UAE-based reverse logistics platform Cartlow acquired by Basatne

📱 Basatne, a Canada-HQ’d company focused on sustainable trade, has acquired UAE-based Cartlow, a reverse logistics platform offering returns management, trade-ins, and warranty services.

Founded in 2019 by Mohammed Sleiman, Cartlow last raised $18 million in Series A funding from AlSulaiman Group back in 2022, and expanded across the UAE and KSA.

The acquisition amount has not been disclosed.

The deal gives Basatne a stronger foothold in the Middle East’s growing circular economy and e-waste management space, where Cartlow has already recycled over 1 million devices and reduced 100,000 metric tons of CO₂ emissions.

Basatne also operates a refurbishment facility in the UAE, which it says is the region’s first AI- and robotics-driven solution for data wiping and diagnostics.