Bekia Raises USD 765 K To Scale Egypt’s Recycling Technology

Bekia, an Egyptian waste-management startup, has raised USD 765 K in seed funding to expand its recycling technology and launch its first B2B software product.

Founded in 2019 by Alaa Afifi, a Cairo University computer science graduate, and based in Cairo, Egypt, Bekia operates a digital platform that connects households and businesses with waste collectors, records collection transactions, and links recyclable materials to industrial buyers.

Madica led the round, with follow-on investment from Catalyst Fund and participation from Jambaar Capital. Bekia says it has diverted more than 25,000 tonnes of waste from landfill, served over 100,000 customers, and created earning opportunities for more than 2,400 people.

The company will use the funding to expand its engineering team, launch Bekia Next in October, and test its model in another African market.