Algerian Startup Fund (ASF)
Sovereign-backed venture fund investing seed and Series A capital into Algerian startups holding the official Startup Label.
Profile
ASF is the largest local source of equity for Algerian founders, deploying tickets from DZD 5M to DZD 250M. Its co-investment programme with private VCs and the Bourse d’Alger is the most credible path to a priced Algerian round.
Algerian link
Office at Cyber Parc Sidi Abdellah, Algiers.
Sectorfintech
Stagegrowth
FundingSovereign + bank co-investors
Employees40+
Founded2020