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. Founded in 2019, Cartona is digitising the traditional trade market in Egypt, including mom-and-pop stores, FMCG producers, wholesalers, and distributors. The startup embraces a cashless society […]
Argaam Investment Company, the owner of Argaam Portal, signed an exclusive advertising agency agreement with information technology service provider Speakol. Under the agreement, Speakol will serve as the advertising agent of Argaam’s platforms inside and outside the Kingdom of Saudi Arabia. Argaam is Saudi Arabia’s go-to-portal for financial data and economic analysis. It provides investors, […]
The round was led by Global Ventures, with participation from Kepple Africa Ventures, T5 Ventures and a group of angel investors. Proceeds will be used to invest in deepening the capabilities of the technology to enhance the user experience further and introduce embedded finance within the product and order cycle. Historically, Egyptian retailers have had […]
