# Top 5 Impact Startup Investors in Morocco in July 2026

## MNF Ventures
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Online Portals, FinTech, Enterprise Software

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.

## Azur Innovation Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Venture - Series Unknown
- Focus: SaaS, Retail, FinTech

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## Witamax
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, E-Commerce, Information Technology

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.

## Tamwilcom
- Type: VC Fund
- Location: Rabat, Rabat-Sale-Zemmour-Zaer, Morocco
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: CleanTech, Customer Service

TAMWILCOM represents the sole intervenor of the state in matters of public guarantee of financing.

## Azur Innovation Management
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 1
- Stages: Seed, Venture - Series Unknown, Pre-Seed
- Focus: B2B, SaaS, EdTech

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

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