{"id":636419,"date":"2024-07-31T00:00:00","date_gmt":"2024-07-31T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/"},"modified":"2024-07-31T00:00:00","modified_gmt":"2024-07-31T00:00:00","slug":"cartona-raises-usd-8-1-mn-in-series-a-extension-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/","title":{"rendered":"Cartona raises USD 8.1 mn in series A extension round"},"content":{"rendered":"

Cartona closes series A extension round:<\/strong> Local B2B e-commerce platform Cartona<\/a> has raised USD 8.1 mn in a series A extension round consisting of USD 5.6 mn in equity capital and USD 2.5 mn in debt, the company said in a press release<\/a> yesterday. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The backers:<\/strong> The round was led by Algebra Ventures with participation from returning investors VC firm Silicon Badia and Finance in Motion\u2019s Sanad<\/a> fund. The debt component came from Camel Ventures<\/a> and GlobalCorp<\/a>.<\/p>\n

Where\u2019s the money going?<\/strong> Cartona will use the funds to grow its market share by expanding its operations in fast-moving consumer goods (FMCG) and hotel, restaurant, and caf\u00e9\/catering (HORECA). It also seeks to expand in the MENA region \u2014 including in Saudi Arabia \u2014 as well as explore B2B2C operations, founder and CEO Mahmoud Talaat told TechCrunch<\/a>.<\/p>\n

Cartona?<\/strong> Founded in August 2020, Cartona operates a digital marketplace that connects retailers with wholesalers, suppliers, and FMCGs. It seeks to digitize the traditional trade market \u2013 including mom-and-pop stores, hotels, restaurants, cafes, FMCG companies, and wholesalers.<\/p>\n

Remember:<\/strong> The company raised USD 12 mn in a series A round<\/a> led by Silicon Badia in July 2022, following a USD 4.5 mn<\/a> pre-series A round in September 2021.<\/p>\n

The company attributes its profitability to its asset-light business model:<\/strong> \u201cCartona\u2019s asset-light business model, with a lean cost base and compelling unit economics, remains a major competitive differentiator \u2014 especially amid an inflationary environment,\u201d the statement reads. We took a deep dive into what sets asset-light B2B e-commerce players apart from their asset-heavy competitors here<\/a>.<\/p>\n

What more? <\/strong>Founder Mahmoud Talaat was our Founder of the Week<\/a> in 2022 \u2014 he spoke to us about Cartona\u2019s mission and goals. <\/p>\n","protected":false},"excerpt":{"rendered":"

