In Egypt, Tagaddod, the tech-powered renewable feedstocks platform operating across Africa, Asia, and Europe, is proud to announce the successful close of its $26.3 million Series A funding round, led by The Arab Energy Fund (TAEF), a leading multilateral impact financial institution focused on sustainable energy and regional energy security, with notable participation from FMO, VKAV, and A15.
This major investment marks a key milestone in Tagaddod’s mission to become a global leader in the supply of renewable, traceable, and sustainable feedstocks; including Used Cooking Oil (UCO), Acid Oils, and Animal Fats, to the rapidly growing biofuels and Sustainable Aviation Fuel (SAF) industries.
Tagaddod has developed a proprietary, tech-powered platform that collects, aggregates, and traces renewable waste-based feedstocks from thousands of suppliers, including households, restaurants, food manufacturers, and collectors across its operating markets. With regional hubs in Egypt, Jordan, and the Netherlands, and a growing footprint in Saudi Arabia and other key markets, the company plays a crucial role in enabling sustainable supply chains for global off-takers and refineries.
Tags: Egypt, TAEF, Tagaddod
Category: Fuels
