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Egypt start-up CardoO raises $660,000 to support local tech manufacturing

Press Room by Press Room
October 3, 2022
in Technology
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CardoO, an Egyptian start-up that develops smart devices, raised $660,000 in a seed funding round that will help it to grow market share in the region as part of efforts to boost technology manufacturing.

The investment round was led by Alexandria Angels, an network based in Egypt, with the participation of angel investors from Saudi Arabia, Belgium-based Sofico Investments and the European Bank for Reconstruction and Development, the…



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