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Key people at Maroc Numeric Fund II.
Maroc Numeric Fund II (MNF II) operates as a specialized venture capital fund, investing in innovative startups primarily within the digital technology sector. It also targets highly innovative areas such as biotechnology and greentech. The fund provides capital across seed, pre-Series A, and Series A stages, supporting companies with strong growth potential.
Launched in late 2018 under the Innov Invest initiative, MNF II was established with the backing of institutional shareholders. These include Tamwilcom, Attijariwafa Bank, Bank of Africa, Banque Populaire, and Technopark Morocco. This concerted effort cultivates Morocco's burgeoning startup ecosystem.
The fund serves technology startups based in Morocco or those with Moroccan founders operating internationally, providing investment for their expansion. MNF II's vision is to champion Moroccan innovation by financing and scaling these ventures, fostering a dynamic and competitive digital economy in the region.
Key people at Maroc Numeric Fund II.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 27, 2023 | Cypherleak | $750K Seed | — | Lars Gehrmann |
| Nov 24, 2022 | Yalla Xash | $370K Other Equity | Maroc Numeric Fund II | — |
| Jul 6, 2021 | Yalla Xash | $680K Series A | Dounia Boumehdi | — |
| Nov 13, 2020 | Atlan Space | $1.1M Series A | Dounia Boumehdi | — |
