Cartona
B2B marketplace empowering retailers by connecting them to hundreds of wholesalers, suppliers and producing companies.
Location: Egypt
Website: https://cartona.com/
Sector: Retail
Funding Stage: Pre-Series A, Series A, Series A extension, Debt,
Total Funding ($m): 24.6
# of Founders: 3
Founding Year: 2020
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $4.5m | Pre-Series A | Global Ventures, Kepple Africa Ventures, T5 Capital |
| 2022 | $12m | Series A | Silicon Badia, SANAD, Arab Bank Accelerator, Sunny Side Venture Partners, Global Ventures, Kepple Africa Ventures |
| 2024 | $5.6m | Series A extension | Algebra Ventures, Silicon Badia, SANAD |
| 2024 | $2.5m | Debt | Camel Ventures, GlobalCorp |
Pre-Series A $4.5m
Global Ventures, Kepple Africa Ventures, T5 CapitalSeries A $12m
Silicon Badia, SANAD, Arab Bank Accelerator, Sunny Side Venture Partners, Global Ventures, Kepple Africa VenturesSeries A extension $5.6m
Algebra Ventures, Silicon Badia, SANADDebt $2.5m
Camel Ventures, GlobalCorpNews
https://techcrunch.com/2024/07/30/egypts-cartona-raises-8-1m-even-as-investors-pull-back-from-b2b-e-commerce-in-africa/