Seed funds backing Casablanca startups in 2026

14 June 2026·6 min read

Seed rounds in Casablanca closed faster in 2026. Al Mada backed WafR. Outlierz and MNF keep writing first cheques. Global funds are co-investing too. Here are 12 seed investors funding Casablanca startups in 2026.

Seed is where Casablanca founders stop guessing and start scaling. You raise it once you have a product and some real traction.

Local funds lead most early rounds here, then global names follow. In 2026 the cheques got bigger and the process got faster.

You will run this round across ten or more funds at once. Ellty keeps your seed deck behind one link you can track.

Most will ask for a data room before the second call. Build it once in Ellty and reuse it for every fund.

TypeCheck sizeSector focusWebsite
Maroc Numeric Fund (MNF Ventures)Seed VC (Casablanca)USD 100K-1MFintech, SaaS, edtechmnf.ma
Outlierz VenturesSeed VC (Casablanca)USD 150K-1MFintech, logistics, SaaSoutlierz.co
UM6P VenturesSeed VC (Casablanca)USD 100K-1MDeep tech, agritech, AIum6pventures.com
Al Mada VenturesSeed VC (Casablanca)USD 250K-2MFintech, logistics, energyalmadaventures.com
212 Founders (CDG Invest)Accelerator (Casablanca)Up to USD 1MSector-agnostic212founders.co
Kalys VenturesSeed VCUSD 50K-500KSaaS, cleantechkalysventures.com
Azur Innovation FundSeed fund (Casablanca)USD 200K-2MHealthtech, agritechtamwilcom.ma
WitamaxSeed VC (Casablanca)USD 100K-1MTech startupsinnovinvest.ma
P1 VenturesSeed VC (pan-African)USD 250K-1MAI, fintech, softwarep1ventures.com
PartechVC (global)Seed-growthFintech, techpartechpartners.com
Janngo CapitalVC (pan-African)EUR 50K-5MFintech, marketplacejanngo.africa
Catalyst FundVC (pan-African)USD 100K-200KFintech, climatethecatalystfund.com

Run your seed round from one link

Ellty shows which fund opened your deck and read it through.

Start free 14-day trial

What a seed fund backs

A seed fund backs a product that real users already want. They want proof, not just a deck full of promises.

Most look for early revenue or strong, steady usage. They check your team, your market and your burn rate.

They often lead or co-lead and then take a board seat. Expect real diligence before any term sheet appears.

See our Casablanca angel investors list for earlier cheques. Ellty shows which fund opened your deck and where they stopped.

$4M
WafR seed round
Co-led by LoftyInc and Attijariwafa in Feb 2026
$48M
Nuitee Series A
The largest round ever by a Moroccan startup
40
Moroccan deals in 2024
Nearly triple the deal count of a year before
$270M
New fund-of-funds for 2026
Deployed through nine selected VC managers
We back visionary founders early and help them scale ideas built for Africa and the world.
Omar Laalej, Managing Director, Al Mada Ventures, Casablanca

12 Casablanca seed investors

1. Maroc Numeric Fund (MNF Ventures)

Casablanca's veteran tech fund, still leading seed rounds.

Recent Activity: Backs seed and Series A across fintech and SaaS

LinkedIn: MNF Ventures on LinkedIn

Sector Focus: Fintech, SaaS, edtech

Stage Focus: Seed, Series A

Check Size: USD 100K-1M

Location: Casablanca, Morocco

Website: mnf.ma

2. Outlierz Ventures

A Casablanca seed fund backing pan-African startups.

Recent Activity: Joined a $5M seed-plus for Socium in 2025

LinkedIn: Outlierz Ventures on LinkedIn

Sector Focus: Fintech, logistics, SaaS

Stage Focus: Seed, pre-Series A

Check Size: USD 150K-1M

Location: Casablanca, Morocco

Website: outlierz.co

3. UM6P Ventures

A university-backed fund for 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 100K-1M

Location: Ben Guerir and Casablanca

Website: um6pventures.com

4. Al Mada Ventures

A $110M fund that co-led WafR's seed round in 2026.

