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Top 25 Software VC Funds & Investors in Morocco (June 2026)

The most active venture capital funds investing in Morocco Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Morocco Software 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
9 Morocco, France, Canada Seed, Series A, Pre-Seed Online Portals, FinTech, Enterprise Software $200k–$1.6M
Witamax
VC Fund
5 Morocco Seed, Pre-Seed Software, E-Commerce, Information Technology $204k–$1.9M
CDG Invest
VC Fund
5 Morocco, France, United Arab Emirates Pre-Seed, Seed, Series A Software, Apps, SaaS $200k–$15M
UM6P Ventures
VC Fund
3 Morocco, Israel, United States Seed, Pre-Seed Agriculture, Apps, Retail $110k–$4M
Partech
VC Fund
3 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$55M
Outlierz Ventures
VC Fund
2 Morocco, Egypt, Kenya Seed, Pre-Seed, Series A Logistics, Supply Chain Management, B2B $1.5M–$5M
Swiss Founders Fund
VC Fund
2 Switzerland, Singapore, Germany Seed, Pre-Seed, Series A Software, Internet, E-Commerce $210k–$5.5M
Flexport Ventures
VC Fund
2 United States, Kenya, Spain Seed, Series A, Series B Software, Logistics, Supply Chain Management $2.5M–$50M
First circle capital
VC Fund
2 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance $100k–$4M
Al Mada Ventures
VC Fund
2 Morocco, Togo, Egypt Seed, Series A, Series B Apps, Software, B2B $2.4M–$17M
Proparco
VC Fund
1 India, Kenya, Nigeria Debt Financing, Seed Financial Services, Finance, Energy $300k–$140M
MFounders
VC Fund
1 Morocco Seed FinTech, Financial Services, Transaction Processing
Afri Mobility
VC Fund
1 Morocco, France, Belgium Seed, Pre-Seed, Series A B2B, Apps, Retail $510k–$1.5M
Voltron Capital
VC Fund
1 Nigeria, United States, Kenya Pre-Seed, Seed, Angel Financial Services, FinTech, Payments $115k–$6.5M
Darwazah Capital
VC Fund
1 Egypt, United States, Kenya Seed, Pre-Seed, Series A Financial Services, Finance, Software $3M–$13M
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Plug & Play
VC Fund
1 Seed
BMCE Capital
VC Fund
1
Ingressive Capital
VC Fund
1 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Axxam
VC Fund
1 Germany, Morocco Pre-Seed, Series A SaaS, Finance, Software
Microtraction
VC Fund
1 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.3M
Réseau Entreprendre
VC Fund
1 France, Morocco Seed, Angel Information Technology, Internet, Software $10k–$1.8M
MPGI
VC Fund
1 Germany, India, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $2M–$100M
VentureSouq
VC Fund
1 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
Mohammed VI Polytechnic University
VC Fund
1 Morocco Seed Education, Consulting, E-Learning
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Investor list

MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 9 investments in Morocco Software 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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Witamax
VC Fund · Casablanca, Grand Casablanca, Morocco · 5 investments in Morocco Software startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Morocco

Investor stats

  • Total investments: 11
  • Round size: Seed $204k–$1.9M; Pre-Seed $220k–$600k
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • WashMinute — Washminute strives to transform car washing into a smart, eco-friendly service that saves resources, creates jobs, and sets a new standard for cleantech innovation in Morocco and abroad.
  • ORA Technologies — E-Commerce, Super App
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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 5 investments in Morocco Software 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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UM6P Ventures
VC Fund · Benguerir, Marrakech-Tensift-Al Haouz, Morocco · 3 investments in Morocco Software 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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Partech
VC Fund · Paris, Ile-de-France, France · 3 investments in Morocco Software startups

