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Funds

MNF Ventures supports Moroccan innovation through two dedicated funds focused on financing and scaling technology startups.

2
Managed Funds
Launched in late 2018 under the Innov Invest initiative, Maroc Numeric Fund II (MNF II) counts Tamwilcom, Attijariwafa Bank, Bank of Africa, Banque Populaire, and Technopark Morocco among its shareholders.

Sector:

  • MNF II invests in innovative startups operating in the digital technology sector with strong growth potential.
  • MNF II may also invest in other highly innovative sectors such as biotechnology, greentech, and similar fields.
  • We do not consider projects primarily focused on e-commerce, distributors, importers, or training/technology consulting firms.
  • We also exclude projects competing with startups already in our portfolio.

Investment Tickets:

  • From 1 to 10 million MAD.

Stages:

  • Seed, Pre-Series A, and Series A.

Geography:

  • Startups headquartered in Morocco.
  • Startups based abroad where at least one founder is of Moroccan nationality.

Other Criteria:

  • The startup must be less than 5 years old at the time of investment.
Launched in 2010 as part of the Maroc Numeric 2013 strategy, Maroc Numeric Fund (MNF) is backed by Attijariwafa Bank, Bank of Africa, Banque Populaire, CDG Développement, and Technopark Morocco.
 

It has completed 17 investments in Moroccan tech startups operating in various sectors: SaaS, e-commerce, online media, cybersecurity, online services, gaming, greentech...

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