# Algerian Startup Fund

> Algerian Startup Fund is a VC fund backing Apps, E-Commerce and Manufacturing. See 83 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 83
- Last investment: Dec 2023
- Lead investor: 99%
- Last updated: Aug 2026
- Website: https://asf.dz/

Algerian Startup Fund is a VC fund focused on Apps and E-Commerce. Crée en Octobre 2020, Algerian Startup Fund (ASF), est une société de capital investissement, notre mission est de développer l'écosysteme entreprenariale et d'innovation en Algérie en proposant des services de financement répondant aux besoins des startups

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $80k–$145k |
| Pre-Seed | $35k–$140k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 7 | 8% |
| E-Commerce | 7 | 8% |
| Manufacturing | 7 | 8% |
| Consulting | 6 | 7% |
| Retail | 4 | 5% |

112 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 70 | 84% |
| Seed | 12 | 14% |
| Series A | 1 | 1% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Algeria | 52 | 63% |
| France | 5 | 6% |
| Spain | 1 | 1% |
| Greece | 1 | 1% |
| Nigeria | 1 | 1% |

7 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Instaclean | Professional at-home car wash services for ultimate convenience. | $140K | Pre-Seed | Dec 21, 2023 |  |
| Skaly academy | Skaly academy empowers its student to master the sales automation software, Skaly. | $95K | Pre-Seed | Nov 07, 2023 |  |
| Volz | Volz is an online travel platform that offers streamlined flight bookings for seamless travel experiences. | $150K | Pre-Seed | Oct 24, 2023 |  |
| Noma pro | Innovative skincare technology for radiant beauty and wellness. | $150K | Pre-Seed | Oct 24, 2023 |  |
| Hicosoft | Hicosoft creates immersive medieval and historic-themed gaming experiences. | $140K | Pre-Seed | Sep 21, 2023 |  |
| Qareeb | Qareeb.com is transforming your seasonal fruit experience in Saudi Arabia, becoming the premier online destination for Pakistani Mangoes. We meticulously source and deliver only the highest quality mangoes, ensuring each fruit is bursting with authentic flavor. Our exclusive selection features the renowned Premium Sindhri Mangoes, celebrated fortheir unique taste and smooth texture, and the irresistibly sweet Fresh Chaunsa Mangoes. | $80K | Pre-Seed | Jul 12, 2023 |  |
| Agromart | Analyzing land for optimal crop cultivation and yield enhancement. | $75K | Pre-Seed | Jul 09, 2023 |  |
| Pimarket | Pimarket SARL under Algerian law, provides an online search and order portal for spare parts available to companies in the construction, transport, logistics, petrochemical, and others, in order to enable them to obtain supplies, easily, quickly and independently, from the best suppliers and equipment manufacturers on the international market. | $90K | Pre-Seed | Jun 07, 2023 |  |
| MPHFC | MPHFC manufactures, processes and monitors chemicals for oil, gas and water treatment. | $135K | Pre-Seed | Feb 26, 2023 |  |
| REVADEX | REVADEX offers a turnkey multi-flow recycling service | $65K | Pre-Seed | Feb 23, 2023 |  |

10 of 83 investments shown.

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

### Similar country
- [Launch Africa](https://shizune.co/investors/profile/launch-africa) — VC Fund
- [Ventures Platform](https://shizune.co/investors/profile/ventures-platform) — VC Fund
- [Women Entrepreneurship for Africa](https://shizune.co/investors/profile/women-entrepreneurship-for-africa) — VC Fund

## Featured in investor lists
- [All Investors in Africa](https://shizune.co/investors/investors-africa)
- [All VC Funds in Africa](https://shizune.co/investors/vc-funds-africa)
- [All Investors in Algeria](https://shizune.co/investors/investors-algeria)
- [All VC Funds in Algeria](https://shizune.co/investors/vc-funds-algeria)
- [SaaS Investors in Africa](https://shizune.co/investors/saas-investors-africa)
- [SaaS VC Funds in Africa](https://shizune.co/investors/saas-vc-funds-africa)

## FAQ

### What does Algerian Startup Fund invest in?

Algerian Startup Fund invests primarily in Apps, E-Commerce and Manufacturing startups, most often at Pre-Seed and Seed stage. Most of the 83 investments tracked by Shizune back companies in Algeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Algerian Startup Fund's check size?

Algerian Startup Fund typically joins rounds of $80k–$145k at Seed and $35k–$140k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Algerian Startup Fund participates in.

### When did Algerian Startup Fund last invest?

The most recent investment recorded for Algerian Startup Fund closed in Dec 2023. Shizune tracks 83 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co