Casablanca's first cheques rarely come from big funds. Angels and networks like MoBAN and MNF move earlier. A few seed funds write angel-sized tickets too. Here are 14 angel investors backing Casablanca founders in 2026.
Most founders here need cash before any seed fund will take the meeting. Angels and angel networks fill that first, riskiest gap.
Some are individuals writing a $10K cheque from personal money. Others are networks that pool a dozen smaller cheques into one.
A few Casablanca seed funds also write angel-sized first tickets. Ellty is built for startups raising that first round.
You will pitch ten or more angels before one finally says yes. Ellty keeps your deck behind one link you can track per angel.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Maroc Numeric Fund (MNF) | Angel network and seed fund | USD 100K-1M | Fintech, SaaS, edtech | mnf.ma |
| MoBAN (Moroccan Business Angels Network) | Angel network | USD 10K-100K | Sector-agnostic | moban.ma |
| Angels4Africa | Angel network | USD 10K-100K | African tech | lafactory.co |
| Outlierz Ventures | Seed VC | USD 150K-750K | Fintech, logistics, SaaS | outlierz.co |
| 212 Founders (CDG Invest) | Accelerator and angel | Up to USD 1M | Sector-agnostic | 212founders.co |
| UM6P Ventures | Pre-seed and seed VC | USD 25K-400K | Deep tech, agritech, AI | um6pventures.com |
| Al Mada Ventures | Seed and early VC | USD 250K-2M | Fintech, logistics, energy | almada.ma |
| CDG Invest | Anchor investor | USD 1M+ | Multi-sector | cdg.ma |
| Kalys Ventures | Pre-seed and seed VC | USD 50K-200K | SaaS, cleantech | kalysventures.com |
| P1 Ventures | Pre-seed and seed VC | USD 250K-1M | AI, fintech, software | p1ventures.com |
| Azur Innovation Fund | Seed fund | USD 100K-1M | Healthtech, AI, tech | tamwilcom.ma |
| Witamax | Seed VC | USD 100K-1M | Tech startups | innovinvest.ma |
| Yassine Laghzioui | Angel (individual) | USD 10K-100K | Deep tech, hardtech | um6pventures.com |
| Karim Beguir | Angel (individual) | USD 10K-50K | AI, deep tech | instadeep.com |
Open one data room for your raise
Ellty shows which angel opened your deck and read it through.
Start free 14-day trialWhat an angel investor backs
An angel backs the founder long before the numbers exist. They bet on conviction, speed and a market they believe in.
Most write small and decide fast, sometimes in a single meeting. They rarely lead a priced round, but they unlock the first ones.
Many are ex-founders who want to help, not just to wire money. Expect warm intros, hard questions and the odd 6am message.
See our Casablanca ecommerce investors list for later rounds. Ellty shows which angel actually opened your deck.
We back Moroccan founders early, when the only proof is the team and the problem they refuse to drop.
14 Casablanca angel investors
1. Maroc Numeric Fund (MNF)
Casablanca's oldest tech fund, and it still backs founders first.
Recent Activity: Backed 30+ Moroccan startups including Logidoo and KoolSkools
LinkedIn: MNF on LinkedIn
Sector Focus: Fintech, SaaS, edtech
Stage Focus: Seed
Check Size: USD 100K-1M
Location: Casablanca, Morocco
Website: mnf.ma
2. MoBAN (Moroccan Business Angels Network)
Morocco's main angel network, run by ex-founders and execs.
Recent Activity: Runs regular pitch sessions for early Casablanca founders
LinkedIn: MoBAN on LinkedIn
Sector Focus: Sector-agnostic
Stage Focus: Pre-seed, seed
Check Size: USD 10K-100K
Location: Casablanca, Morocco
Website: moban.ma
3. Angels4Africa
A LaFactory angel club backing African tech founders.
Recent Activity: An angel club made up of successful ex-founders
LinkedIn: Angels4Africa on LinkedIn
Sector Focus: African tech
Stage Focus: Pre-seed
Check Size: USD 10K-100K
Location: Casablanca, Morocco
Website: lafactory.co
4. Outlierz Ventures
A Casablanca seed fund that writes early, angel-sized first cheques.
Recent Activity: Joined a $5M seed-plus round for Socium in 2025
LinkedIn: Outlierz Ventures on LinkedIn
Sector Focus: Fintech, logistics, SaaS
Stage Focus: Seed, pre-Series A
Check Size: USD 150K-750K
Location: Casablanca, Morocco
Website: outlierz.co
5. 212 Founders (CDG Invest)
CDG Invest's accelerator that backs first-time founders.
Recent Activity: Supported 150+ startups and invested in two dozen
LinkedIn: 212 Founders on LinkedIn
Sector Focus: Sector-agnostic
Stage Focus: Seed, Series A
Check Size: Up to USD 1M
Location: Casablanca, Morocco
Website: 212founders.co
Know which angel actually read it
Ellty logs every open and page. Chase the keen angels first.
Start free 14-day trial6. UM6P Ventures
A university fund backing pre-seed deep tech and AI.
Recent Activity: Partnered with Attijariwafa Ventures in 2025
LinkedIn: UM6P Ventures on LinkedIn
Sector Focus: Deep tech, agritech, AI
Stage Focus: Pre-seed, seed
Check Size: USD 25K-400K
Location: Ben Guerir and Casablanca
Website: um6pventures.com
7. Al Mada Ventures
A $110M fund that often leads early Moroccan rounds.
