UAE-based device trade-in platform NorthLadder raised USD 10 mn in a Series B funding round, according to a press release. The investment was led by Saudi telco stc Group’s corporate venture capital arm, tali ventures, with additional funds from Amsterdam-based Dutch Founders Fund and Leuven-based Crescent Ventures.

Where will the funds go? The funding will enable NorthLadder to expand its operations into new international markets, particularly in Europe — where it has recently established a presence in Amsterdam — as well as support developments to its trade-in platform.

About NorthLadder: NorthLadder was founded in 2018 and specializes in pre-owned electronics trade-ins, offering an automated assessment process and home pickup services.

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About Warburg Al: Founded in Sharjah in September 2024, Warburg AI specializes in algorithmic trading, real-time risk management, and asset optimization using machine learning techniques, particularly in the FX and cryptocurrency markets.

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