Tagaddod, the tech-powered renewable feedstocks platform operating across Africa, Asia, and Europe, has announced 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 strong participation from FMO, VKAV, and A15.
This significant funding marks a major 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 support the rapidly expanding biofuels and Sustainable Aviation Fuel (SAF) industries.
Digitising waste. Enabling biofuels. At scale. Tagaddod has built a proprietary digital platform that collects, aggregates, and traces renewable waste-based feedstocks from thousands of suppliers such as households, restaurants, food manufacturers, and waste collectors. With regional hubs in Egypt, Jordan, and the Netherlands, and an expanding footprint in Saudi Arabia and other strategic markets, the company is playing a crucial role in enabling sustainable supply chains for global off-takers and refineries.
With this fresh capital, Tagaddod will:
- Accelerate its regional expansion across existing and new markets in Africa, Asia, and Europe.
- Enhance its technology stack with AI-powered logistics optimisation, predictive analytics, and automated traceability systems.
- Scale its operational capacity with infrastructure and partnerships supporting higher volumes of certified renewable feedstocks.
- Lay the foundation for long-term leadership in the global SAF and biofuels ecosystem.
“This is more than just a funding milestone — it’s 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.
“We are backed by partners who share our belief that renewable feedstocks are at the core of the global energy transition,” added Ahmed ElFarnawany, CFO of Tagaddod. “This capital is not here to burn — it’s here to scale. Our focus is profitability, execution, and building a business that delivers long-term value.”
As global demand for biofuels and SAF accelerates — driven by climate regulations, airline mandates, and decarbonisation targets — feedstock availability is emerging as a critical bottleneck. Tagaddod is uniquely positioned to solve this challenge by bridging fragmented waste supply networks with large-scale industrial demand, supported by robust technology and compliance infrastructure.
“This is a compelling opportunity to support a founder-led company operating in a mission-critical and underserved segment,” said Maheur Mouradi, Chief Investment Officer of TAEF. “Tagaddod’s platform reflects our commitment to scalable, sustainable infrastructure that accelerates the region’s transition to alternative energy, resource efficiency, and circular economic models.”
Looking ahead, Tagaddod aims to deepen its presence in current markets, expand into new geographies, and invest in the people, processes, and partnerships that will position it as a long-term player in the global clean energy ecosystem. The company will also continue developing advanced digital tools to enhance traceability, ensure compliance with sustainability certifications, and bring visibility and efficiency to traditionally informal supply chains.
