Cartona

SANAD Fund for MSME, an impact investment fund committed to assisting business owners in the Middle East and North Africa, and Silicon Badia, a venture capital firm investing in global technology entrepreneurs, both actively participated in the $12 million Series A fundraise for Cartona, a B2B platform with headquarters in Egypt. Along with already established…

Today, Cartona is announcing that it has raised a $4.5 million pre-Series A funding round to connect retailers and manufacturers via an application. It’s looking to take a large pie in the budding e-commerce and retail play, where multiple startups in Egypt are pulling their weight including Capiter, also a year-old startup we reported on last week. The…