# Top 50 Startup Investors in Morocco in June 2026

## MNF Ventures
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 25
- 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.

## CDG Invest
- Type: VC Fund
- Location: Rabat, Rabat-Sale-Zemmour-Zaer, Morocco
- Relevant deals: 16
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Apps, SaaS

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.

## Witamax
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 11
- 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.

## UM6P Ventures
- Type: VC Fund
- Location: Benguerir, Marrakech-Tensift-Al Haouz, Morocco
- Relevant deals: 7
- Stages: Seed, Pre-Seed
- Focus: Agriculture, Apps, Retail

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

## Azur Innovation Fund
- Type: VC Fund
- Relevant deals: 7
- Stages: Seed, Venture - Series Unknown
- Focus: SaaS, Retail, FinTech

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## Outlierz Ventures
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Logistics, Supply Chain Management, B2B

We provide smart capital to grow investable startups in Africa

## Azur Innovation Management
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: B2B, E-Commerce, Recruiting

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

## Reflect Ventures
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Logistics, Information Technology, E-Commerce

Reflect Ventures makes venture capital investments in high-potential startups at the seed and series A/B+ stages. We identify extraordinary founders, companies and opportunities around the world, including in emerging and frontier markets. Our LPs comprise family offices, institutional investors and HNWIs on six continents, along withrecognized sector experts who are instrumental to our portfolio companies' future growth.

## Kalys Ventures
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: B2B, SaaS, Water

Moroccan VC fund investing in early stage and pre-series A african startups tickets from $50K et $200K.

## Partech
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, SaaS

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

## Afri Mobility
- Type: VC Fund
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: B2B, Apps, Retail

Afri Mobility is the venture capital arm of AKWA Group.

## Orange Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Seed, Series B, Series A
- Focus: Software, FinTech, Information Technology

Orange Ventures is a venture fund investing in areas of Orange expertise and beyond, with financial objectives in line with VC industry standards.
With 350m€ assets under management, Orange Ventures is in the top 10 corporate ventures in Europe with an investment strategy focused on helping future global tech champions, fostering innovation in theMiddle East and Africa, and supporting new sustainable and responsible business models.

## Janngo
- Type: VC Fund
- Location: Abidjan, Lagunes, Côte d'Ivoire
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, B2B, Logistics

Janngo supports entrepreneurs who leverage technology to massify three impacts on the continent:

1/ Essential services & products for African consumers,

2/ Growth acceleration of African SMEs, and

3/ Job creation, in particular for women & youth

## Al Mada Ventures
- Type: VC Fund
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Apps, Software, B2B

Al Mada Ventures is an investment firm.

## Launch Africa
- Type: VC Fund
- Location: Ebène, Plaines Wilhems, Mauritius
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Information Technology

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

## Bhavik Bajaj
- Type: Angel
- Relevant deals: 3
- Stages: Pre-Seed, Seed, Angel
- Focus: Information Technology, Software, FinTech

Bhavik Bajaj

## Swiss Founders Fund
- Type: VC Fund
- Location: Saint Gallen, Sankt Gallen, Switzerland
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Internet, E-Commerce

Swiss Founders Fund is an early-stage venture capital firm based in Switzerland. We invest CHF 100k-300k in Pre-Seed and Seed stage startups globally.

## Beltone Venture Capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, FinTech, Retail

Beltone Venture Capital, a subsidiary of Beltone Holding Company.

## MVI (MENA Venture Investments)
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Internet, Software

Mena Venture Investments (MVI) is an angel fund that invests in early stage startups with strong growth potential in the Middle East and North Africa (MENA) Region and beyond. We work with entrepreneurs to build solid, scalable businesses and ensure access to capital at early stages of a venture to fuel their growth. Beyond financial investment,MVI offers support through mentorship, access to markets, networks, and clients, as well as cross-border operational support.

## AfricInvest
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 2
- Stages: Private Equity, Series A
- Focus: Financial Services, Manufacturing, FinTech

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

## Musha Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Financial Services, FinTech

Seed capital for technology startups globally.

## Azur Partners
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 2
- Stages: Seed
- Focus: Logistics, Recruiting, Staffing Agency

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## Enza Capital
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Financial Services, Finance, E-Commerce

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

## Michael Lahyani
- Type: Angel
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: B2B, SaaS, Beauty

Michael Lahyani is based out of Dubai, Dubai, and is the CEO and Founder of Property Finder. Michael Lahyani attended HEC Lausanne.

