Dubai's B2B startup NorthLadder raises $10 million in funding

Oluwajuwonlo Afolabi -

NorthLadder, a UAE-based digital platform for trading pre-owned electronics has raised $10 million in a funding round led by CE Ventures with participation from BECO Capital, Venture Souq and Dutch Founders Fund.

  • The new funds will be used to scale up the company's technology platform, expand geographically, and further the current B2B partnership, the startup claims.
  • Launched in 2019, NorthLadder is an online platform for selling used electronic devices like smartphones, laptops, and tablets at transparent prices.
  • The startup plans to increase its talent base and expand its market reach in UAE and KSA.