212Founders

212Founders is a startup accelerator and venture capital fund based in Casablanca, Morocco, that provides financial support and operational mentorship to early-stage technology companies across the African continent. Fully funded by CDG Invest, the state-owned investment branch of Morocco's Caisse de Dépôt et de Gestion, the firm has completed 99 investments with an average round size of $2.36 million. The program typically deploys seed funding of up to 3 million dirhams and Series A capital of up to 10 million dirhams in exchange for minority equity stakes in its participating companies. Its active portfolio includes software, logistics, and mobility startups such as Crealo and VelyVelo. The fund also backed KIFAL Auto, which achieved a successful exit through an acquisition by Autochek in 2022. 212Founders was officially launched in September 2019 by CDG Invest.