VC firm

Algerian Startup Fund (ASF)

Kingmaker Tier

Kingmaker Tier: 20 out of 100

Advanced manufacturing
Agtech
Banking & lending
Biotech & therapeutics
Carbon & climate software
Care delivery & digital health
Clean energy & storage
Crypto & blockchain
Finance operations
Health IT
Higher education & upskilling
Insurance
K-12 education
Medical devices & diagnostics
Mental health & wellness
Payments
Sustainable materials & circular economy
Wealth & investing
Women's & family health
Multi stage
Climate positive
DZ
Sovereign or government
VC

Investor type: VC
Investing status: Activeas of 2026-09-21Source (opens in a new tab)
Check size: with tickets of up to DZD 150 million per project depending on needs and maturity.Source (opens in a new tab)
Legal name: Algerian Startup Fund spa

asf.dz (opens in a new tab)

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Record updated 21 September 2026

About

Born from a presidential vision to put innovation at the center of national development, the Algerian Startup Fund (ASF) was initiated by the President of the Republic, H.E. Abdelmadjid Tebboune. Publicly announced at the first Algeria Disrupt in 2020, the fund embodies a strong commitment: equipping Algeria with a modern venture financing vehicle to back its talent, accelerate economic transformation, and create value nationwide.

Investment approach

Thesis: Our ambition remains clear: turning promising projects into lasting results, in service of an innovative, competitive, and prosperous Algeria.Source (opens in a new tab)
Eligibility: Innovative, registered startups with a strong product vision and dedicated team.
Investing status notes: Funding Application

Programs

Open application: Funding Application (opens in a new tab)

No relationship data available in VC Catalog

VC Catalog has no relationship records for this VC firm yet. This describes the coverage of our database only; it does not mean that Algerian Startup Fund (ASF) has no relationships in the real world.