Tagaddod, a tech-powered platform that sources renewable feedstocks across Africa, Asia, and Europe, has successfully closed its $26.3 million Series A funding round. The round was led by The Arab Energy Fund (TAEF), a multilateral impact finance institution focused on sustainable energy and regional energy security, with participation from FMO, VKAV, and A15 Ventures.
This funding represents a significant step forward in Tagaddod’s mission to become a global leader in supplying renewable, traceable, and sustainable feedstocks—including Used Cooking Oil (UCO), Acid Oils, and Animal Fats—for the rapidly growing biofuels and Sustainable Aviation Fuel (SAF) industries.
Tagaddod operates a proprietary digital platform that collects, aggregates, and traces renewable feedstocks from thousands of suppliers, including households, restaurants, food manufacturers, and collectors. With regional hubs in Egypt, Jordan, and the Netherlands, and an expanding presence in Saudi Arabia and other key markets, the company enables sustainable supply chains for global off-takers and refineries.
The new capital will allow Tagaddod to accelerate regional expansion, enhance its technology capabilities—including AI-powered logistics optimization, predictive analytics, and automated traceability systems—and increase operational capacity to manage larger volumes of certified, export-grade renewable feedstocks. The company also aims to strengthen its long-term leadership position in the global SAF and biofuels ecosystem.
Nour El Assal, Co-Founder and CEO of Tagaddod, said, “This is more than a funding milestone — it’s a strategic partnership that empowers us to build 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.”
Existing investors FMO, VKAV, and A15 Ventures also participated in the round, reaffirming their support for Tagaddod’s vision. Ahmed ElFarnawany, CFO of Tagaddod, emphasized, “This capital is not here to burn — it’s here to scale. Our focus is on execution, profitability, and building a business that delivers long-term value.”
The funding comes at a time when global demand for biofuels and SAF is accelerating due to climate regulations, airline mandates, and decarbonization targets. Feedstock availability is becoming a critical constraint, and Tagaddod is uniquely positioned to address this challenge by connecting fragmented waste supply networks with large-scale industrial demand.
Maheur Mouradi, Chief Investment Officer of TAEF, commented, “Tagaddod’s platform is mission-critical and highly scalable. This investment aligns with our commitment to sustainable infrastructure, resource efficiency, and circular economic models, with long-term ambitions in the biofuels sector.”
With the Series A funding, Tagaddod plans to deepen its presence in current markets, expand into new territories, and invest in people, processes, and partnerships to strengthen its position in the global clean energy ecosystem. The company will continue developing digital tools to increase traceability, ensure compliance with international sustainability standards, and improve visibility and efficiency across traditionally informal supply chains.
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