Meet the VCs funding Casablanca ecommerce in 2026

14 June 2026·5 min read

Chari just raised $12M to digitise corner shops. Outlierz and MNF back Casablanca commerce. Orange and global funds joined in. Here are 11 investors funding Casablanca ecommerce in 2026.

Chari just raised $12M to digitise small corner shops. That deal put Casablanca commerce on the global map.

Local funds like MNF and Outlierz back retail tech. Global names then pile into the much bigger rounds.

Informal retail is massive and still mostly offline. That gap is the whole Moroccan ecommerce opportunity.

You will pitch several of these funds in one round. Ellty keeps your commerce deck in one data room link.

TypeCheck sizeSector focusWebsite
Maroc Numeric Fund (MNF Ventures)VC (Casablanca)USD 100K-1MEcommerce, retail techmnf.ma
Outlierz VenturesVC (Casablanca)USD 150K-1MRetail, logisticsoutlierzventures.com
212 Founders (CDG Invest)VC (Casablanca)Up to USD 1MEcommerce, tech212.vc
UM6P VenturesVC (Casablanca)USD 100K-1MCommerce, deep techum6pventures.com
Orange VenturesVC (global)Up to EUR 2MEcommerce, fintechventures.orange.com
Global Founders CapitalVC (global)Seed-growthEcommerce, techglobalfounderscapital.com
P1 VenturesVC (pan-African)USD 100K-1MEcommerce, techp1.vc
Janngo CapitalVC (pan-African)EUR 50K-5MMarketplace, commercejanngo.africa
PartechVC (pan-African)Seed-growthEcommerce, techpartechpartners.com
AfricInvestVC (pan-African)GrowthConsumer, commerceafricinvest.com
Plug and PlayVC (global)Early-stageEcommerce, techplugandplaytechcenter.com

Run your commerce raise from one link

Ellty shows which fund opened your deck, so you follow up first, not late.

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What an ecommerce VC backs

An ecommerce VC backs a clear path to real margin. Gross margin and repeat orders matter the most here.

They want fast growth without burning all the cash. The delivery cost per order gets checked very early.

Most enter at seed and follow strong unit economics. A few growth funds only wait for proven repeat demand.

Also see our Casablanca fintech investors list too. Ellty shows you which fund actually opened your deck.

$12M
Chari Series A in October 2025
A record round for Moroccan commerce
$23M
Chari total funding raised
A Casablanca B2B retail super app
19
Investors in Chari's Series A
Local and global funds joined the round
2020
Chari founded in Casablanca
By Ismael Belkhayat and Sophia Alj
Our mission is to bridge the digital divide for small retailers and ensure they are not left behind in the global transition toward digital commerce.
Ismael Belkhayat, Founder and CEO, Chari, Casablanca

11 Casablanca ecommerce investors

1. Maroc Numeric Fund (MNF Ventures)

Casablanca's pioneer fund, backing commerce and retail tech.

Recent Activity: Backs Moroccan retail-tech and commerce

LinkedIn: MNF Ventures on LinkedIn

Sector Focus: Ecommerce, retail tech

Stage Focus: Seed

Check Size: USD 100K-1M

Location: Casablanca, Morocco

Website: mnf.ma

2. Outlierz Ventures

A Casablanca seed fund strong in retail and logistics.

Recent Activity: Backs distribution, retail and logistics

LinkedIn: Outlierz Ventures on LinkedIn

Sector Focus: Retail, logistics

Stage Focus: Seed, pre-Series A

Check Size: USD 150K-1M

Location: Casablanca, Morocco

Website: outlierzventures.com

3. 212 Founders (CDG Invest)

CDG Invest's accelerator backing commerce founders.

Recent Activity: Backs seed to Series A commerce teams

LinkedIn: 212 Founders on LinkedIn

Sector Focus: Ecommerce, tech

Stage Focus: Seed, Series A

Check Size: Up to USD 1M

Location: Casablanca, Morocco

Website: 212.vc

4. UM6P Ventures

A university-backed fund and a Chari Series A investor.

Recent Activity: Backed Chari's Series A round

LinkedIn: UM6P Ventures on LinkedIn

Sector Focus: Commerce, deep tech

Stage Focus: Pre-seed, seed

Check Size: USD 100K-1M

Location: Ben Guerir and Casablanca

Website: um6pventures.com

5. Orange Ventures

The Orange telco fund that co-led Chari's round.

Recent Activity: Co-led Chari's $12M Series A

LinkedIn: Orange Ventures on LinkedIn

Sector Focus: Ecommerce, fintech

Stage Focus: Seed, Series A

Check Size: Up to EUR 2M

Location: Paris and Africa

Website: ventures.orange.com

6. Global Founders Capital

A global fund with deep ecommerce experience.

