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Top 50 VC (Venture Capital) Funds in Morocco in January 2025

Last updated: Jan 2025 A list of 50 VC (Venture Capital) funds that invest in startups based in Morocco. We rank investors based on the number of investments they made in companies from Morocco. We update this investor list every month.

Top 50 VC (Venture Capital) Funds in Morocco in January 2025

Investor	Morocco investments
MNF Ventures	24
CDG Invest	14
Witamax	8
UM6P Ventures	4
Azur Innovation Fund	4
Kalys Ventures	4
Outlierz Ventures	4
Orange Ventures	3
Afri Mobility	3
Partech	3
Launch Africa	3
MVI (MENA Venture Investments)	2
Janngo	2
AfricInvest	2
Azur Partners	2
Al Mada Ventures	2
Reflect Ventures	2
Swiss Founders Fund	2
Hummingbird Ventures	2
Musha Ventures	2
Flexport Ventures	2
Unpopular Ventures	1
Azur Innovation Management	1
International Finance Corporation	1
Fipar Holding	1
Lynett Capital	1
Réseau Entreprendre	1
Pioneer Fund	1
CDG Invest Growth	1
216 Capital	1
Soma Capital	1
P1 Ventures	1
MPGI	1
E3 Capital	1
VentureSouq	1
Axxam	1
Gullit	1
Neon Capital	1
Development Partners International	1
AirAngels	1
Rocket Internet	1
FMO	1
Algebra Ventures	1
Voltron Capital	1
Microtraction	1
beenok	1
Cash Plus VC Fund	1
BMCE Capital	1
Palm Drive Capital	1
Plug & Play	1

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Investor list

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.

Investment focus

Online Portals, FinTech, Enterprise Software
Seed, Series A, Pre-Seed
Morocco, France, Canada

Portfolio highlights

Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
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.

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.

Investment focus

Apps, Software, Internet
Pre-Seed, Seed, Funding Round
Morocco, France, Switzerland

Portfolio highlights

VelyVelo — Discover VelyVelo, the specialist in the rental, servicing and maintenance of electric bicycles for professionals in Paris, Lyon, Bordeaux and Marseille.
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.
Strapack Morocco — Strapack Morocco offers packaging and industrial packaging solutions. It provides an extensive range of machinery, materials, and consumables to ensure efficiency in packaging activities.

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.

Investment focus

Software, Information Technology, B2B
Seed, Pre-Seed
Morocco

Portfolio highlights

TALATY — Talaty offers AI-driven instant financing solutions tailored for African businesses. Enhance your financial stability with our user-friendly, innovative platform. Explore flexible funding options today.
Colis.ma — Colis.ma is a logistics platform that enables transport companies to digitize their operations, track packages and optimize their ressources, at the same time allowing customers (individuals and businesses) to find, compare and choose the best international transport company based on their preferences, while offering door-to-door delivery services,comprehensive package tracking capabilities and highly competitive pricing, approximately 4 to 5 times cheaper than other options available in the market.
ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.

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

Investment focus

Agriculture, Apps, Food Processing
Funding Round, Seed, Pre-Seed
Morocco, Israel, South Africa

Portfolio highlights

Terraa — Terraa is a B2B distribution platform in Moroccan.
NitroFix — NitroFix aims to lower the global carbon footprint by generating ammonia with no carbon emissions. NitroFix created an innovative manufacturing technology that generates 0% CO2. The method is based on an electrochemical reaction, which is aided by a new catalyst.
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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Investment focus

SaaS, FinTech, Finance
Seed
Morocco

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.
Tookeez — Fill your life
Presta Freedom — PrestaFreedom is a platform that offers a variety of home maintenance services via monthly and weekly membership options. The cleaning subscription is carried out by a group of skilled technicians, and it is paid formally with a very inspiring career plan and benefits.

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

Investment focus

B2B, SaaS, Water
Seed, Pre-Seed
Morocco, France, Cameroon

Portfolio highlights

Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
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.

We provide smart capital to grow investable startups in Africa

Investment focus

Supply Chain Management, Logistics, Information Services
Seed, Pre-Seed, Series A
Morocco, Egypt, Kenya

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.

