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SANAD Fund: Empowering African Startups in Series A Rounds SANAD Fund, a leading impact investor, has championed Series A growth for promising African startups like Cartona. Their focus on impact investing sets them apart, ensuring that startups not only scale but also create positive societal outcomes on the continent.

Type
Impact Investor

SANAD Fund's Portfolio in Africa

SANAD Fund has made over 2 notable investments in African startups. Their most recent investment was in Cartona, announced on July 30th, 2024.
SANAD Fund's Latest news
AAIB, SANAD Fund launch Sandah for microfinance in Egypt - ZAWYA

SANAD Fund's Investment activity in Africa

With over $17.6M invested in African startups, their latest investment was a Series A round in Cartona, announced on July 30th, 2024, closing at $5.6M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
Cartona
EgyptJul 25, 2022$ 12,000,000
Series A
Cartona
EgyptJul 30, 2024$ 5,600,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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SANAD Fund's Investment Distribution in Africa.

SANAD Fund's currently has Startuup investments spread across the following location(s)

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