Bekia Raises $765,000 Seed

Bekia, an Egyptian recycling startup, has secured $765,000 in seed funding to scale its collection network and expand its technological capabilities. The company provides a platform that formalizes waste collection by connecting households with recycling services through digital payments and verified tracking.

Investors

The round was led by Madica, an Africa-focused investment programme affiliated with Flourish Ventures. The round also included participation from returning investor Catalyst Fund and Dakar-based Jambaar Capital.

Bekia Use of Funds

Bekia plans to use the new funding to grow its engineering team, bring its forthcoming B2B software product Bekia Next to market, and begin testing its operational model in a second African market.

About Bekia

Founded in 2019 by Alaa Afifi, Bekia operates a digital platform that facilitates waste recycling in Egypt. The company aims to bridge the gap between households and factories by formalizing the waste collection process and creating an interconnected, tech-driven ecosystem. The company is set to launch its B2B software product, Bekia Next, in October 2026.

Funding Details

Company Website: https://bekia-egypt.com

Company: Bekia
Raised: $765,000
Round: Seed
Funding Date: September 16, 2026
Lead Investor: Madica
Additional Investors: Catalyst Fund, Jambaar Capital
Software Category: Climate Tech
Source: https://thecondia.com/bekia-seed-funding/