Orange Ventures is the Venture Capital Fund of the Orange Group, with 350m euros under management

Investment focus

Software, FinTech, Information Technology
Seed, Series B, Series C
France, United States, United Kingdom

Portfolio highlights

Pretto — Pretto is the only truly transparent online real estate price comparator.Pretto accompanies you until the signing of your loan, free of charge and without commitment.
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.
Supervizor — Supervizor allows companies to automatically check all accounting and operational data, and detect errors and fraud. No setup or dry runs required.

Afri Mobility is the venture capital arm of AKWA Group.

Investment focus

B2B, Food Delivery, Fleet Management
Seed, Convertible Note
Morocco, France

Portfolio highlights

Lyko — In a simple connection, integrate the planning and sales of thousands of mobility service providers around the world into your platform...
VotreColis — VotreColis.ma is a 100% b2b online solution that will help you streamline your delivery service. Facilitate merchant-customer relationships by providing them with a team of deliverers in all Moroccan cities, as well as a platform for managing and optimizing deliveries.
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.

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.

Investment focus

Software, E-Commerce, SaaS
Series A, Seed, Series B
United States, France, Germany

Portfolio highlights

KoRo — KoRo is a fast-growing FoodTech startup - one of the leading brands for healthy, long-lasting and sustainable food.
Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
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.

Launch Africa is a fund with the primary objective of unlocking the capital constraints of Seed Stage tech startups.

Investment focus

Financial Services, FinTech, Information Technology
Seed, Funding Round, Pre-Seed
Nigeria, South Africa, Kenya

Portfolio highlights

Bosso — Bosso projects and realizes automation and robotic solutions for the growth of your business.
Kredete — Kredete is a digital lending platform that provides free credit scores and reports to underserved individuals and small businesses in Africa to help them gain access to formal credit and improve their financial health. The platform connects borrowers with lenders and enterprises in Africa and is designed to simplify the lending process and makecredit more accessible by leveraging cutting-edge technology. Kredete offers a user-friendly platform that guides borrowers, lenders, and enterprises through the process of offering loans, making it simple for them to provide the right loan products for their needs.One of the key features of Kredete is its instant approval process, which is made possible by advanced algorithms and artificial intelligence. The platform offers flexible lending options by partnering with a variety of lenders and enterprises, enabling borrowers to choose the best option for their specific situation.Kredete is committed to protecting the privacy and security of all users' personal and financial information. It uses robust encryption and security measures to ensure that sensitive data remains safe and secure. Additionally, the platform maintains transparency throughout the loan process, providing lenders, enterprises, and borrowers with clear information about loan terms and associated fees.Kredete believes in empowering its users with the knowledge and resources they need to make informed financial decisions. To this end, the platform offers financial education, tools, and resources to help users better understand and manage their finances. Kredete also works closely with businesses and institutions to provide tailored financial solutions for their unique needs.Through its focus on accessibility, convenience, and transparency, Kredete is transforming the lending landscape in Africa and helping to bridge the financial inclusion gap. The platform remains dedicated to its mission of empowering lenders, enterprises, and borrowers across the continent to access the funds they need to achieve their financial goals.
Wahu Mobility — Wahu Mobility is an open e-mobility platform that connects drivers, passengers, and goods in a simple, inclusive, transparent, nationwide, and multimodal manner.

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.

Investment focus

E-Commerce, Internet, Software
Funding Round, Seed, Series A
United States, Jordan, United Arab Emirates

Portfolio highlights

liwwa — liwwa connects small businesses in need of capital with people who want to invest in them. The company’s peer-to-peer lease-to-own model addresses the capital access and interest-free investor return opportunities. Liwwa conducts in-house reviews of a small business's creditability and enables them to pay a monthly fee to investors. Foundedin 2013, Liwwa raised seed funding with DASH Ventures, al Etihad, and MENA Venture Investments, which it plans to use to hire several new team members, including an underwriting team and to support a new product offering.
Shippify — Shippify is an innovative logistics service that connects businesses with a diverse network of drivers & 3PLs to provide same day delivery . Shippify is backed by strategic leading venture capital and angel investors. Currently available in Brasil, Mexico, Chile and Ecuador. The company was founded in 2014.
Connecterra — Remove data silos across your systems, quantify your decisions with data, get insights and analysis powered by advanced AI delivered to your inbox and to your wider team.

