• Morocco-based last-mile delivery startup Cathedis has raised $713,000 from Fond Capital Venture (FCV), the VC fund of BMCE Capital Investments, and Beltone Venture Capital.
• Founded in 2015 by Imad Mansour Zekri, Cathedis provides e-commerce platforms and online retailers with a variety of last-mile delivery services.
• With this investment, Cathedis stands poised to leverage new resources, enhancing its infrastructure and capacity to meet the demands of an expanding market, both at home and abroad.

Source: 7 News Morocco

BMCE Capital Investments, the private equity arm of BMCE Capital, announced on Wednesday a fresh investment in the Moroccan company Cathedis, made through its dedicated venture capital fund (FCV). This latest funding round, amounting to nearly MAD7 million, includes a MAD5 million investment from FCV and an additional MAD2 million from Beltone Venture Capital, underscoring growing investor confidence in Morocco’s startup ecosystem.

Cathedis, a rapidly expanding player in last-mile delivery logistics, has been on a steady upward trajectory. Supported by the 212Founders program of CDG Invest and Afri Mobility—venture capital subsidiaries of the AKWA Group—Cathedis has set its sights on solidifying its Moroccan presence while accelerating its international ambitions. Known for its unique value proposition and the strength of its management, Cathedis has consistently showcased expertise in the logistics sector, positioning itself as a company to watch in this evolving market.

This new partnership with BMCE Capital Investments aligns with the fund’s mission to fuel Moroccan startups with high growth potential. By backing promising companies like Cathedis, BMCE Capital aims to cultivate medium-to-long-term success stories that resonate internationally, fostering Morocco’s position as a competitive player in the global startup scene.

Joining a robust lineup of investors that includes CDG Invest, Afri Mobility, and Beltone Venture Capital, BMCE Capital is doubling down on its commitment to the vibrant Moroccan entrepreneurial landscape. With this investment, Cathedis stands poised to leverage new resources, enhancing its infrastructure and capacity to meet the demands of an expanding market, both at home and abroad.