Stanford Alum Bags North Africa’s Biggest Tech Funding Round

An employee prepares groceries at the Algerian delivery company Yassir, in Algiers.
Photographer: Ryad Kramdi/AFP/Getty Images

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By Nicolas Parasie

November 7, 2022 at 11:30 AM UTC

This article is for subscribers only.

Startup Yassir secured $150 million from global investors in North Africa’s largest fundraising as the tech firm seeks to roll out its super app overseas.

Yassir, which started in Algeria, offers on-demand services for ride hailing, banking, food and grocery delivery. It raised the money from backers led by San Francisco-based technology investment firm BOND, with participation from DN Capital, Dorsal Capital, Quiet Capital, Stanford Alumni Ventures and Y Combinator, according to a statement.