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CardoO, an Egyptian IoT Devices Manufacturer Secured a $660,000 Seed Round

IoT device maker CardoO, based in Egypt, has raised a $660,000 seed round of funding, which was led by The Alexandria Angels and included angel investors from Saudi Arabia, Sofico Investments, and the European Bank for Reconstruction and Development (EBRD). By enabling MENA customers’ access to the newest cheap consumer electronics and Internet of Things…