Startup Landscape in Algeria

Algeria has over 1,178 startups across the country. Of these, 85 are funded companies that have collectively raised $992M in venture capital and private equity. The country is home to 1 unicorn. A total of 80 investors have participated in 100 funding rounds, with 4 startups securing early-stage funding and 4 raising late-stage funding. In the last five years, 192 new companies have been founded, raising over $5M in funding. Startups in Algeria have witnessed 4 acquisitions and 11 IPOs, while 279 startups wrapped up operations. Additionally, 8 companies have been founded by women.