VOLZ Raises $5 Million in the Largest Startup Funding Round in Algeria’s History
Algeria-based travel technology company VOLZ has announced the close of a $5 million funding round, marking the largest startup funding round in Algeria’s history.
The round was led by Tell Group, with participation from GIBA Group (Babahom Industrial Group), the owner of the “Guedila” bottled water brand. The announcement was made during the Africa Startup Conference 2025 in Algiers, where VOLZ was among the event’s leading sponsors.
The funding represents a major milestone for Algeria’s tech ecosystem, delivering two landmark achievements:
- The first successful exit for the Algerian Startup Fund (ASF), generating a return exceeding 3.35× on its initial investment.
- The largest funding round ever raised by an Algerian startup.
Founded in 2023, VOLZ achieved over 1000% growth within a single year, driven by a business model that blends digital innovation with deep local market insight. The platform enables travelers to:
- Book flights in local currency
- Pay online or on delivery
- Compare flights across multiple airlines
- Access fast and efficient customer support
- Receive tickets via delivery services
Commenting on the round, CEO Mohamed Abdelhadi Mezzi said:
“Our goal is to empower Algerian travelers and make travel simpler, clearer, and accessible to everyone. We value the support of the Algerian Startup Fund and welcome our new investors with ambition and responsibility.”
Following the raise, VOLZ plans to:
- Expand its operations within Algeria and launch new products
- Enter new markets across North and West Africa
- Launch a corporate travel management solution
- Strengthen its position as the region’s most trusted travel platform
