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Top 5 Finance Startup Investors in Morocco (August 2026)

The most active venture capital funds and angel investors investing in Morocco Finance startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Morocco Finance startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Azur Innovation Management
VC Fund
1 Morocco, France Seed, Venture - Series Unknown, Pre-Seed E-Commerce, Health Care, B2B $540k–$2.1M
Witamax
VC Fund
1 Morocco, France Seed, Pre-Seed Software, Information Technology, B2B $220k–$2.3M
MNF Ventures
VC Fund
1 Morocco, France, Canada Seed, Series A, Pre-Seed Online Portals, FinTech, Enterprise Software $200k–$1.6M
Azur Innovation Fund
VC Fund
1 Morocco, France Seed, Venture - Series Unknown, Series A Retail, SaaS, FinTech $819k–$2.3M
Axxam
VC Fund
1 Germany, Morocco Pre-Seed, Series A SaaS, Finance, Software
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Investor list

Azur Innovation Management
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Morocco Finance startups

Azur Innovation Management is a seed fund that invests in project' industrial ecosystems.

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Investment focus

  • Industry: E-Commerce, Health Care, B2B
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Morocco, France

Investor stats

  • Total investments: 13
  • Round size: Seed $540k–$2.1M; Venture - Series Unknown $826k–$961k
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • Kwiks — Decide better with KOP. Less noise, more clarity.
  • ORA Technologies — E-Commerce, Super App
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Witamax
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Morocco Finance startups

Witamax is Startup investment firm managed by WITA Ventures. As the first club-deal-focused and family office-backed VC in the country, it operates with a "smart capital" approach filling a niche by blending private investment and strategic advisory to early-stage startups. Witamax focuses on seed and pre-seed rounds, making it one ofthe primary players supporting Moroccan startups at their earliest stages, especially those with potential for regional or international expansion.

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Investment focus

  • Industry: Software, Information Technology, B2B
  • Stage:Seed, Pre-Seed
  • Geography: Morocco, France

Investor stats

  • Total investments: 12
  • Round size: Seed $220k–$2.3M; Pre-Seed $220k–$600k
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • ENAKL — Enakl, is a tech mobility company providing bus sharing solutions for commute rides in Africa. Our technology allows us to collect data to predict demand for commute rides, pool users per destination and create routes that will be operated by professional drivers. Our innovative business model enables affordable pricing, promoting socialinclusion. By offering flexible, safe and convenient transport options, Enakl is helping to solve the problems of congestion and access to transport in Africa.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • ORA Technologies — E-Commerce, Super App
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MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Morocco Finance startups

MNF Ventures is a venture capital fund based in Morocco, investing in Seed, Pre-Series A and Series A startups. Tickets size can go up to USD 1M. We invest in tech startups operating in Fintech/Insurtech, EdTech, Regtech, HealthTech, Biotech, EnergyTech Cybersecurity, SaaS... Startups have either to be based in Morocco, or be based worldwideif at least one of the founders is a Moroccan citizen. MNF Ventures manages Maroc Numeric Fund and Maroc Numeric Fund II.

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Investment focus

  • Industry: Online Portals, FinTech, Enterprise Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Morocco, France, Canada

Investor stats

  • Total investments: 32
  • Round size: Seed $200k–$1.6M; Series A $250k–$700k
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2018

Portfolio highlights

  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • Atlan Space — Building Artificial Intelligence to autonomously pilot any fixed wing drone, to monitor and take measures over very large areas
  • OnePay — OnePay is a fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions.
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Azur Innovation Fund
VC Fund · 1 investments in Morocco Finance startups

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Investment focus

  • Industry: Retail, SaaS, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Morocco, France

Investor stats

  • Total investments: 12
  • Round size: Seed $1.1M–$2.3M; Venture - Series Unknown $819k–$1.1M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • GoSwap — GoSwap - 50cc Electric Scooter and motorcycles with a battery swapping solution in Morocco
  • Weego — Transport prive par navette pour employes et evenements. Itineraires personnalises, suivi en direct et appli voyageur.
  • ORA Technologies — E-Commerce, Super App
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Axxam
VC Fund · Milan, Lombardia, Italy · 1 investments in Morocco Finance startups

Axxam is a contract research organization for drug discovery disciplines, offering services from hit identification to lead generation.

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Investment focus

  • Industry: SaaS, Finance, Software
  • Stage:Pre-Seed, Series A
  • Geography: Germany, Morocco

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KONTA — KONTA is the end-to-end vendor spend management platform. They offer finance, accounting, software, artificial intelligence, purchasing, corporate finance, audit, reconciliation, collaboration, communication, accounting export, payment management, and reporting.
  • Acousia Therapeutics — Acousia Therapeutics GmbH is a privately held biotech company based in Tübingen, Germany. Acousia has experience and expertise in identifying and developing small molecule drug candidates for the treatment of hearing loss.Sensory hair cells are the key cells for hearing in the inner ear. Acousia`s approach will help to replace lost hair cells bycellular regeneration originating from supporting cells.ASpherecousia is developing drugs for local application, which will restore hearing in patients who have lost their hearing ability induced by various reasons, e.g. noise trauma, treatment with ototoxic drugs or sudden deafness. In addition, these therapies will have the potential to treat the age-related decrease in hearing capacity.
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Finance Investor funding in Morocco at a glance

Stats across 9 deals from 15 investors.

15
investors
in Morocco Finance startups
9
deals
in Morocco Finance startups
$1.8M
median round
in Morocco Finance startups
47%
lead investors
lead at least one round
22%
Private Equity
most common funding stage
100/0
VC / Angel
share of investor count

Access all 15 investors in Morocco Finance startups.

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