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Top 10 Internet VC (Venture Capital) Funds in Morocco in October 2023

A list of 10 VC (Venture Capital) funds that invest in Internet startups based in Morocco. We rank investors based on the number of investments they made in Internet companies from Morocco. We update this investor list every month.

Top 10 Internet VC (Venture Capital) Funds in Morocco in October 2023

Investor Internet Morocco investments
Maroc Numeric Fund 7
CDG Invest 3
Battery Ventures 1
Story Ventures 1
Soma Capital 1
Lynett Capital 1
Neon Capital 1
Palm Drive Capital 1
ENISA 1
Endure Capital 1

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Investor list
Maroc Numeric Fund
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investment in the past 12 months

Maroc Numeric Fund is a tech VC fund investing in Morocco.

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Investment focus

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

Portfolio highlights

  • Cypherleak — Cypherleak is an automated cyber risk monitoring and scoring solution that uses an organisation's domain name only to map their risk exposure across leaked passwords, attack surface, vulnerabilities and dark web data leakage. Additionally, Cypherleak supports global insurances by powering their cyber insurance products with reliable andaccurate cyber risk modeling and monitoring.
  • 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.
  • Aza Petrosolutions — Aza Petrosolutions provides services, solutions, and superior software and hardware for fuel management.
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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 3 investments in the past 12 months

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

  • Apps, Software, Internet
  • Pre-Seed, Seed, Convertible Note
  • Morocco, France, Switzerland

Portfolio highlights

  • Cathedis — Cathedis has been a partner of e-merchants, adapting to the evolutions of the e-commerce market. Taking into account the trends and needs of e-merchants and e-buyers, as the constraints of their business. Their offers are always more important, competitive, personalized, and innovative.
  • Oncorad groupe — Oncorad groupe is a health care organization that specializes in oncology and radiology services for the prevention and treatment of cancer.
  • Freshcut Morocco — Freshcut Morocco is an agro-industrial firm.
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Battery Ventures
VC Fund · Boston, Massachusetts, United States · 24 investments in the past 12 months

Battery Ventures is a global investment firm that focuses on technology. Battery invests in potentially, category-defining businesses in markets including application software, IT infrastructure technologies, consumer-internet and mobile services, and industrial technologies.

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Investment focus

  • Software, SaaS, Enterprise Software
  • Series B, Series A, Series C
  • United States, Israel, Canada

Portfolio highlights

  • Wing Cloud — Wing Cloud tames cloud complexity through a unified programming and operational model that works across all providers and services.
  • Fulcrum — Designed with technology in mind, be free of paper with Fulcrum, the manufacturing ERP of the future. Ai scheduling, visual BOM, live tracking
  • UBQ Materials — UBQ Materials envisions a world where finite resources are infinitely reused. It aims to help rescue the planet. The UBQ proprietary process converts Residual Municipal Solid Waste, destined to landfills, into novel bio-based UBQ Material, that can be used to make everyday durable products - with a reduced carbon footprint.The company was foundedin 2012 and is headquartered in Tel-Aviv, Israel.
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Story Ventures
VC Fund · New York, New York, United States · 4 investments in the past 12 months

Story is an early-stage venture fund based in NYC that invests in entrepreneurs with big visions leveraging technology and the proliferation of data to change the way people interact with the world.

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Investment focus

  • Information Technology, Health Care, Software
  • Seed, Series A, Series B
  • United States, Poland, Morocco

Portfolio highlights

  • Petal — Credit cards with cash back at many local businesses, no annual or international fees, high limits, and a mobile app that makes it easy to manage your money, track your spending and automate payments.
  • Nomic AI — Nomic AI engages in improving both the explainability and accessibilty of AI.
  • Summer​ — Summer partners with employers help their populations navigate and reduce student loan debt. Summer is a certified B-Corp.
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Soma Capital
VC Fund · San Francisco, California, United States · 46 investments in the past 12 months

Soma Capital is venture capital fund that focuses on investing in software to automate the world across all sectors and geographies.