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

Investment focus

B2B, Logistics, E-Commerce
Seed, Pre-Seed, Series A
Nigeria, Senegal, United States

Portfolio highlights

GAiF Ai — GAiF Ai is an online community driving Africa's generative AI revolution.
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.
LAfricaMobile — WE HELP ENTREPRISES IN AFRICA TO BUILD STRONG LINKS WITH THEIR CUSTOMERS ON THE MOBILE PHONE.Thanks to customized solutions and products that take into account local context in Africa, LAfricaMobile makes communication between companies and their customers much easier. Our adaptability (Multi-operator, Multi-channel, Multi-country) allowscompanies to reach a wide target and gives end consumers instant, safe and secure access to the information they need.

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.

Investment focus

Financial Services, Manufacturing, FinTech
Funding Round, Private Equity, Series A
Tunisia, Morocco, Kenya

Portfolio highlights

Bizao — Bizao helps companies accept all local payment methods across Africa. We build powerful APIs and smart financial flows wich greatly simplify the challenge of accepting Mobile Money, Visa/Mastercard and Airtime payment. We power all types of businesses: local retailers, online merchants, international digital content providers, money transferoperators, microfinance institutions. Our objective: accelerate mobile payment adoption in order to support economic development across the continent
Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
Moove — Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership globally. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analyticsof mobility entrepreneurs to underwrite loans.

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Investment focus

Logistics, Recruiting, Staffing Agency
Seed
Morocco, France

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.
Jobop — Agende d'interim 2.0
CloudFret — CloudFret Quickly connects shippers to a large network of reliable carriers in Africa and Europe, through a unique and innovative platform.

Al Mada Ventures is an investment firm.

Investment focus

Wellness, Health Care, Health Insurance
Funding Round
France

Portfolio highlights

inyad — We're on a mission to move the Offline Business to the Online World in Africa & the Middle East
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.
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.

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.

Investment focus

Logistics, Information Technology, E-Commerce
Seed, Series A, Pre-Seed
Pakistan, United States, Peru

Portfolio highlights

TAPPI — TAPPI is the leading association for the worldwide pulp, paper, packaging, and converting industries and publisher of Paper360º.
goFlux — GoFlux is a SAAS platform that allows companies to connect to service providers such as carriers and logistics operators. The company gives transparency to the quotation process and hiring of transport. through a Cloud platform, shippers can manage the entire hiring process of a carrier.The company was founded in 2015 and headquartered in SaoPaulo, Brazil.
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

Swiss Founders Fund is a seed and early stage investment fund based in St.Gallen, Switzerland. SFF invests in and builds companies globally.

Investment focus

Software, E-Commerce, Internet
Seed, Pre-Seed, Series A
Switzerland, Singapore, Germany

Portfolio highlights

Canza Finance — We are an Open Finance Portal enabling access to unlimited financial services for emerging markets, backed by Polychain, Avalanche, CoinMarketCap...
RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
Nerif Network — Nerif Network is designed to automate smart contract execution and build decentralized applications across multiple chains.

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.

Investment focus

Software, Financial Services, Biotechnology
Series A, Seed, Series B
United States, Turkey, United Kingdom

Portfolio highlights

Karman+ — Mining near Earth asteroids
Lovable — Build software products, using only a chat interface
Basecamp Research — Novel proteins from nature. We sample the most extreme and exciting places on the planet to build the world's largest knowledge graph of natural biodiversity.

Seed capital for technology startups globally.

Investment focus

Financial Services, Software, FinTech
Seed, Pre-Seed, Series A
United States, Nigeria, Kenya

Portfolio highlights

Regfyl — Powered by AI, Regfyl is the all-in-one fraud and compliance platform for financial institutions and fintechs. Regfyl allows these businesses to reduce costs and focus on higher value activities.
Sukhiba — Sukhiba is a decentralized community-based commerce platform.
Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud

Flexport Ventures operates as a venture capital firm.

