Tarek Assaad is Managing Partner at Algebra Ventures, Egypt’s leading VC firm. Algebra’s $54M first fund invested in 21 companies including some of Egypt’s most prominent technology startups. Its new $100M fund is actively investing in Egypt and the region.
Prior to Algebra, Tarek was Managing Partner at Ideavelopers where he had been managing $50m of VC investments since 2009 and where he led the fund’s investment in Fawry, the first venture-backed company to go public in Egypt and to become a unicorn.
Tarek started his career as an engineer at Lucent Technologies then as a software developer at SAQQARA Systems, an internet startup in Silicon Valley.
Tarek holds a B.Sc. in Electronics and Communication Engineering from Ain Shams University in Cairo and an MBA from Stanford Graduate School of Business.
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