Recent Activity: Led Userguest's $2.4M seed round
LinkedIn: Al Mada Ventures on LinkedIn
Sector Focus: Fintech, logistics, energy
Stage Focus: Seed, Series A
Check Size: USD 250K-2M
Location: Casablanca, Morocco
Website: almada.ma
8. CDG Invest
The state investor anchoring much of Casablanca's tech.
Recent Activity: Anchors the 212 Founders accelerator programme
LinkedIn: CDG Invest on LinkedIn
Sector Focus: Multi-sector
Stage Focus: Growth, anchor
Check Size: USD 1M+
Location: Rabat and Casablanca
Website: cdg.ma
9. Kalys Ventures
A pre-seed fund backing African SaaS and cleantech.
Recent Activity: Backed Userguest, Kumulus and Z.Systems
LinkedIn: Kalys Ventures on LinkedIn
Sector Focus: SaaS, cleantech
Stage Focus: Pre-seed, seed
Check Size: USD 50K-200K
Location: Casablanca and Paris
Website: kalysventures.com
10. P1 Ventures
A pan-African pre-seed fund active in Moroccan AI deals.
Recent Activity: Backed Morocco-origin Nuitee before its $48M round
LinkedIn: P1 Ventures on LinkedIn
Sector Focus: AI, fintech, software
Stage Focus: Pre-seed, seed
Check Size: USD 250K-1M
Location: Pan-African
Website: p1ventures.com
11. Azur Innovation Fund
A Casablanca seed fund for healthtech and bold tech.
Recent Activity: Backed DataPathology, KWIKS and Agenz
LinkedIn: Azur Innovation on LinkedIn
Sector Focus: Healthtech, AI, tech
Stage Focus: Seed, Series A
Check Size: USD 100K-1M
Location: Casablanca, Morocco
Website: tamwilcom.ma
12. Witamax
An Innov Invest seed fund co-investing in local tech.
Recent Activity: Co-invested in Enakl's $2.3M round in early 2026
LinkedIn: Witamax on LinkedIn
Sector Focus: Tech startups
Stage Focus: Seed
Check Size: USD 100K-1M
Location: Casablanca, Morocco
Website: innovinvest.ma
13. Yassine Laghzioui
A serial founder and angel backing deep tech in Morocco.
Recent Activity: Leads UM6P Ventures and founded PHOVA Technology
LinkedIn: Yassine Laghzioui on LinkedIn
Sector Focus: Deep tech, hardtech
Stage Focus: Pre-seed (angel)
Check Size: USD 10K-100K
Location: Casablanca, Morocco
Website: um6pventures.com
14. Karim Beguir
InstaDeep's co-founder, now an active North African AI angel.
Recent Activity: Co-founded InstaDeep, sold to BioNTech in 2023
LinkedIn: Karim Beguir on LinkedIn
Sector Focus: AI, deep tech
Stage Focus: Pre-seed (angel)
Check Size: USD 10K-50K
Location: Tunis and London
Website: instadeep.com
Angel cheques vs fund cheques
An angel cheque is small, personal and fast to close. A fund cheque is larger but slower and more conditional.
Most angels here write $10K to $50K, usually on a SAFE. A network like MoBAN can stack that into a $100K round.
Plan the fundraising sequence before you email anyone. Keep every signed SAFE in one Ellty room for later diligence.
Read our due diligence documents guide before you raise. Ellty stores each angel's terms behind one secure link.
Tap the founder networks first
Cold emails rarely land a Casablanca angel cheque. Warm intros from other founders do most of the real work.
MoBAN and Angels4Africa run pitch nights for their members. Get one portfolio founder to walk you in the door.
Bring a tight pitch deck to every angel night. Treat each coffee as the start of a long relationship.
Our due diligence questions list shows what they ask. Share answers from one tracked Ellty link, not email threads.
What angels expect after they wire
An angel cheque is the start, not the finish line. They expect short, honest updates every month or two.
Many angels will follow on if you keep them well informed. Ghost them and your next round gets a lot harder to close.
Lock decks with screenshot protection by default. Ellty keeps every investor update behind one link.
Good reporting now turns angels into seed-round champions. Keep the room live so follow-on diligence is instant.
How to pitch an angel investor
Open with the one problem you cannot ignore.
- 1.Open with the one problem you cannot ignore.Show the angel why now is the moment to act.
- 2.Tell your story before you show any numbers.Angels back the founder more than the metrics.
- 3.Show the smallest proof that you can deliver.One pilot or waitlist beats a big forecast.
- 4.Name the cheque and the milestone it buys.Tie the raise to one clear, near goal.
- 5.Send one Ellty link to your full deck.See which angel reads it to the very end.
How Ellty helps you land an angel investor in Casablanca
Your Casablanca angel list is ready to use. Open a data room before the first intro call.
- 1.Upload your deck, metrics and signed SAFEs.Keep every angel file in one secure room.
- 2.Send each angel a unique tracked link.Set view and download rights per person.
- 3.Watch opens and follow up right on time.Chase the angels who read it all first.
Raising angel money in Casablanca
- Mostly pre-seed and seed. A few back you at idea.
- Rarely. They back you before a lead appears.
- Through warm founder intros. Networks run pitch nights.
- Most angels here use a SAFE. It stays fast and cheap.
- Short monthly updates. Many of them then follow on.