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.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 520
  • Round size: Seed $1.1M–$9M; Series A $4.2M–$30M; Series B $9M–$55M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • Shohoz — Shohoz.com, owned and operated by Shohoj Limited, is a premium online travel service provider which aims to make long distance travel in Bangladesh easy and convenient. Driven by the passion to serve you better, Shohoz.com went on to pioneer the online travel industry by offering bus tickets and launch tickets. In entertainment sector, movietickets, event tickets as well as cricket match tickets are also available on Shohoz.com. Their team of energetic and young professionals with deep expertise in eCommerce and travel domains, leave no stone unturned to provide you the best of services at minimal costs through their user friendly website, Android App, Partner network all over Bangladesh and a multi-lingual call center.
  • AURA — A South African cloud-based security and safety startup .
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Outlierz Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in Morocco Software startups

We provide smart capital to grow investable startups in Africa

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Investment focus

  • Industry: Logistics, Supply Chain Management, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Morocco, Egypt, Kenya

Investor stats

  • Total investments: 16
  • Round size: Seed $1.5M–$5M; Pre-Seed $1.5M–$1.6M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Terraa — Terraa is a B2B distribution platform in Moroccan.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
  • Socium — Socium Job these are companies that recruit and offer real career opportunities to all those who share their values ​​and wish to invest in their development.
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Swiss Founders Fund
VC Fund · Saint Gallen, Sankt Gallen, Switzerland · 2 investments in Morocco Software startups

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.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Switzerland, Singapore, Germany

Investor stats

  • Total investments: 40
  • Round size: Seed $800k–$4M; Pre-Seed $210k–$3.3M; Series A $2.1M–$5.5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Canza Finance — We are an Open Finance Portal enabling access to unlimited financial services for emerging markets, backed by Polychain, Avalanche, CoinMarketCap...
  • Reno Home — Reno is your ultimate destination for all your home or office renovation needs. Whether you're revamping your living space, workspace, or any other area, we've got you covered. Our mission is to link you with top-notch interior designers perfectly tailored to your style preferences. Moreover, we facilitate connections with skilledrenovators who can execute your envisioned design flawlessly. Count on us to ensure punctuality and uphold superior quality throughout the renovation process. Additionally, we offer financing options with 12 months to pay later, making it even easier to transform your space according to your vision
  • RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
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Flexport Ventures
VC Fund · San Francisco, California, United States · 2 investments in Morocco Software startups

Flexport Ventures operates as a venture capital firm.

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Investment focus

  • Industry: Software, Logistics, Supply Chain Management
  • Stage:Seed, Series A, Series B
  • Geography: United States, Kenya, Spain

Investor stats

  • Total investments: 15
  • Round size: Seed $2.5M–$7M; Series A $4M–$25M; Series B $24M–$50M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Parabola — Parabola is your toolkit for faster, smarter work. Automate any manual task you usually do in a spreadsheet.
  • Amplio — De-risk your supply chain with the purchasing power of a contract manufacturer. Amplio is the first AI powered platform to predict, identify and mitigate electronic component shortages for hardware manufacturers.
  • Papaya — Papaya offers platform to source, run and manage your electric vehicles.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in Morocco Software 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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Al Mada Ventures
VC Fund · 2 investments in Morocco Software startups

Al Mada Ventures is an investment firm.

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Investment focus

  • Industry: Apps, Software, B2B
  • Stage:Seed, Series A, Series B
  • Geography: Morocco, Togo, Egypt

Investor stats

  • Total investments: 9
  • Round size: Seed $2.4M–$7M; Series A $6M–$17M
  • Lead/follow: 67% lead, 33% follow

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.
  • YoLa Fresh — At YoLaFresh, our mission is to revolutionize the fresh produce supply chain in Africa by leveraging technology and data to disrupt traditional distribution models. We strive to create a more efficient and transparent system that benefits all stakeholders, from farmers to retailers and consumers. Our vision is to create a world where access tofresh, high-quality produce is a universal right. We believe that by empowering farmers and retailers with innovative technology solutions, we will improve their livelihoods and make a positive impact on their communities.
  • Supercritical — We partner with industry to move and think beyond fossil fuels with innovative clean technology solutions.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Proparco
VC Fund · Paris, Ile-de-France, France · 1 investments in Morocco Software startups

