Algeria-based travel technology startup VOLZ has raised 600 million Algerian dinars, equivalent to around $5 million, in a Series A funding round, marking the largest amount ever raised by an Algerian startup in local currency. The round was led by private investors linked to Tell Group, with participation from Groupe GIBA, and was announced in December 2025 during the African Startup Conference in Algiers.
The transaction represents a major milestone for Algeria’s startup ecosystem and also marks the first exit of the Algerian Startup Fund, which was launched in October 2020 to support early-stage innovation. The deal signals growing confidence among local investors in homegrown digital platforms addressing structural market gaps.
Founded in 2023 by Mohamed Abdelhadi Mezi and Hacene Seghier, VOLZ operates a travel search and comparison platform that enables users to find flights across multiple airlines. A key differentiator is its ability to accept payments in Algerian dinars, either online or in cash upon ticket delivery, addressing long-standing payment and access challenges in the local travel market.
The funding round highlights increasing investor interest in startups focused on practical, localised solutions. VOLZ’s flexible payment options and local-currency model have driven rapid adoption, helping the company achieve more than 1,000 percent growth within its first year of operations.
Commenting on the raise, CEO Mohamed Abdelhadi Mezi said the investment would allow VOLZ to accelerate its mission of simplifying and improving travel access for Algerian consumers, reinforcing the company’s focus on clarity, affordability, and inclusion in the travel booking experience.
