CAIRO – 7 April 2021: Algebra Ventures announced the launch of its second $ 90 million fund dedicated to investing in startups with a focus on Egypt and allocating a special stake to the Middle East and Africa region. Algebra Ventures will aim to complete the first closure in the third quarter of 2021. Algebra Ventures works with the support of its companies in various ways, including providing financial investments, helping to develop strategies, as well as paying attention to human resources. Algebra intensifies its efforts to enhance communication between its companies and those with the most prominent and ambitious competencies. In addition, it expands its internal team to enable it to maintain growth and ensure that the company's vision is implemented efficiently.

Source: Egypt Today April 07, 2021 13:23 UTC