How many companies are there in Algeria?

As of Jun 2025, there are 922 companies in Algeria.

How many companies in Algeria have received funding?

As of Jun 2025, a total of 50 companies in Algeria have secured funding.

How many unicorns has Algeria produced?

As of Jun 2025, Algeria has produced 1 unicorn.

How many acquisitions have taken place in Algeria?

As of Jun 2025, Algeria has seen a total of 4 acquisitions.

Startups in Algeria - 2025 Latest Funding Rounds, Trends and News - Tracxn

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Algeria has over 922 startups across the country. Of these, 50 are funded companies that have collectively raised $971M in venture capital and private equity. The country is home to 1 unicorn. A total of 76 investors have participated in 75 funding rounds, with 4 raising late-stage funding. In the last five years, 269 new companies have been founded. Startups in Algeria have witnessed 4 acquisitions and 4 IPOs, while 187 startups wrapped up operations.

Key Metrics

Total Companies

922

Top Companies

Jumia, YASSIR & 3 more

Total Funding

$971M

Funded Companies

Series A+ Companies

Unicorns Created

IPOs

Acquisitions

Jumia is the top company in Algeria, ranked using Tracxn Score (what's this?).

Here are 5 of the top companies in Algeria

Company	Location	Founded	Current Stage	Private Funding Raised
Jumia	-	2012	Public	$593M
YASSIR	Algiers	2017	Series B	$193M
Wallenius Wilhelmsen	Algiers	1999	Public	-
TOD	-	2021	Unfunded	-
Africinvest	Paris	1994	Unfunded	-

Get a longer list of companies

In the year 2022, till November 2022, $150M has been raised in 1 equity funding round across Algeria. In the same period last year (i.e. till November 2021), $43.2M had been raised across 2 rounds in Algeria. So, 2022 has seen a 246.82% rise in funding in companies of Algeria as compared to 2021.

Here are some recent, important funding rounds in Algeria

Company	Round Raised	Amount Raised	Funding Date	Investors
YASSIR	Series B	$150M	Nov 07, 2022	Bond Capital and 5 more
YASSIR	Series A	$30M	Nov 28, 2021	WndrCo and 13 more
YASSIR	Seed	$13.2M	Aug 2021	Y Combinator and 8 more
YASSIR	Seed	$150K	Mar 18, 2020	Y Combinator
LD AZOUAOU	Seed	$150K	Mar 17, 2020	Mahindra

See a more detailed list of funding rounds

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920+ Total Companies
$971M+ Total Funding
45+ Funded Companies
4 IPOs
4 Acquisitions

European Union is the top investor in companies of Algeria based on number of companies invested.

Here are some top investors in Algeria

Investor	Location	Top Portfolio Companies
European Union	Brussels (Belgium)	Wallenius Wilhelmsen, WTW, University of Abou Bakr Belkaid, Fennaco Academy
Africinvest	Paris (France)	ICOSNET, INPHA-MédiS, Maghreb Leasing Algerie, General Emballage
Mediterrania Capital Partners	Barcelona (Spain)	BIOPHARM, CEPRO, Cieptal cars
DN Capital	London (United Kingdom)	YASSIR
Y Combinator	Mountain View (United States)	YASSIR

See a more detailed list of investors

In the year 2023, till June 2023, 1 acquisition happened in Algeria. Last year, in 2022, a total of 1 acquisition happened in Algeria.

Here are some recent, important acquisitions in Algeria

Company	Acquisition Type	Acquisition Date	Acquirers
Al Salam Bank Algeria	Business Acquisition	Jun 21, 2023	Al Salam Bank
Dynaopt	Business Acquisition	Dec 28, 2022	ABO-Group
GANFooD	Business Acquisition	Oct 16, 2017	Havas Group
Divona	Acqui-Hired	Oct 15, 2013	SLC

See a more detailed list of acquisitions

In the year 2019, till April 2019, 1 IPO happened in Algeria.

Here are some recent, important IPOs in Algeria

Company	IPO Date	Exchange Symbol
Jumia	Apr 12, 2019	New York Stock Exchange (NYSE)
Wallenius Wilhelmsen	May 10, 2011	Euronext Exchange (Euronext)
WTW	Jun 15, 2001	National Association of Securities Dealers Automated Quotations (NASDAQ)