Egyptian waste-tech startup Bekia raises $765,000 in seed funding to scale its B2B waste-tracking SaaS across Africa.
TL;DR
Egyptian startup Bekia secured $765,000 in seed funding led by Madica, with participation from Catalyst Fund and Jambaar Capital. The capital will fund engineering team expansion, growth of its B2B software, and pilot testing in a second African market.
Intelligence
The startup is launching 'Bekia Next' in October, a SaaS platform generating transaction data and CO₂-avoidance reports for corporate clients.
Bekia's pivot from B2C recycling to a B2B SaaS model highlights a growing demand for verifiable environmental and transactional data in Africa's informal waste sectors.
As Egypt aims to increase its municipal recycling rate from 37% in 2024 to 60% by 2027, corporate entities operating in North Africa will face stricter emissions compliance, driving the adoption of localized carbon-tracking platforms.
The startup's upcoming expansion beyond Egypt will test whether its data-driven model can adapt to different regional regulations and informal collection networks across the continent.
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