Top 35 Retail VC Funds & Investors in Morocco (August 2026)

Portfolio highlights

• Veniam — Transfer 10x more data for your video telematics, fleet operations, industrial IoT or connected vehicles.
• Cycloid — Cycloid Internal Developer Portal and Platform revolutionizes governance, cloud management, sovereignty, and DevX. Available on-prem or in any cloud.
• 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

Portfolio highlights

• Jelt — HealthTech B2B Marketplace
• PulseTech — Bangladesh's licensed digital pharmaceutical distributor serving 14,000+ pharmacies.
• Moneco — Moneco is a financial application that aims to provide financial products.

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.

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.

Portfolio highlights

• 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
• Luminus Education — Luminus Education provides technical and vocational educational training programs. It has a diversified portfolio of investments across the MENA area, including education, commerce, real estate, and hotels. It is founded by Ibrahim Safadi.
• Orchidia Pharmaceutical — Orchidia Pharmaceutical Industries (Orchidia) is an outstanding Egyptian company specialized in the production of pharmaceutical ophthalmic products.

Portfolio highlights

• Zazu — Zazu is a neobank for African SMEs, offering seamless banking tools, cash flow automation, and real-time insights. Zazu simplifies finance management in one all-in-one solution.
• 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.

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

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.

Portfolio highlights

• Nawy — The ultimate real estate broker in Egypt. Browse areas, compounds, and properties by price, location, and amenities to find the perfect place.
• 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
• Tagaddod — Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel.

Portfolio highlights

• Lua — Build, deploy, and scale enterprise-grade AI agents. Ship your first agent without touching infrastructure.
• Salus Cloud — Empowering developers worldwide with seamless and secure application deployment and management. Join the revolution. #Salus_Cloud
• Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.

Portfolio highlights

• 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

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.

Portfolio highlights

• Droxi — Saving Time, Reducing Workloads
• Tracksuit — Tracksuit has created beautiful, always-on, and radically affordable brand tracking for modern consumer brands. Brand marketers and leaders at consumer brands have access to enterprise-tier brand tracking, specifically built for them, at a price point that works. Teams can easily track awareness, consideration, preference and brand associationsfrom real humans within the wider market, and compare results against competitors.
• Sonic Fire Tech — NASA-inspired infrasound fire suppression that protects homes and communities: damage-free, water-free, and always on.

Portfolio highlights

• Cauridor — Cauridor is a Financial Services company.
• WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
• Nucleon Security — Zero-Trust and ML-based Endpoint Detection and Response Platform #EDR #FDR #EndpointSecurity

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.

Portfolio highlights

• Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
• TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
• Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.

Portfolio highlights

• Gyre Energy — Gyre Energy cuts costs for cooling intensive operators. Cooling is 20% of global energy demand, accounting for up to 40% of electricity costs for data center operators, and up to 90% of electricity costs for cold storage operators. Gyre's platform technology leverages advanced AI and low-cost thermal storage to reduce energy use and enablelarge-scale distributed flexibility for cooling assets.
• TwoWay — AI-powered real-time intelligence that transforms chat communications into structured trading insights for financial institutions.
• Insect Intel — Innovative Insect Monitoring for Smarter Agriculture Revolutionizing Pest Control with AI and IoT Contact Us Learn More From farms to vineyards, Insect Intel traps are designed to help reduce pest damage and increase crop yields. Our solution is tailored to meet the unique needs of different agricultural environments, with results that are still being validated

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

Portfolio highlights

• Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
• 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
• Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.

Portfolio highlights

• Sensesemi — Sensesemi Technologies is a healthcare startup that focuses on the development of unique medical devices. The company's inspiration stems from personal experiences with hypertension and diabetes in close family members. Sensesemi Technologies is known for its commitment to delivering optimal healthcare services. The company's productdevelopment is primarily in the field of medical devices, aiming to cater to a wide range of healthcare needs. The company has been recognized for its work, notably winning in the ESDM category at the 'Startup Karnataka Top Tech Awards'.
• JustAI — An AI-first modern enterprise marketing stack that sets you in an always-on, set-and-forget motion. Increase your experimentation velocity and keep your team lean! Say goodbye to manual campaign management.
• Squid — Squid offers a workspace for planning, modeling, and testing power grid networks with tools for network analysis and simulation.

Portfolio highlights

• Klub — India's leading Revenue Based Financing platform with a vision to revolutionize growth capital. Join the Klub for fast, fair & flexible funding.
• Savannah Brands — Savannah Brands is a food & beverage company.
• African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.

Portfolio highlights

• NG.CASH — NG.CASH is a digital bank designed to help the new generations (ages 12 to 30) achieve financial independence. It lets users take charge of their money through solutions like PIX (Brazil’s instant-payment system), prepaid and virtual cards, allowance management, and now credit products tailored for young adults. As a financial hub, NG.CASH is builtto grow with its clients, boosting financial literacy and supporting them at every stage of life.
• Rain — Rain is a vertically integrated issuing partner for global platforms. Enabling innovative financial products through modern APIs, flexible infrastructure, supporting electronic and digital money. Launch a card program in days not months.
• Circeus — Shop Circle is a tech-driven company that acquires and grows the best e-commerce apps. We empower thousands of brands to build experiences that customers will love.

Portfolio highlights

• 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
• Sinai.ai — A reading platform delivering personalized, engaging experience that listens, thinks, responds, and creates with you.
• Lucky — Lucky is an app for credit products, offers, and cashback rewards.