Cartona will use the funds to grow its market share by expanding its operations<\/p>\n","protected":false},"author":1,"featured_media":636420,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[398,2176,72,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-algebra-ventures","tag-cartona","tag-enterpriseam","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"d62ccee7-beef-4fd6-a1f9-6032d91c9cb1","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/2543.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Cartona raises USD 8.1 mn in series A extension round","related_issue":[636407],"teaser":"Cartona will use the funds to grow its market share by expanding its operations","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.ad8263f6-4973-461a-918e-980cad614817.mp3"},"yoast_head":"\nCartona raises USD 8.1 mn in series A extension round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cartona raises USD 8.1 mn in series A extension round\" \/>\n<meta property=\"og:description\" content=\"Cartona will use the funds to grow its market share by expanding its operations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-31T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cartona raises USD 8.1 mn in series A extension round\",\"datePublished\":\"2024-07-31T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/\"},\"wordCount\":306,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Algebra Ventures\",\"Cartona\",\"EnterpriseAM\",\"Startup watch\",\"startups\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/\",\"name\":\"Cartona raises USD 8.1 mn in series A extension round - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-07-31T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cartona raises USD 8.1 mn in series A extension round\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cartona raises USD 8.1 mn in series A extension round - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/","og_locale":"en_US","og_type":"article","og_title":"Cartona raises USD 8.1 mn in series A extension round","og_description":"Cartona will use the funds to grow its market share by expanding its operations","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-07-31T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Cartona raises USD 8.1 mn in series A extension round","datePublished":"2024-07-31T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/"},"wordCount":306,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1","keywords":["Algebra Ventures","Cartona","EnterpriseAM","Startup watch","startups"],"articleSection":["Startup watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/","name":"Cartona raises USD 8.1 mn in series A extension round - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1","datePublished":"2024-07-31T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/31\/cartona-raises-usd-8-1-mn-in-series-a-extension-round\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Cartona raises USD 8.1 mn in series A extension round"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2543.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":548104,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/26\/cartona-raises-usd-12-mn-series-a-funding\/","url_meta":{"origin":636419,"position":0},"title":"Cartona raises USD 12 mn series A funding","author":"enterpriseam admin","date":"26 July 2022","format":false,"excerpt":"Egyptian B2B e-commerce platform Cartona has raised USD 12 mn in a series A round led by VC firm Silicon Badia, the company said in a statement(pdf). KfW\u2019s Sanad Fund, Arab Bank Accelerator and Sunny Side Ventures also participated in the round together with existing investors Global Ventures and Kepple\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557530,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/e-commerce-player-cartona-raises-usd-4-5-mn-pre-series-a-funding\/","url_meta":{"origin":636419,"position":1},"title":"E-commerce player Cartona raises USD 4.5 mn pre-series A funding","author":"enterpriseam admin","date":"22 September 2021","format":false,"excerpt":"Egyptian B2B e-commerce platform Cartona has raised USD 4.5 mn in a pre-series A round led by the Dubai-based VC firm Global Ventures, the company said in a statement (pdf) yesterday. The Tokyo-based Kepple Africa Ventures, T5 Capital and a group of angel investors participated in the round. The company\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/308.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551967,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/meet-our-founder-of-the-week-mahmoud-talaat-ceo-and-co-founder-of-cartona\/","url_meta":{"origin":636419,"position":2},"title":"Meet our founder of the week: Mahmoud Talaat, CEO and co-founder of Cartona","author":"enterpriseam admin","date":"2 August 2022","format":false,"excerpt":"OUR FOUNDER OF THE WEEK- Mahmoud Talaat, CEO, and co-founder of Cartona (LinkedIn).My name is Mahmoud Talaat and I am the CEO and co-founder of Cartona. Cartona is actually my third entrepreneurial endeavor. My first job was at Lamar in 2012, back when it was still a startup and the\u2026","rel":"","context":"In "Founder of the Week"","block_context":{"text":"Founder of the Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/founder-of-the-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/483.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581239,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/22\/more-natgas-filling-stations-cartona-eyes-ksa-debut\/","url_meta":{"origin":636419,"position":3},"title":"More natgas filling stations + Cartona eyes KSA debut","author":"enterpriseam admin","date":"22 February 2023","format":false,"excerpt":"AUTOMOTIVE-More natgas filling stations: The number of natural gas filling stations has risen more than fourfold since 2020 to more than 900, as part of the state\u2019s push towards converting traditional vehicles to run on natgas, Oil Minister Tarek El Molla said in a statement yesterday. The state is working\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/Cargas-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568796,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/egyptian-food-tech-startup-elmenus-raises-usd-8-mn-in-series-b-round\/","url_meta":{"origin":636419,"position":4},"title":"Egyptian food-tech startup Elmenus raises USD 8 mn in series B round","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"STARTUP WATCH- Elmenus raises USD 8 mn in Algebra, Global Ventures-led series B funding round: Cairo-based food-tech startup Elmenus has raised USD 8 mn in a series B funding round led by our friends at Algebra Ventures and UAE-based venture capital fund Global Ventures, according to an emailed statement (pdf).\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566759,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/yodawy-lands-usd-7-5-mn-in-a-series-b-funding-round\/","url_meta":{"origin":636419,"position":5},"title":"Yodawy lands USD 7.5 mn in a series B funding round","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"Yodawy raises USD 7.5 mn in a Algebra, MEVP, Global Ventures-led series B funding: Pharma platform Yodawy has landed USD 7.5 mn in a series B funding round led by Algebra Ventures, Beirut-based Middle East Venture Partners (MEVP) and UAE-based venture capital fund Global Ventures, according to an emailed statement\u2026","rel":"","context":"In "SPEED ROUND: STARTUP WATCH"","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=636419"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636419\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/636420"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=636419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=636419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=636419"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=636419"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=636419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}