Investment focus

Logistics, Supply Chain Management, Software
Seed, Series A, Series B
United States, Kenya, Spain

Portfolio highlights

Lang.ai — Automated tagging of support tickets and calls. We build AI for business users and help their support teams scale.
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.

The best companies, off the beaten path.

Investment focus

Software, Financial Services, FinTech
Seed, Pre-Seed, Series A
United States, Mexico, India

Portfolio highlights

UnVale — UnVale will change how people develop, explore, and express their identities online.
Acre — Fundamentally redesigning homeownership
Farmako — Install Farmako app, get a free health ID and get all your medical records safe and secure in one place!

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

Investment focus

Human Resources
Funding Round
Morocco

Portfolio highlights

Kwiks — Kwiks is an Artificial intelligence that has made the process more nimble and efficient while providing real-time visibility into recruitment performance. Kwiks helps In just a few clicks, get in touch with a recruiter from our community and get the hiring process started. a streamlined user interface that optimizes post-integration talent trackingin addition to recruitment expenses.

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.

Investment focus

Financial Services, Finance, FinTech
Debt Financing, Funding Round, Series B
India, Brazil, United States

Portfolio highlights

Promigas — Promigas builds and operates pipelines for the distribution of natural gas. They design, construct, and maintain the natural gas transmission and distribution infrastructure. They provide integrated solutions for the hydrocarbon industry.
Yondr Group — We are Yondr, a global developer, owner and operator of hyperscale data centers. Our mission is: global capacity responsible delivery.
Banco Daycoval — Banco Daycoval is a financial solutions firm that provides investments, vehicle financing, payroll, business and individual credits.

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

Investment focus

Retail, Shopping
Funding Round
Morocco

Portfolio highlights

Retail Holding — Retail Holding is a Retailer business.

Lynett Capital is an early stage investment firm dedicated to the empowering technology companies.

Investment focus

FinTech, Wireless, Mobile
Seed, Series A, Pre-Seed
United States, Kenya, Nigeria

Portfolio highlights

Hadrius — RIA Compliance Powered By AI. Our next-gen platform automates the entire RIA ongoing compliance process, saving you 90%+ of the time and with better accuracy than humans.
Juxta — Juxta builds first-of-its-kind software that helps hospitals optimize the flow of patients, staff, and resources throughout their facilities. By incorporating intuitive geospatial programs into everyday operations, Juxta equips admin with a suite of unique analytics that help them make valuable choices for their hospitals.
Ribbon — Go live with an inheritance center that your members deserve

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

Investment focus

Software, Information Technology, E-Commerce
Seed, Funding Round, Angel
France, Morocco

Portfolio highlights

Rewayz — Rewayz is operating a health platform connecting consumers with professional certified coaches and fun workshops and video exchanges.
Vinidaily — Vinidaily is the application that helps you choose the wine 100% adapted to your tastes and the occasion, in your favorite supermarket and soon everywhere else.
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

300+ YC alumni investing in the top YC startups

Investment focus

Software, Information Technology, E-Commerce
Seed, Pre-Seed, Series A
United States, India, United Kingdom

Portfolio highlights

Apriora — Conduct real-time interviews with your AI Interviewer
Unify — Route your prompts to the best LLM endpoint. Get the best output and optimize for speed, latency and cost to supercharge your LLM applications!
Founder AI — Discover ready-to buy prospects, break into key accounts and accelerate deal cycles with YC-backed AI sales tool.

CDG Invest Growth (CIG) is a private equity firm, based in Casablanca, Morocco. We provide capital to medium-sized enterprises across Africa.

Investment focus

Retail, Shopping
Funding Round
Morocco

Portfolio highlights

Retail Holding — Retail Holding is a Retailer business.

Our DNA is rooted in a passionate belief in the potential of Africa, a relentless drive for innovation, and an unwavering commitment to impact. We are not just investors; we are builders of a better future, one investment at a time.

