Tech Company Financing Transactions
Cartona Funding Round
On 7/30/2024, Cartona received $8.1 million in Series A investment from Algebra Ventures, Camel Venture and SANAD Fund for MSME.
Transaction Overview
Company Name
Announced On
7/30/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$8,100,000
Round
Series A
Investors
Proceeds Purpose
That capital will be used to grow its market share in Egypt by deepening its operations in FMCG and HORECA (hotel, restaurant and cafe/catering), a vertical it launched over a year ago.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
23 Mesadak St.
Dokki Giza, Undisclosed
Egypt
Dokki Giza, Undisclosed
Egypt
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Cartona is Egypt's fastest-growing B2B E-commerce marketplace. Bringing the marketplace online, Cartona connects buyers and sellers across the supply chain. These ties grant merchants efficient and profitable growth, so we can all grow equally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mahmoud Talaat
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