Top 10 Hardware VC Funds & Investors in Morocco (September 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
UM6P Ventures
VC Fund
|
3 | Morocco, Israel, United States | Seed, Pre-Seed | Apps, FinTech, Agriculture | $110k–$3.6M |
|
MNF Ventures
VC Fund
|
2 | Morocco, France, Canada | Seed, Series A, Pre-Seed | Online Portals, FinTech, Enterprise Software | $200k–$1.6M |
|
First circle capital
VC Fund
|
2 | Nigeria, Egypt, United States | Pre-Seed, Seed | Financial Services, FinTech, Payments | $100k–$4M |
|
Al Mada Ventures
VC Fund
|
1 | Morocco, Togo, Egypt | Seed, Series A, Venture - Series Unknown | Apps, Software, Renewable Energy | $2.4M–$27M |
|
Launch Africa
VC Fund
|
1 | Nigeria, South Africa, United States | Seed, Pre-Seed, Venture - Series Unknown | Financial Services, FinTech, Information Technology | $200k–$4M |
|
Attijariwafa Ventures
VC Fund
|
1 | Morocco, Tunisia | Seed, Venture - Series Unknown | Apps, Retail, FinTech | $4M–$5M |
|
First Circle Capital
VC Fund
|
1 | Egypt, Morocco, South Africa | Seed, Pre-Seed | Apps, Retail, Finance | $3.5M–$4M |
|
Plug & Play
VC Fund
|
1 | Seed | |||
|
Kili Ventures
VC Fund
|
1 | India, Morocco | Seed | Apps, Retail, Grocery | |
|
CDG Invest
VC Fund
|
1 | Morocco, France, United Arab Emirates | Seed, Pre-Seed, Series A | Software, Apps, Financial Services | $200k–$19M |
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UM6P Ventures is a venture capital investment firm that invests in Science & Innovation.
Show more...Investment focus
- Industry: Apps, FinTech, Agriculture
- Stage:Seed, Pre-Seed
- Geography: Morocco, Israel, United States
Investor stats
- Total investments: 30
- Round size: Seed $278k–$3.6M; Pre-Seed $110k–$1.5M
- Lead/follow: 47% lead, 53% 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.
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.
Show more...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
- CleanMob — CleanMob is a Car Greetech B2B, whose mission is to decarbonize and optimize corporate vehicle fleets.Its proprietary technology combining AI algorithms, modeling and simulation, with data from smartphone sensors and connected vehicles, frees users from the need to install a telematics box, thus facilitating large-scale deployment for vehiclefleet managers.
- ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
- Upfund — Upfund is a real estate company that provides reliable data on office, retail, and business premises. Upfund is a digital solution designed to respond to most commercial real estate business issues. They develop tools perfectly adapted to clients' requests in a remarkable time. Founded in 2022 and is located in Paris, France.
First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.
Show more...Investment focus
- Industry: Financial Services, FinTech, Payments
- 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.
Al Mada Ventures is an investment firm.
Show more...Investment focus
- Industry: Apps, Software, Renewable Energy
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Morocco, Togo, Egypt
Investor stats
- Total investments: 10
- Round size: Seed $2.4M–$8M; Series A $6M–$17M; Venture - Series Unknown $4.9M–$27M
- Lead/follow: 70% lead, 30% follow
Portfolio highlights
- WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
- Checker —
- Odyssey — Discover how Odyssey Energy Solutions unblocks bottlenecks in DRE project development. Access diverse financing, procure equipment efficiently, and remotely monitor system performance. Join over 2000 renewable energy companies that use Odyssey to scale. Get in touch today.
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
Show more...Investment focus
- Industry: Financial Services, FinTech, Information Technology
- Stage:Seed, Pre-Seed, Venture - Series Unknown
- Geography: Nigeria, South Africa, United States
Investor stats
- Total investments: 218
- Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M; Venture - Series Unknown $200k–$500k
- Lead/follow: 39% lead, 61% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Zazu — Zazu is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
- Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
- Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
Attijariwafa Ventures is a venture capital firm that supports entrepreneurs and startups.
Show more...Investment focus
- Industry: Apps, Retail, FinTech
- Stage:Seed, Venture - Series Unknown
- Geography: Morocco, Tunisia
Investor stats
- Total investments: 3
- Round size: Seed $4M–$5M
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- Agenz — Agenz was founded to deliver credible real estate market data that is updated in real time, allowing individuals to make faster and more informed real estate decisions at the right time.
- 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.
First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.
Show more...Investment focus
- Industry: Apps, Retail, Finance
- Stage:Seed, Pre-Seed
- Geography: Egypt, Morocco, South Africa
Investor stats
- Total investments: 3
- Round size: Seed $3.5M–$4M
- Lead/follow: 0% lead, 100% follow
- Last fund: Likely actively investing — fresh fund, raised $20M in 2025
Portfolio highlights
- MNZL — MNZL is on a mission to expand access to capital for Egyptians.Every person who owns an asset has accumulated wealth in it. When they want liquidity for their projects and needs, they should be able to tap into it as easily as withdrawing from a bank.With an innovative digital platform and products, we are working on making digital access tocapital a reality, and building the future of asset-backed financing in Africa.
- WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
- Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond.
Show more...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.
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.
Show more...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!
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.
Show more...Investment focus
- Industry: Software, Apps, Financial Services
- Stage:Seed, Pre-Seed, Series A
- Geography: Morocco, France, United Arab Emirates
Investor stats
- Total investments: 54
- Round size: Seed $306k–$4M; Pre-Seed $200k–$330k; Series A $10M–$19M
- Lead/follow: 39% lead, 61% 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.
- Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
- MYCOPHYTO — Co-created in July 2016 by Justine LIPUMA, PhD in microbiology, and Christine PONCET-DOISE, Senior Research Engineer at INRA, MYCOPHYTO is the result of 30 years of experimentation in biological crop protection.
Hardware VC funding in Morocco at a glance
Stats across 26 deals from 28 investors.
Access all 28 VC funds in Morocco Hardware startups.
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