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Finance, Energy
  • Stage:Debt Financing, Seed
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 90
  • Round size: Seed $1.2M–$13M; Debt Financing $300k–$140M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Nuru — Nuru is a solar hybrid site. Nuru (Swahili for "light") is a company dedicated to enhancing connectivity in the Democratic Republic of Congo. Nuru deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma, the largest off-grid mini-grid in sub-Saharan Africa.Nuru is arenewable and environment company that specializes in the fields of storage micro-grids and solar energy. The company deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma.Nuru was founded in 2015 and headquartered in Goma, Nord-Kivu, Congo.
  • Ecoener
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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MFounders
VC Fund · 1 investments in Morocco Software startups

At MFOUNDERS, we're more than just an investment hub; we're a vibrant community dedicated to uplifting Moroccan startups and founders worldwide. As a network created by and for the Moroccan diaspora, we connect accomplished entrepreneurs and innovative startups to accelerate business success and fos

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Investment focus

  • Industry: FinTech, Financial Services, Transaction Processing
  • Stage:Seed
  • Geography: Morocco

Investor stats

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

Portfolio highlights

  • Alya — FinTech providing instalments & payment solutions in Africa
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Afri Mobility
VC Fund · 1 investments in Morocco Software startups

Afri Mobility is the venture capital arm of AKWA Group.

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Investment focus

  • Industry: B2B, Apps, Retail
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Morocco, France, Belgium

Investor stats

  • Total investments: 8
  • Round size: Seed $510k–$1.5M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Lyko — In a simple connection, integrate the planning and sales of thousands of mobility service providers around the world into your platform...
  • Azalea Vision — Azalea Vision is a medical manufacturer designing contact lenses with an active light management system for people with ocular disorders.
  • VotreChauffeur — VotreChauffeur is a transport and mobility company. They provide vehicles with private drivers. They provide water bottles, Wifi, phone chargers, and magazines in their vehicles. They serve customers.
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Voltron Capital
VC Fund · 1 investments in Morocco Software startups

On a mission to back the most extraordinary entrepreneurs out of Africa solving important problems in large markets.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 29
  • Round size: Seed $1.7M–$4M; Pre-Seed $115k–$6.5M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Bujeti — Bujeti is the finance control centre for African businesses. Manage expenses, automate payments, and issue corporate cards for total control and visibility.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
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Darwazah Capital
VC Fund · 1 investments in Morocco Software startups

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.

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Seed $3M–$13M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • MoneyHash — Emerging and Global markets first all-in-one flexible payment orchestration and revenue operations platform that covers all of your payment needs. We help you build, optimize, and scale your payment infrastructure at any stage of growth.
  • Taxo — Taxo is an AI-powered platform for specialty clinics, designed to intelligently automate the full spectrum of administrative operations that traditionally burden healthcare providers.
  • ClearGrid — Revolutionize your debt recovery with AI and advanced analytics. Our platform delivers faster, more personalized collections that benefit both your business and your customers.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Morocco Software 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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Plug & Play
VC Fund · Munich, Bayern, Germany · 1 investments in Morocco Software 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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BMCE Capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Morocco Software startups

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

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Investor stats

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

Portfolio highlights

  • Premium Technology & Services — Premium Technology & Services offers cutting-edge solutions that make it easier to connect with service providers and integrate banking systems. and improves communication with players in the financial sector, reduces operating costs, and simplifies banking processes.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Morocco Software startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

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

Investor stats

  • Total investments: 70
  • Round size: Seed $400k–$4.5M; Pre-Seed $25k–$2.1M; Series A $10M–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $5M in 2023

Portfolio highlights

  • Nowlun — Search for cheap & fast freight prices from all shipping lines.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
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Axxam
VC Fund · Milan, Lombardia, Italy · 1 investments in Morocco Software startups

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

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Investment focus

  • Industry: SaaS, Finance, Software
  • Stage:Pre-Seed, Series A
  • Geography: Germany, Morocco