Recent Activity: Co-led WafR's $4M seed round in February 2026

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: almadaventures.com

5. 212 Founders (CDG Invest)

CDG Invest's accelerator funding 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

See which fund reads your deck

Ellty logs every open and page. Chase the keen funds first.

Start free 14-day trial

6. Kalys Ventures

A pre-seed and seed fund backing African SaaS teams.

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-500K

Location: Casablanca and Paris

Website: kalysventures.com

7. Azur Innovation Fund

A Casablanca fund for healthtech and agritech seeds.

Recent Activity: Backed DataPathology, KWIKS and Agenz

LinkedIn: Azur Innovation on LinkedIn

Sector Focus: Healthtech, agritech

Stage Focus: Seed, Series A

Check Size: USD 200K-2M

Location: Casablanca, Morocco

Website: tamwilcom.ma

8. 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

9. P1 Ventures

A pan-African 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

10. Partech

A global VC running a large dedicated Africa fund.

Recent Activity: Runs a $300M+ Africa fund backing seed to growth

LinkedIn: Partech on LinkedIn

Sector Focus: Fintech, tech

Stage Focus: Seed, growth

Check Size: Seed-growth

Location: Paris and Dakar

Website: partechpartners.com

11. Janngo Capital

A pan-African VC backing fintech and marketplaces.

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

LinkedIn: Janngo Capital on LinkedIn

Sector Focus: Fintech, marketplace

Stage Focus: Seed, Series A

Check Size: EUR 50K-5M

Location: Abidjan and Paris

Website: janngo.africa

12. Catalyst Fund

A pan-African fund backing early fintech founders.

Recent Activity: Backs pre-seed fintech and resilience tech

LinkedIn: Catalyst Fund on LinkedIn

Sector Focus: Fintech, climate

Stage Focus: Pre-seed

Check Size: USD 100K-200K

Location: Pan-African

Website: thecatalystfund.com

How big should your seed be

Most Casablanca seeds land between $500K and $3M. Raise for 18 months of runway, not for a headline.

Bigger is not better if it costs you half the company. Price the round on real traction, not on early hope.

Plan the next milestone before you name a number. Keep a live investor update flowing to backers.

Read our due diligence process guide before you raise. Ellty stores every version of your model in one room.

Local money vs global money

Local funds move first and know the Casablanca market. Global funds bring bigger cheques and harder terms.

Start with MNF, Outlierz and Al Mada Ventures for speed. Add Partech or Janngo once you can show real scale.

Capture inbound interest with a simple lead capture form. Treat each first call as the start of due diligence.

Our due diligence timeline shows what comes next. Share your room from one link with security built in.

Hit your seed milestones early

Seed money buys you proof, not a long victory lap. Spend it on growth, hiring and a clear next round.

Set three clear milestones the moment the cash lands. Report progress to your backers every single month.

Manage updates and approvals in board software early. Ellty logs which backer reads each update and when.

Clean reporting now makes your Series A far easier. Keep the data room live so diligence never stalls.

How to pitch a seed investor

Open with the traction you have right now.

  1. 1.
    Open with the traction you have right now.
    Lead with hard numbers, not just the vision.
  2. 2.
    Show a market big enough to back a fund.
    Seed funds need a path to a huge outcome.
  3. 3.
    Name the round size and your runway plan.
    Tie every dollar to a clear next milestone.
  4. 4.
    Prove your team can actually ship fast.
    Founders win seed rounds more than ideas do.
  5. 5.
    Send one Ellty link to your full data room.
    See which fund reads it all the way through.

How Ellty helps you land a seed investor in Casablanca

Your Casablanca seed list is ready to use. Open a data room before the first fund call.

  1. 1.
    Upload your deck, model and key metrics.
    Keep every seed file in one secure 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 first.
    Analytics data room
Start free 14-day trial

Seed fundraising in Casablanca

How much do Casablanca seeds raise?
Often $500K to $3M. Bigger rounds happen too.
Who leads seed rounds here?
Local funds like MNF and Al Mada. Then globals join.
What traction do funds want?
Early revenue or strong usage. A clear growth curve.
Do global VCs join seed rounds?
Yes, Partech and Janngo co-invest. They want scale.
How long does a seed round take?
Usually two to four months. Warm intros speed it up.

Author

Internal team behind the product.

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy.