Wamda

Morocco

Morocco’s Al Mada launches pan-African $109.5 million VC fund

Morocco-based Al Mada Holding Group has launched a $109.5 million pan-African venture capital fund to invest in fast-growing...

Al Mada africa Venture Capital

Morocco

Morocco’s Guichet.com raises $309,000

Morocco-based digital ticketing platform Guichet.com, has received $309,000 (MAD3 million) equity financing from the 212 Founders...

Guichet Digital ticketing

Morocco

Chari acquires Axa Credit for $22 million

Morroco-based B2B e-commerce startup Chari, has acquired Axa Credit, the credit line of Axa Assurance, in a deal worth $22...

Chari

Morocco

WafR raises $372,000

Morocco-based WafR, a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops has raised...

WafR

Morocco

Freterium raises $4 million Seed

Morroco-based digital trucking software startup Freterium, has raised $4 million in a Seed round led Partech, with participation...

Logistics

Morocco

Morocco’s Chari raises bridge round

Morocco-based B2B e-commerce and fintech startup Chari, has closed an undisclosed bridge round led by the Saudi-based venture capital...

Chari Fintech

Morocco

Agenz raises $540,000 Seed round

Morocco-based property valuation startup Agenz, has raised a $540,000 (DH5 million) Seed round from Azur Innovation Partners. Founded...

Proptech Agenz

Morocco

Chari: The next step in digitising the baqala

At almost every corner or block in a Middle East and North Africa (Mena) city stands a baqala, or small grocer, typically independent,...

Chari.ma

Morocco

Moroccan B2B e-commerce startup Sle3ti raises $1.3 million Seed round

Sle3ti, a Casablanca-based B2B marketplace, connecting FMCG retailers to wholesalers and distributors, has raised DH12 million...

Sl3ti B2B e-commerce

Morocco

Chari.ma raises $5 million Seed round

Morocco-based fintech and B2B e-commerce Chari.ma has raised a $5 million Seed round at a valuation of $70 million, co-led by...

Chari.ma B2B e-commerce

Morocco

Moroccan freight startup Cloud Fret raises $390,000 investment

Morocco-based logistics startup Cloud Fret has received MAD3.5 million ($390,000) from Azur Innovation Fund, marking the fund’s...

Cloud Fret freight north africa

Morocco

Moroccan healthtech DataPathology raises $223,000

Casablanca-based healthtech DataPathology has raised $223,000 in its latest funding round led by WitamaxOne, which is jointly backed by...

DataPathology healthtech

Morocco

Moroccan fintech Lacaisse.ma secures funding from WitaMax

Morocco-based Lacaisse.ma has received funding from WitaMax, the amount raised was undisclosed. Founded in 2016 by Said Belkhayat...

Lacaisse.ma WitaMax

Egypt

Egypt's MaxAB acquires Morocco's WaystoCap

Egypt-based B2B marketplace MaxAB has acquired the Morocco-based B2B e-commerce and distribution platform, WaystoCap. MaxAb has...

E-commerce MaxAB waystocap

Morocco

Morocco's Chari.ma acquires fintech app Karny.ma

Morocco-based B2B e-commerce platform Chari.ma has acquired its compatriot fintech app Karny.ma to facilitate mobile...

Chari.ma B2B e-commerce Retail

Morocco

Morocco's LNKO secures $335,000 investment

Morocco-based e-commerce startup LNKO has raised a $335,000 investment from CDG Invest. Founded in 2020 by Maha Bennani, LNKO provides...

LNKO Eyewear E-commerce

Morocco

Damanesign raises $450,000 from Maroc Numeric Fund II

Morocco-based Damanesign has raised $450,000 from the Maroc Numeric Fund II. Founded in 2021 by Zouhair Hamdaoui,...

Damanesign Maroc Numeric Fund II

Morocco

Y Combinator acquires 7 per cent of Morocco's B2B e-commerce startup Chari

US-based Seed investor and accelerator Y Combinator has acquired 7 per cent of shares in Morocco-based B2B e-commerce startup Chari,...

Chari B2B e-commerce Y Combinator

Morocco

Morocco’s fintech Yalla Xash raises $675,000

Morocco-based fintech startup Yalla Xash has raised MAD6 million ($675,000) from Maroc Numeric Fund II. Yalla Xash is a...

Yalla Xash Fintech

Morocco

Orange and AXA CIMA to acquire majority stake in DabaDoc

Orange Middle East and Africa and AXA Assurance Maroc, an AXA CIMA entity, have agreed on a joint acquisition for a majority stage in...

healthtech dabadoc

Morocco

EMPG invests $10 million in Mubawab

Morocco-based real estate portal Mubawab has received a $10 million cash injection from parent company Emerging Markets Property Group...

mubaweb EMPG Real Estate

Morocco

Outlierz Ventures invests in three African startups

Source: Ventureburn The three selected tech-enabled startups will utilise the funding received from Outlierz Venture to transform...

healthtech Outlierz Ventures Fintech

Morocco

ATLAN Space raises $1.1 million in Series A

Morroco-based ATLAN Space has raised $1.1 million (MAD 10 million) for its Series A funding round from Maroc Numeric Fund II, with...

ATLAN Space AI UAVs

Morocco

ASMA Invest invests in SMGF

Morocco-based institutional investor ASMA Invest has invested in SEAF Morocco Growth Fund (SMGF). The amount raised...

ASMA invest early stage

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