THE MIDDLE EAST’S

1. Karim Hussein; Laila Hassan; Tarek Assaad; Omar Khashaba

Company: Algebra Ventures
Designation: Managing Partner; General Partner; Managing Partner; General Partner
Nationality: Egyptians
Headquarters: Egypt
Established: 2016

Algebra Ventures focuses primarily on investing in technology startups. In June 2024, it co-led Connect Money’s $8 million seed funding round, and Cartona’s Series A extension funding round at $8.1 million in July 2024. Hussein is also a board member at Contact Financial Holding, Yodawy, Little Thinking Minds, and Simplex Arabia CNC Solutions, whereas Hassan is a venture partner at 500 Global. Assaad has been a managing partner at Ideavelopers since 2009, and Khashaba was previously CEO of Tutorama from 2014 to 2017.