{"id":97545,"date":"2024-11-05T00:00:00","date_gmt":"2024-11-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/northladder-secures-usd-10-mn-series-b-funding\/"},"modified":"2024-11-05T00:00:00","modified_gmt":"2024-11-05T00:00:00","slug":"northladder-secures-usd-10-mn-series-b-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/11\/05\/northladder-secures-usd-10-mn-series-b-funding\/","title":{"rendered":"NorthLadder secures USD 10 mn Series B funding"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE-based device trade-in platform NorthLadder raised USD 10 mn in a <\/strong><strong>Series B <\/strong><strong>funding round<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2024\/11\/northladder-completes-10-million-series-b-led-tali-ventures\" style=\"\" rel=\"noopener\">press release<\/a>. The investment was led by Saudi telco stc Group\u2019s corporate venture capital arm, <a target=\"_blank\" href=\"https:\/\/tali.vc\/\" style=\"\" rel=\"noopener\">tali ventures<\/a>, with additional funds from Amsterdam-based <a target=\"_blank\" href=\"https:\/\/www.dutchfoundersfund.com\/\" style=\"\" rel=\"noopener\">Dutch Founders Fund<\/a> and Leuven-based Crescent Ventures. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the funds go?<\/strong> The funding will enable <a target=\"_blank\" href=\"https:\/\/www.northladder.com\/ae-en\/\" style=\"\" rel=\"noopener\">NorthLadder<\/a> to expand its operations into new international markets, particularly in Europe \u2014 where it has recently established a presence in Amsterdam \u2014 as well as support developments to its trade-in platform.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About NorthLadder:<\/strong> NorthLadder was founded in 2018 and specializes in pre-owned electronics trade-ins, offering an automated assessment process and home pickup services. <\/p>\n<p class=\"tag-border-left\">MORE FROM PLANET STARTUP<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fintech startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.warburg.ai\/\" style=\"\" rel=\"noopener\">Warburg AI<\/a><\/strong><strong> raised USD 250k in a seed funding round<\/strong>, according to media reports (<a target=\"_blank\" href=\"https:\/\/www.edgemiddleeast.com\/ai\/uae-based-warburg-ai-secures-250000-seed-funding-to-propel-ai-financial-services-platform\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/waya.media\/uae-based-fintech-warburg-ai-secures-usd-250k-seed-funding\/\" style=\"\" rel=\"noopener\">here<\/a>). The funding will be allocated to ramp up the development of its AI-powered financial products and grow its team.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Warburg Al:<\/strong> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NorthLadder will use the funding to expand in new international markets<\/p>\n","protected":false},"author":1,"featured_media":97546,"comment_status":"","ping_status":"open","sticky":false,"template":"","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":[1548],"tags":[1938,7,78,147,1334],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-97545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-electronics","tag-enterpriseam-uae","tag-startup-watch","tag-startups","tag-trade","wpautop","entry"],"acf":{"mongo_id":"aba189a2-6571-4854-917d-8624099f90db","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/296.jpg","photo_position":"above","homepage_title":"","full_issue_title":"NorthLadder secures USD 10 mn Series B funding","related_issue":[97533],"teaser":"NorthLadder will use the funding to expand in new international markets","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.61ecc9ac-a94c-435e-859b-510c7973ea91.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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