Skip to main content

Tagaddod secures US$26.3 million Series A

 

Published by
Hydrocarbon Engineering,

Tagaddod, the tech-powered renewable feedstocks platform operating across Africa, Asia, and Europe, has announced the close of its US$26.3 million Series A funding round, led by The Arab Energy Fund (TAEF), a multilateral impact financial institution focused on sustainable energy and regional energy security, with 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.

Digitising waste and enabling biofuels

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. 

With this round, Tagaddod will:

  • Accelerate its regional expansion across existing and new markets in Africa, Asia, and Europe.
  • Enhance its technology stack, including AI-powered logistics optimisation, predictive analytics, and automated traceability systems.
  • Increase operational capacity, building infrastructure and partnerships to support larger volumes of certified, export-grade renewable feedstocks.
  • Lay the foundations for long-term leadership in the global SAF and biofuels ecosystem.

“This is more than just a funding milestone – it is a strategic partnership that empowers us to take bold steps toward building the infrastructure, technology, and supply chains needed to support a cleaner energy future,” said Nour El Assal, Co-Founder and CEO of Tagaddod. “TAEF’s regional reach and commitment to sustainable development make them an ideal partner as we scale.”

Strengthening global biofuel supply chains

The global demand for biofuels and SAF is accelerating; driven by climate regulations, airline mandates, and decarbonisation targets. Feedstock availability is becoming a critical bottleneck for sustainable fuel growth, and Tagaddod is uniquely positioned to solve this challenge. By combining ground-level sourcing with technology and compliance infrastructure, Tagaddod bridges fragmented waste supply networks with large scale industrial demand.

“This is a compelling opportunity to support a founder-led company operating in a mission-critical and underserved segment,” said Maheur Mourali, Chief Investment Officer of The Arab Energy Fund. “Tagaddod’s platform reflects our commitment to backing scalable, sustainable infrastructure that accelerates the region’s transition to alternative energy, resource efficiency, and circular economic models, including our long-term goal of leadership in the biofuels space.”

 

This article has been tagged under the following:

Downstream news Downstream contract news Downstream contract news Biofuel news SAF news Decarbonisation news