Investment focus

Financial Services, B2B, Organic Food
Seed, Pre-Seed
Tunisia, France, Morocco

Portfolio highlights

Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
ProXalys — ProXalys is an online marketplace for agricultural products, offering assured payments and deferred payment options for merchants.

Soma Capital is a fund built by founders for founders that focuses on software. It has invested seed in startups now worth over $60 billion combined including Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling, and Lambda School among others (20 unicorns) It was founded in 2015 and is headquartered in San Francisco, California.

Investment focus

Software, FinTech, Financial Services
Seed, Pre-Seed, Series A
United States, India, Mexico

Portfolio highlights

Aquaria — Discover how you can secure access to safe, clean water from air using Aquaria's atmospheric water generators.
PlayAI — PlayHT is #1 AI Voice Generator with 600+ AI voices that creates ultra realistic Text to Speech voiceovers. Convert text to audio and download as MP3 & WAV files.
Vooma — Vooma is a back-office automation platform that enables automated order entry for brokers and carriers.

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

Investment focus

Financial Services, Payments, Software
Seed, Pre-Seed, Series B
Egypt, Kenya, Nigeria

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.
Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
Juicyway — Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.

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.

Investment focus

Financial Services, FinTech, E-Commerce
Seed, Series A, Pre-Seed
Germany, India, United Kingdom

Portfolio highlights

Bamba — Bamba is a small software development house building Android applications
Lilo — Lilo is the first invest-and-experience platform offering the most sought-after properties around the world.
Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.

E3 Capital invests in growing, entrepreneurial businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. The fund is backed by Schneider Electric, the leading energy management multinational, and a number of public-sector investors.

Investment focus

Solar, Energy, Financial Services
Seed, Series A, Series B
Kenya, United States, Mali

Portfolio highlights

Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
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.
Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.

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.

Investment focus

FinTech, Financial Services, Software
Seed, Series A, Series B
United States, United Arab Emirates, Saudi Arabia

Portfolio highlights

Pathao — Pathao can move you forward. One app for your success, earning, betterment, comfort, easy going lifestyle and many more. Keep #MovingSafely
Mala Inc. — This is meta description
PostEx — PostEx is a hybrid of receivables factoring solutions and courier services that pay invoice values upfront to e-commerce companies offering Cash on Delivery as one of their modes of payment.

Axxam translates innovative biology into bioactive molecules through integrated early drug discovery services

Investment focus

SaaS, Finance, Software
Pre-Seed, Series A
Germany, Morocco

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.

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.

Investment focus

Travel, Shipping, Logistics
Seed, Pre-Seed
Kenya, Morocco

Portfolio highlights

Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.

Neon Capital

Investment focus

B2B, E-Commerce, Marketplace
Seed
Morocco

Portfolio highlights

WaystoCap — WaystoCap is a B2B marketplace where businesses in Africa can buy and sell products.Beyond just product discovery and verification, WaystoCap helps businesses in obtaining financing and insurance, managing their shipments, and ensuring payments security.WaystoCap facilitates the whole trading operation so that its buyers can find the mostcompetitive products and obtain financing; and its suppliers can access new markets and trade in a secure environment.

Development Partners International (“DPI”) is a leading Pan-African private equity firm, with strong local knowledge and an established track record of investing in Africa.DPI was established in 2007 by co-founders Miles Morland and Runa Alam, both pioneers of African investment, with a vision to build a leading pan-African private equity firm.Today, DPI manages over US$1.1bn of assets across two private equity funds.Through its world class team with over 100 years of aggregate African investment experience, DPI has invested in 19 portfolio companies operating across 27 countries.The investment team is 100% African and over 40% of the DPI team is made up of women. They possess the local network, knowledge and language skills to source and invest in transactions throughout the continent.

