Egypt-based B2B marketplace Fatura has closed its $3 million pre-series A funding round. The round was co-led by Sawari Ventures and Arzan VC, with the participation of Egypt Ventures, EFG-EV, The Cairo Angels as well as Khwarizmi Ventures.

Founded in 2019, Fatura aims to connect wholesalers and manufacturers with retailers in different industries. It has been operating in the FMCG industry and is currently piloting other industries.

During the past year, the startup also extend...