Recent Activity: Backed Chari's Series A round

LinkedIn: Global Founders Capital on LinkedIn

Sector Focus: Ecommerce, tech

Stage Focus: Seed, growth

Check Size: Seed-growth

Location: Berlin and global

Website: globalfounderscapital.com

Send each fund a tracked link

Ellty logs every open and read. Chase the keen funds first, not days late.

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7. P1 Ventures

A pan-African early fund and a Chari backer.

Recent Activity: Backed Chari's Series A round

LinkedIn: P1 Ventures on LinkedIn

Sector Focus: Ecommerce, tech

Stage Focus: Pre-seed, seed

Check Size: USD 100K-1M

Location: Pan-African

Website: p1.vc

8. Janngo Capital

A pan-African VC backing marketplaces and commerce.

Recent Activity: Closed a $78M gender-equal Africa fund

LinkedIn: Janngo Capital on LinkedIn

Sector Focus: Marketplace, commerce

Stage Focus: Seed, Series A

Check Size: EUR 50K-5M

Location: Abidjan and Paris

Website: janngo.africa

9. Partech

A global VC with a large dedicated Africa fund.

Recent Activity: Runs a $323M Africa fund backing commerce

LinkedIn: Partech on LinkedIn

Sector Focus: Ecommerce, tech

Stage Focus: Seed, growth

Check Size: Seed-growth

Location: Paris and Dakar

Website: partechpartners.com

10. AfricInvest

A major African investor active in consumer deals.

Recent Activity: Backs consumer and commerce across Africa

LinkedIn: AfricInvest on LinkedIn

Sector Focus: Consumer, commerce

Stage Focus: Growth

Check Size: Growth

Location: Tunis and Africa

Website: africinvest.com

11. Plug and Play

A global early-stage fund and a Chari backer.

Recent Activity: Backed Chari's Series A round

LinkedIn: Plug and Play on LinkedIn

Sector Focus: Ecommerce, tech

Stage Focus: Pre-seed, seed

Check Size: Early-stage

Location: Sunnyvale and global

Website: plugandplaytechcenter.com

Informal retail is the prize

Most Moroccan retail still runs through corner shops. Chari and its rivals are digitising that whole base.

B2B commerce here means supplying those tiny stores. Order, deliver and lend, all from one merchant app.

That market is large, sticky and mostly still offline. Investors really love the size of the opportunity here.

Track who reads your deck with proper document tools. Even the smallest shops need clean diligence habits.

Logistics makes or breaks you

In ecommerce, logistics quietly decides who really wins. Late or costly delivery kills your thin margin fast.

Casablanca has ports, roads and dense urban demand. That makes same-day delivery quite realistic for you.

Investors check your delivery cost on every order. Show it falling as your order volumes steadily climb.

Share your data safely with proper secure file sharing. Ellty keeps every commerce file in one secure place.

Sell across Francophone Africa

The real prize is all of Francophone Africa, not Morocco. Senegal, Ivory Coast and Tunisia all look similar.

Investors back teams that can cross borders early. A single-country plan rarely wins you a growth round.

Control access with granular permissions per fund. Ellty sets the view and download rights per investor.

Prep nice and early with our full due diligence guide. Ready teams win investor trust a great deal faster.

How to pitch an ecommerce investor

Open with the size of the retail market.

  1. 1.
    Open with the size of the retail market.
    Show how much of it is still offline today.
  2. 2.
    Prove repeat orders and your gross margin.
    Share cohorts and your delivery cost trend.
  3. 3.
    Show a clear path to positive unit economics.
    Name the order volume where you break even.
  4. 4.
    Map your plan to cross African borders.
    Name the next two markets and the timing.
  5. 5.
    Send one Ellty link to your full deck.
    See which fund reads it to the very end.

How Ellty helps you land an ecommerce investor in Casablanca

Your Casablanca commerce list is ready. Open a data room before the first call.

  1. 1.
    Upload your deck, cohorts and unit economics.
    Keep every commerce file in one room.
    Upload file in data room
  2. 2.
    Send each fund a unique tracked link.
    Set view and download rights per fund.
    Set permissions data room
  3. 3.
    Watch opens and follow up on time.
    Chase the funds that read it all.
    Analytics data room
Start free 14-day trial

Casablanca ecommerce fundraising questions

Who funds ecommerce in Casablanca?
Local funds like MNF and Outlierz. Plus global VCs.
How big are the cheques?
Often $100K to $2M at seed. Growth funds add more.
Is Chari really that big?
Yes, it raised $23M total. It leads B2B commerce.
What do ecommerce VCs want?
Repeat orders and real gross margin.
Should I expand abroad?
Yes, Francophone Africa is the real prize.
When do I open a data room?
Before your first investor call. Track who reads it.

Author

Internal team behind the product.

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