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Climatetech

Climatetech

+3

Egypt's Falak Startups exits used cooking oil startup Delta Oil at a 25.5x return

Apr 10, 2026

•

4 min read

Egypt's Falak Startups exits used cooking oil startup Delta Oil at a 25.5x return

The stake has been acquired by Den VC, a US-based venture capital firm operating in emerging markets including Africa and the Arab region, which has added Delta Oil to its active portfolio.

Jamie Lane
Jamie Lane

Climatetech

+4

Kingdom Holding acquires Prince Alwaleed's stake in Bill Gates' Breakthrough Energy Ventures at a 30% discount

Apr 10, 2026

•

4 min read

Kingdom Holding acquires Prince Alwaleed's stake in Bill Gates' Breakthrough Energy Ventures at a 30% discount

The stake's valuation has been relatively stable, recorded at $96.6 million in 2022, $91.4 million in 2023 and $98 million in the latest reporting period, placing Kingdom Holding's entry below all three marks.

Jamie Lane
Jamie Lane

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