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# UAE-based Cartlow raises $18 million in Series A round
- URL: https://www.techloy.com/uae-based-cartlow-raises-18-million-in-series-a-round/
- Published: 2022-06-15T11:02:01.000Z
- Updated: 2022-12-08T01:34:57.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Logistics, Tech in UAE

[Cartlow,](https://cartlow.com/) a UAE-based reverse logistics provider has raised $18 million in its Series A funding round led by Al Sulaiman Group based in Saudi Arabia. 

- The fund will enable the firm to expand its operations and services in Saudi Arabia and the UAE, optimize its technology, and contribute to the decarbonization of the economy.
- Cartlow offers return management, recycling, and re-commerce using advanced technology, with over 25 million units handled and 10 million tons of e-waste saved since it launched.
- It also provides warranty management, buy-back, trade-ins, and product prices for consumers and businesses on its platform.