## International Finance Corporation
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 2
- Stages: Debt Financing, Series B
- Focus: Financial Services, Finance, FinTech

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

## First circle capital
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Financial Services, FinTech, Finance

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

## P1 Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series B
- Focus: Financial Services, Software, Payments

P1 Ventures works as a venture capital firm. They specialize in early-stage industrial technology firms in Africa.

## Flexport Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Logistics, Supply Chain Management

Flexport Ventures operates as a venture capital firm.

## Hummingbird Ventures
- Type: VC Fund
- Location: Gent, Oost-Vlaanderen, Belgium
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Financial Services, FinTech

Supporting Exceptional entrepreneurs. We value emotional intelligence as much as data, growing internal culture as much as growing revenue, and forming strong, personal bonds with founders. We recognize patterns where other don't.

## Unpopular Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, FinTech

The best companies, off the beaten path.

## Jude Gomila
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Biotechnology, Information Technology

Jude Gomila is currently CEO and Founder of the startup Golden.

## Endure Capital
- Type: VC Fund
- Location: Cairo, Al Qahirah, Egypt
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Artificial Intelligence

Endure Capital is an early stage investment fund headed by entrepreneurs looking for startup teams. They look for founders who are relentlessly resourceful and imaginative, solving genuine problems that matter to a lot of people and building high growth companies that endure.

## MPGI
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, FinTech, E-Commerce

MPGI is a private holding that invests in disruptive technology companies globally. Its portfolio companies have collectively raised over US$ 2.5 billion in capital, employ over 8,000 people and have operations in 30 countries across six continents.

## Neon Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, E-Commerce, Marketplace

Neon Capital

## Gullit
- Type: VC Fund
- Location: Ebène, Plaines Wilhems, Mauritius
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Travel, Shipping, Logistics

Gullit advises and finances scalable early-stage tech firms in Africa. Additionally, Gullit provides funding for startups during the seed, pre-seed, debt acquisition, and restructuring phases.

## Pioneer Fund
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Health Care, Information Technology

300+ YC alumni investing in the top YC startups

## Sunny Side Venture Partners
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Fashion, Shipping, Logistics

Sunny Side Ventures is an investment firm.

## beenok
- Type: VC Fund
- Location: Dakar, Dakar, Senegal
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Apps, Real Time, Ride Sharing

beenok is an advisory and investment firm that works with founders, boards and senior leadership teams of bold firms to deliver hypergrowth in Africa & beyond.

## Fipar Holding
- Type: VC Fund
- Location: Rabat, Rabat-Sale-Zemmour-Zaer, Morocco
- Relevant deals: 1
- Focus: Retail, Shopping

Fipar Holding is an investment fund that initiates or accelerates the growth and development of major projects. It is owned by CDG Invest.

## Battery Ventures
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, SaaS, Enterprise Software

Battery Ventures is a global investment firm with a 40-year history of backing innovative technology companies.

## Darwazah Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Finance, Logistics, E-Commerce

Darwazah Capital is the private investing arm of Omar Darwazah. The investment firm's assets span equities, real estate, venture capital LP positions and early and growth stage technology company investments.

## CDG Invest Growth
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 1
- Focus: Retail, Shopping

CDG Invest Growth is the private equity firm focused on growth investments for SMEs.

## OMAR ALAMI
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: E-Commerce

OMAR ALAMI

## BMCE Capital
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 1

BMCE Capital offers a diversified range of financial products and services intended for corporate, institutional and private clients.

## FMO
- Type: VC Fund
- Location: The Hague, Zuid-Holland, The Netherlands
- Relevant deals: 1
- Stages: Debt Financing, Series B
- Focus: Financial Services, Finance, Renewable Energy

FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.

## Cash Plus VC Fund
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, Information Technology

Cash Plus VC Fund is an investment firm. It is the corporate venture capital arm of financial technology firm, Cash Plus.

## Plug & Play
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Seed

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

## Axxam
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 1
- Stages: Pre-Seed, Series A
- Focus: SaaS, Finance, Software

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

## Endeavor Catalyst
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, E-Commerce, Information Technology

Endeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$500M+ AUM across four funds and has made 260+ investments to date in 35+ different markets. TodayThe Endeavor Catalyst portfolio has 53 companies valued at $1B+. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia.

## Chandaria Capital
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Retail, FinTech

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