the global clean energy transition.
