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Egypt’s CardoO raises $600,00 round and launches IoT-enabled smartwatch

Egypt-based startup CardoO has launched its Internet of Things (IoT)-enabled smartwatch after securing $660,000 in funding.
29.05.23 | Source: Wamda

The Egyptian startup CardoO, specialised in Internet of Things (IoT) devices, launches its first IoT-Enabled Smartwatch. This step comes shortly after CardoO's success in closing a seed fund round of $660,000, led by the Alexandria Angel Network, with participation from Sofico Investments and angel investors from Saudi Arabia.

This cutting-edge smartwatch marks CardoO's debut in the IoT-enabled device market, with the intention of simplifying and enhancing the lifestyle of its users through advanced features and connectivity.

The CardoO Watch is a stylish and versatile wearable that combines fashion and functionality. With its sleek design and premium build quality, it is a perfect companion for individuals seeking a balance between style and technology. Packed with powerful features, the CardoO Watch offers an array of functionalities to cater to the diverse needs of modern-day consumers.

"We are thrilled to introduce the CardoO Watch, our first IoT-enabled product that combines style, functionality, and connectivity," said Ahmed Adel, Founder and CEO of CardoO. "Sleek design meets functionality in CardoO Watch, making it the perfect companion for a fashionable and active lifestyle. With its advanced features and seamless integration with the CardoO mobile app, the CardoO Watch represents a significant milestone in our commitment to delivering innovative and accessible smart devices to our valued customers, we are proud to have developed this Egyptian technology product with a team of Egyptian developers in the company."

Adel added, "The new watch is designed to be compatible with the CardoO smart application, which can be downloaded for free on smartphones. We developed this application based on artificial intelligence algorithms to provide data analysis and recommendations, enabling a professional user experience."