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Investment focus

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

Portfolio highlights

  • 0xPass — Frictionless auth and login for your dapp
  • Arkifi — Arkifi is an artificial intelligence company that develops AI-powered financial analyst tools. Arkifi's framework generates consistent results that avoid fabricating factual details (referred to as "hallucination"), instilling enterprises with an unmatched level of confidence in the outcomes.
  • Gradia Health — Gradia is an integrated, concierge care platform designed for clinics to support patients with chronic conditions.
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Lynett Capital
VC Fund · San Francisco, California, United States · 1 investment in the past 12 months

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

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Investment focus

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

Portfolio highlights

  • OpenYield — OpenYield is the modern bond exchange for retail. Equity-like liquidity for corporates and treasures.
  • Notabene — Crypto Compliance for VASPs & Regulators made simple! Notabene is a platform designed to bridge crypto markets with traditional financial systems. Book a demo today.
  • ABL Space Systems — ABL Space Systems is a company based in El Segundo, California, focused on launch vehicle and launch systems technology development.
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Neon Capital
VC Fund

Neon Capital

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Investment focus

  • B2B, E-Commerce, Marketplace
  • Seed
  • Morocco

Portfolio highlights

  • WaystoCap — WaysToCap helps you find reliable Buyer and Suppliers, Importers and Exporters, secure trades, Manage and Compare Quotes, provide Protection and Insurance. Food and Beverage, Construction and Energy, Packaging and Office, Textiles and Clothes, Maintenance and electronics
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Palm Drive Capital
VC Fund · New York, New York, United States · 6 investments in the past 12 months

We are an NYC-based venture capital fund built on the belief that innovators are everywhere.

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Investment focus

  • Software, Financial Services, FinTech
  • Seed, Series A, Funding Round
  • United States, Colombia, Canada

Portfolio highlights

  • dipp, inc. — Scale your eCommerce design for free. With dipp's design automation and analysis, your brand can have beautiful visual content that drives conversion.
  • FlexDesk — FlexDesk is creating a new evolution of the flexible workspace model. Remote workers use the platform to discover and book a dedicated desk or private office by the day. FlexDesk unlocks this inventory by partnering with office landlords and coworking operators that have furnished, underutilized space.
  • Galactic Holdings — Galactic Holdings offers a series of digital finance products.
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ENISA
VC Fund · Madrid, Madrid, Spain · 15 investments in the past 12 months

ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects.

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Investment focus

  • Software, Health Care, Information Technology
  • Seed, Debt Financing, Pre-Seed
  • Spain, United States, France

Portfolio highlights

  • aunoa — We are an Artificial Intelligence Software company focused on providing automation tools to improve customer experience and support
  • Yuvod — Create your own end to end OTT and/or IPTV platform so you can focus on acquiring customers.
  • Bemyvega — Bemyvega is a platform to broadcast and stream live classes.
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Endure Capital
VC Fund · Cairo, Al Qahirah, Egypt · 2 investments in the past 12 months

Endure Capital is an early stage investment fund headed by entrepreneurs looking for startup teams. They look for founders who are relentlessly resourceful and imaginative, solving genuine problems that matter to a lot of people and building high growth companies that endure.

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Investment focus

  • Health Care, Software, E-Commerce
  • Seed, Series A, Series B
  • Egypt, United States, United Kingdom

Portfolio highlights

  • Suplyd — Suplyd is a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.
  • Pylon — Pylon provides water and electricity distribution companies, in emerging markets, with a platform for managing their customers and infrastructure.
  • Almentor — almentor.net is a cutting-edge continuous e-learning platform curating top-rated video-based training programs delivered by leading subject matter experts and accessible through B2C and B2B channels to serve the needs of Arabs across the world. The platform was officially launched in January 2018 and currently offers the biggest Arabic high qualitycontinuous learning video library in the world, including paid courses, free talks, crash courses and books, primarily in Arabic.
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