Investment focus

Financial Services, Manufacturing, Retail
Private Equity, Funding Round, Series A
Egypt, Morocco, Nigeria

Portfolio highlights

Kazyon — Kazyon is the largest Egyptian discount supermarket chain with over 450 stores in 17 governorates.
Pan African Towers — Pan African Towers Limited, is a telecommunications infrastructure and wireless service facilitator.
Marcyrl Pharmaceutical — Life is our Vision - Health is our Mission

Airbnb alumni supporting the next generation of 21st-century companies

Investment focus

Software, Health Care, Information Technology
Seed, Series A, Series B
United States, France, Brazil

Portfolio highlights

Droxi — Droxi is an AI-based platform that helps primary care physicians to reduce the amount of time spent on non-patient-facing tasks.
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.
Isaac Health — Isaac Health is an online memory clinic for the prevention, diagnosis, and treatment of dementia and other brain health conditions.

Rocket Internet incubates, builds, develops operationally and strategically invests in internet and technology companies globally. It provides operational support to its companies and helps them scale internationally. Rocket Internet's selected companies are active in a large number of countries around the world.

Investment focus

E-Commerce, Internet, FinTech
Seed, Series A, Funding Round
Germany, Singapore, United Kingdom

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.

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.

Investment focus

Financial Services, Finance, Renewable Energy
Debt Financing, Funding Round, Series B
India, The Netherlands, Kenya

Portfolio highlights

Paymob — Paymob runs millions of transactions for different business sizes across the Middle East and Africa. Start using Paymob’s solutions and API’s to accept and send payments for your online business now.
Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
Trans-Oil Group of Companies — TRANS-OIL GROUP is an agro-industrial holding with oilseeds crushing, grain handling, commodities trading, and exports. It produces vegetable oil, flour.

Algebra Ventures invests in technology startups that leverage innovation to transform large markets. They seek high-growth companies, led by passionate and capable teams, that have a unique value proposition, and that can generate significant economic returns.Algebra Ventures looks for entrepreneurial teams that possess vision and insight as wellas the execution skills needed to build scalable companies. Algebra Ventures focuses on Series A and Series B rounds in Egypt although they do not exclude investments in earlier-stage startups or in other parts of the MENA region. They prefer to meet startups early on and get to know the team as the opportunity is shaping up.

Investment focus

E-Commerce, Internet, Marketplace
Series A, Seed, Funding Round
Egypt, Jordan, United Arab Emirates

Portfolio highlights

EFreshli — Furnishing & decorating is exciting with our expert designers, curated shopping experience, and professional setup. Transform your space with our easy 3-step process.
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.
Connect Money — White labeled card issuance - Zero upfront investment - no integrations - go live in less than 10 weeks.

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

Investment focus

Financial Services, FinTech, Payments
Pre-Seed, Seed, Angel
Nigeria, United States, Kenya

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 — Corporate Credit Cards, Spend Management software built for your African realities. It empowers your people to do more. It combines virtual, smart physical credit cards, payments and expenses into one experience powered by Visa Cards, dedicated NUBANs, Mobile Wallets and Faster Payments.
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

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

Investment focus

Financial Services, FinTech, Software
Pre-Seed, Seed, Angel
Nigeria, United States, Ghana

Portfolio highlights

Juicyway — Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.
Intron Health — Intron is the future of clinical documentation with real-time clinical speech-to-text for 200+ African accents, easing the transition to digitized care.
PBR Life Sciences — A cloud-based real-world, non-observational pharmacy sell-out data

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.

Investment focus

Apps, Real Time, Ride Sharing
Pre-Seed
Côte d'Ivoire

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.
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.
Twende — Twende is a platform that offers reliable shared transport

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

Investment focus

B2B, Information Technology
Seed
Morocco

Portfolio highlights

ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.

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

Investment focus

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.

We’ve partnered with entrepreneurs globally who have created technology firms with over one trillion dollars of combined market cap to help you grow your business.

Investment focus

Software, Financial Services, E-Commerce
Seed, Series A, Funding Round
United States, Colombia, Canada

Portfolio highlights

invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
MealMe — MealMe: We compare services for delivery pickup and groceries to ensure that we are the fastest food delivery app, the cheapest food delivery app, and the food delivery app with the largest selection.
Party Icons — Party Icons is a web3 mobile gaming platform. Its mission is to blend the social glue of party games with the intensity of extraction shooters.

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

Investment focus

Seed

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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