Investor stats

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

Portfolio highlights

  • KONTA — KONTA is the end-to-end vendor spend management platform. They offer finance, accounting, software, artificial intelligence, purchasing, corporate finance, audit, reconciliation, collaboration, communication, accounting export, payment management, and reporting.
  • Acousia Therapeutics — Acousia Therapeutics GmbH is a privately held biotech company based in Tübingen, Germany. Acousia has experience and expertise in identifying and developing small molecule drug candidates for the treatment of hearing loss.Sensory hair cells are the key cells for hearing in the inner ear. Acousia`s approach will help to replace lost hair cells bycellular regeneration originating from supporting cells.ASpherecousia is developing drugs for local application, which will restore hearing in patients who have lost their hearing ability induced by various reasons, e.g. noise trauma, treatment with ototoxic drugs or sudden deafness. In addition, these therapies will have the potential to treat the age-related decrease in hearing capacity.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Morocco Software startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 103
  • Round size: Seed $25k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Accounteer — Accounteer is a cloud accounting platform for small businesses. Business owner can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Future proof your business today by subscribing for a free Accounteer trial account.
  • LemFi — Send money to India, China, Pakistan, Nigeria, Ghana, Kenya and 30 other countries. Receive and manage your money without stress
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Réseau Entreprendre
VC Fund · Roubaix, Nord-Pas-de-Calais, France · 1 investments in Morocco Software startups

Réseau Entreprendre is a registered charity French association providing financial support to entrepreneurs.

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Investment focus

  • Industry: Information Technology, Internet, Software
  • Stage:Seed, Angel
  • Geography: France, Morocco

Investor stats

  • Total investments: 10
  • Round size: Seed $10k–$1.8M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Rewayz — Rewayz is operating a health platform connecting consumers with professional certified coaches and fun workshops and video exchanges.
  • 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 — Desk is the management software for coworking spaces and business centers that simplifies daily operations for over 200 shared space managers.
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MPGI
VC Fund · London, England, United Kingdom · 1 investments in Morocco Software startups

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.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, India, United Kingdom

Investor stats

  • Total investments: 47
  • Round size: Seed $2M–$10M; Pre-Seed $3.3M–$6M; Series A $7.7M–$100M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Alaan — Take control of your business spend.
  • inyad — Run and grow your business with one powerful platform: POS, invoicing, staff & payroll, TPE, business wallet, and secure payment links. Simple. Fast. Reliable.
  • Even — Even is a health tech company and healthcare provider that partners directly with the top hospitals in the country to offer you unlimited diagnostics, consultations, and 50 lakh worth of hospitalisations all with one monthly subscription cost.
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Morocco Software startups

VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech and ClimateTech.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 168
  • Round size: Seed $250k–$9M; Series A $6M–$37M; Series B $6M–$50M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Inovat — Travellers have to stand hours in the queues and get charged hidden fees to receive Tax refund that they are entitled to. They change that. With Inovat, get the best Tax Free experience that you deserve.
  • Orbii AI — Our AI enriches & analyses borrower data, helping you make credit decisions in minutes. Accelerate your business loan Underwriting decisons.
  • Siin — E-commerce Marketplace
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Mohammed VI Polytechnic University
VC Fund · Oujda, Oriental, Morocco · 1 investments in Morocco Software startups

Mohammed VI Polytechnic University is an institution oriented towards applied research and innovation.

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Investment focus

  • Industry: Education, Consulting, E-Learning
  • Stage:Seed
  • Geography: Morocco

Investor stats

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

Portfolio highlights

  • Smartprof — Smartprof is a B2C educational platform based in North Africa. It's a platform that links students of primary, secondary and Highschool, with students of universities, business, and engineering schools that are able to teach and dispense coaching sessions. Smartprof helps match easily the supply and demand in the learning sphere in Morocco. Itthen creates a differenciated and innovative offer of teaching and learning, as the teachers and coachs are freshly young graduates that are molded to teaching. Finally, Smartprof aspires to become the reference of online courses and e-learning in the Northern African market and on the long term the Asian one.
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Software VC funding in Morocco at a glance

Stats across 18 deals from 18 investors.

18
investors
in Morocco Software startups
18
deals
in Morocco Software startups
$275k
median round
in Morocco Software startups
39%
lead investors
lead at least one round
44%
Seed
most common funding stage

Access all 18 VC funds in Morocco Software startups.

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