VOLZ closes $5m Series A round, the largest funding raised by an Algerian startup
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3 Articles
The Algerian startup VOLZ, operating in the travel-tech via its local platform allowing to book flights in dinars with online payment or for reimbursement, carried out a historical fund raising of 600 million Algerian dinars, i.e. nearly 13.5 million Tunisian dinars. This round table was led by a consortium of private investors under the leadership of Tell Group, with the participation of the GIBA Family Group. This operation is the first succes…
Algeria's Traveltech Startup VOLZ Raises $5 Million in Landmark Funding Round
Algerian travel-tech startup VOLZ has raised $5 million in a landmark Series A funding round, marking the largest startup investment denominated in local currency in Algeria and a defining moment for the country’s emerging venture ecosystem. Speaking about the development “This fundraising allows us to accelerate our mission to make travel simpler and more accessible,” said VOLZ CEO Mohamed Abdelhadi Mezi. “It positions us to become the first A…
VOLZ closes $5m Series A round, the largest funding raised by an Algerian startup
Algeria-based travel technology company VOLZ has successfully raised 600 million dinars, approximately $5 million, in a Series A funding round led by a group of private investors associated with Tell Group, with additional participation from Groupe GIBA. This deal was announced in December 2025 during the African Startup Conference held in Algiers. This funding round marks a milestone for Algeria’s startup ecosystem, as it is the largest amount …
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