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Top 10 Hardware VC Funds & Investors in Morocco (June 2026)

The most active venture capital funds investing in Morocco Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Morocco Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
MNF Ventures
VC Fund
2 Morocco, France, Canada Seed, Series A, Pre-Seed Online Portals, FinTech, Enterprise Software $200k–$1.6M
UM6P Ventures
VC Fund
2 Morocco, Israel, United States Seed, Pre-Seed Agriculture, Apps, Retail $110k–$4M
First circle capital
VC Fund
2 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance $100k–$4M
Kili Ventures
VC Fund
1 India, Morocco Seed Apps, Retail, Grocery
LoftyInc Capital
VC Fund
1 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Plug & Play
VC Fund
1 Seed
CDG Invest
VC Fund
1 Morocco, France, United Arab Emirates Pre-Seed, Seed, Series A Software, Apps, SaaS $200k–$15M
First Circle Capital
VC Fund
1 Morocco Seed Apps, Retail, Grocery
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Attijariwafa Ventures
VC Fund
1 Morocco, Tunisia Seed Apps, Retail, FinTech
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Investor list

MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in Morocco Hardware 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

  • Damanesign — Damanesign operates as a digital trust solutions startup. Damanesign is a startup that is seizing new legislation opportunities on digital trust in Morocco to provide users with the utmost safety in documentation.
  • 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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UM6P Ventures
VC Fund · Benguerir, Marrakech-Tensift-Al Haouz, Morocco · 2 investments in Morocco Hardware startups

UM6P Ventures is a venture capital investment firm that invests in Science & Innovation.

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Investment focus

  • Industry: Agriculture, Apps, Retail
  • Stage:Seed, Pre-Seed
  • Geography: Morocco, Israel, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $275k–$4M; Pre-Seed $110k–$1.5M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Hsabati — Une vision à 360° de votre entreprise
  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in Morocco Hardware startups

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Egypt, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $455k–$4M; Pre-Seed $100k–$780k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
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Kili Ventures
VC Fund · 1 investments in Morocco Hardware startups

Kili Ventures is am investment firm. The name 'Kili' stands for Mount Kilimanjaro, worlds highest free-standing mountain.Kili Ventures management consulting is specialized in digital business strategy, business development and marketing & sales.

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Investment focus

  • Industry: Apps, Retail, Grocery
  • Stage:Seed
  • Geography: India, Morocco

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
  • Smartworks — Find office spaces with flexible leases, modern amenities, and prime locations. Ideal for businesses of all sizes. Explore your office space options today!
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LoftyInc Capital
VC Fund · Carmel, California, United States · 1 investments in Morocco Hardware startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 147
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $14M in 2021

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
  • Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
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Plug & Play
VC Fund · Munich, Bayern, Germany · 1 investments in Morocco Hardware startups

We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond.

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Investment focus

  • Stage:Seed

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Pipra — PIPRA AG (Pre-Interventional Preventive Risk assessment) is developing a cutting-edge AI-based pre-operative test to assess a patient's risk of suffering from cognitive disorders after surgery.
  • Prismpop — Prismpop is a shopping community where users share their favorite products, shopping advice, product reviews, beauty secrets, fashion tips, food ideas and more.
  • Steady Technologies, Inc. — Steady Rent offers property managers solutions that share the same goal: Remove risk for property owners, boost profits for property managers, and save time with automation.
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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 1 investments in Morocco Hardware startups

CDG Invest is the investment branch of the CDG group. CDG Invest acts both as an investment manager for its own account following both financial and strategic logic, as well as as a fund manager for third parties. CDG Invest intervenes in various key sectors of the Moroccan economy: industry, agro-food, digital/digital, renewable energy, andterritorial PPP and with various segments of companies.

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Investment focus

  • Industry: Software, Apps, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Morocco, France, United Arab Emirates

Investor stats

  • Total investments: 30
  • Round size: Seed $306k–$4M; Pre-Seed $200k–$200k; Series A $10M–$15M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Klaim — Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.
  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Userguest.com — Userguest is a Travel SaaS company that provides technology to hotels in order to improve their online revenue. Our smart tool applies RevMarketing Automation to hotel website, by matching a user’s booking intent with the hotel’s inventory priorities. We display personalized incentives to boost hotel revenue where it counts.
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First Circle Capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Morocco Hardware startups

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

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Investment focus

  • Industry: Apps, Retail, Grocery
  • Stage:Seed
  • Geography: Morocco

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Morocco Hardware startups

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Attijariwafa Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Morocco Hardware startups

Attijariwafa Ventures is a venture capital firm that supports entrepreneurs and startups.

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Investment focus

  • Industry: Apps, Retail, FinTech
  • Stage:Seed
  • Geography: Morocco, Tunisia

Investor stats

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

Portfolio highlights

  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
Show all investments...

Hardware VC funding in Morocco at a glance

Stats across 1 deals from 1 investors.

1
investors
in Morocco Hardware startups
1
deals
in Morocco Hardware startups
0%
lead investors
lead at least one round
100%
Private Equity
most common funding stage

Access all 1 VC funds in Morocco Hardware startups.

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