Egypt’s Cartona raises $12 million Series A round

Egypt’s Cartona raises $12 million Series A round

Press release:

Cartona, a B2B platform based in Egypt, has closed its $12 million Series A fundraise led by Silicon Badia - the venture capital firm investing in global technology entrepreneurs, together with the active participation of the SANAD Fund for MSME, an impact investment fund dedicated to supporting entrepreneurs in the Middle East and North Africa. Arab Bank Accelerator and Sunny Side Ventures also participated, alongside existing investors - Global Ventures and Kepple Ventures.