Portfolio highlights

• Apata — Apata the go-to fraud prevention provider for fintech issuers.
• Knoma — Search hundreds of courses from leading schools and bootcamps. Learn now and pay later with Knoma and spread the cost with ethical finance
• The Coterie — https://blog.thecoterie.co/introducing-the-coterie-34e739cb85dcThe Coterie builds financial software for people who may make more from assets than salary. We offer founders access to venture capital investments, estate planning strategies and, coming soon, lending products. Our founders—Ethan Agarwal, Jeson Patel, and ChrisBoies—have all founded and sold companies before. We built The Coterie, alongside our incredible team, because we saw the need for these products first hand, and we created the world we want to live in. We’ve raised $50M in funding, led by Andreessen Horowitz. Other investors include Garry Tan (Midas List), Gokul Rajaram (IFKYK), Mar Hershenson (Midas List), Stanley Tang (Doordash co-founder), and more. Loans are made by Coterie Finance LLCLoans are made by Coterie Finance LLC. Investment advisory services provided through The Coterie Management Co LLC. Not investing advice, no guarantee of future results.

Portfolio highlights

• Retail Holding — Retail Holding is a Retailer business.
• Dislog Dispositifs Médicaux —

Portfolio highlights

• Komia — Komia digitizes the daily operations of restaurants and food concepts.
• Stern Tech — We created a revolutionary SaaS platform for human behavior analysis. We use AI and cognitive sciences to interpret human behavior in real time. Use cases: Automotive, Health, Marketing, Training, Politics. See our partnership with Renault and STMicroelectronics : https://stern.consulting/sterntech-h1stvision.mp4
• Desk — Le logiciel tout-en-un de gestion d'espaces de coworking

Portfolio highlights

• Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
• Cypien AI — Cypien learns your brand and visitor behavior, then composes segment-specific content, visuals, product order, search, landing pages, and UI.
• MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.

Portfolio highlights

• Altobridge — AltoBridge.com is a bold and dynamic domain name that exudes sophistication and innovation. This sleek and memorable name evokes a sense of elevation and connection, making it perfect for a wide range of industries looking to establish a st
• PasarPolis — PasarPolis is an insurtech startup that provides an online insurance comparison platform for individuals. The company offers quotes for health insurance, life insurance, car insurance, personal insurance, property insurance, and claims processing services.The company was founded by Cleosent Randing in 2015 and is headquartered in Jakarta,Indonesia.
• Salmon — Money is too important a part of people’s lives to be left in the hands of habit and tradition: to high-street banks, to petty street lenders, to pawn brokers, and the like. Every customer of financial services often feels that they deserve better, be it advantaged or disadvantaged, novice or expert, farmer, teacher, jeepney driver or officeworker.We — a team of finance professionals and entrepreneurs backed by world-class investors — come with the vision and capabilities to provide better and more inclusive service through a combination of technology, product design, security, data analytics and relentless focus on customer care.Managing one’s finances doesn’t need to be complex, frightening, boring or off-putting, it doesn’t have to be a chore. We aim to liberate our customers from the mundane and to quell their fears — providing our customers with more financial freedom while also saving their time and energy to focus on what truly matters to them in their daily lives.We are united by our experiences of building leading financial services and tech companies in various parts of the world — and by desire to apply our experience and modern technology for the benefit of millions of Filipinos.Not only have we built great financial and tech businesses, transforming industries in the process, but we also led large companies and banks through many economic cycles, keeping customers’ and investors’ money safe.We are building a financial technology business that works impeccably 24x365, creating thousands of jobs and provides easy access to finance for millions of Filipinos — and would love you see joining us in this journey, as a partner, vendor, employee, or a customer.

Portfolio highlights

• Retail Holding — Retail Holding is a Retailer business.

Portfolio highlights

• Coop Career — Building a diverse movement of upwardly mobile first-gen college grads overcoming underemployment through digital skills and peer connections.
• The Hidden Genius Project — The Hidden Genius Project (THGP) is an Oakland, CA based non-profit that trains black male youth in entrepreneurial thinking and technology creation to solve the problems of tomorrow. THGP is focused on unlocking career paths in (but not exclusive to): Software Engineering, User Experience Design and Technology Entrepreneurship. The HiddenGenius Project seeks to be the leading incubator of high-performing black-male entrepreneurs and technologists. These leaders are committed to cultivating future generations of aspiring and underserved youth software technologists. THGP cultivates a cohesive community of tech innovators who actuate positive and transformational change within their communities.
• U. S. Soccer Foundation — U.S. Soccer Foundation supports the development of children by providing physical activity, nutrition education and mentorship.

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!

Portfolio highlights

• Cathedis — Cathedis has been a partner of e-merchants, adapting to the evolutions of the e-commerce market. Taking into account the trends and needs of e-merchants and e-buyers, as the constraints of their business. Their offers are always more important, competitive, personalized, and innovative.
• LinkByCar — Revolutionize fleet operations with LinkByCar. From real-time tracking to predictive maintenance, our advanced telematics solutions save time and reduce costs.
• Azalea Vision — Azalea Vision is a medical manufacturer designing contact lenses with an active light management system for people with ocular disorders.

Portfolio highlights

• Skillza — Skillza is a creator of an educational technology platform meant to maximize learning results. The company's platform enables educational institutions to incorporate new technology into classrooms to improve the learner-centeredness of their classrooms, enabling students to gain the opportunity to work on their skills and core competencies.
• 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
• Simnovus — Optimize network performance with Simnovus' 5G, LTE, and IoT telecom testing solutions.

Portfolio highlights

• Susu — Susu is a dynamic and innovative company that offers a wide range of health services for families in the African diaspora. Susu provides a complete offer on Preventive care, Medical treatments, Management of chronic diseases, and Authentic drugs.
• Kasha — Health products and household goods you want, delivered to where you are.
• 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.

Portfolio highlights

• WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
• Checker —
• Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.