# Investors based in Casablanca (2026 list)

> 64 investors based in Casablanca, 6% active in the last 12 months. Led by Viveris Istithmar, WITAMAX, Outlierz Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-casablanca (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Casablanca

Updated 7 November 2026

Firms with an address in Casablanca. A head office is a fact about the firm; where it invests is on its own page.

[See all 64 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-casablanca)The top 25

**64** investors on the list No change this week

**5** cheques in 12 months Too few cheques to tell

**$2M** median round they joined *-75%* against the market median

**6%** wrote a cheque in 12 months

**9%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (4)

- 1 [Viveris Istithmar](https://millionrounds.com/fund/viveris-istithmar) dormant Investment firm · Morocco **9** **$6.4M** median round **Nov 2013** last seen
- 2 [WITAMAX](https://millionrounds.com/fund/witamax) *Deploying now* VC firm · Morocco **6** **$1.6M** median round **Apr 2026** last seen
- 3 [Outlierz Ventures](https://millionrounds.com/fund/outlierz-ventures) quiet VC firm · Morocco **4** **$5M** median round **Nov 2024** last seen
- 4 [First Circle Capital](https://millionrounds.com/fund/first-circle-capital) *Deploying now* VC firm · Morocco **3** **$2M** median round **Feb 2026** last seen
- 5 [Maroc Numeric Fund](https://millionrounds.com/fund/maroc-numeric-fund) *Deploying now* VC firm · Morocco **3** **$1.4M** median round **Apr 2026** last seen
- 6 [Afri Mobility](https://millionrounds.com/fund/afri-mobility) quiet Corporate VC · Morocco **1** **$12M** median round **Oct 2025** last seen
- 7 [Africa50](https://millionrounds.com/fund/africa50) quiet Private equity · Morocco **1** **$42M** median round **Oct 2024** last seen
- 8 [Azur Innovation Management](https://millionrounds.com/fund/azur-innovation-management) *Deploying now* VC firm · Morocco **1** **$1.6M** median round **Apr 2026** last seen
- 9 [Kalys Ventures](https://millionrounds.com/fund/kalys-ventures) quiet VC firm · Morocco **1** **$1.1M** median round **Dec 2024** last seen
- 10 [212Founders](https://millionrounds.com/fund/212-founders) unknown Accelerator · Morocco **none observed** **-** median round **-** last seen
- 11 [A-Rock Invest](https://millionrounds.com/fund/a-rock-invest) unknown Investment firm · Morocco **none observed** **-** median round **-** last seen
- 12 [AL MANAR - HOLDING](https://millionrounds.com/fund/al-manar-holding) unknown Investment bank · Morocco **none observed** **-** median round **-** last seen
- 13 [ALMAMED](https://millionrounds.com/fund/almamed) unknown Investment firm · Morocco **none observed** **-** median round **-** last seen
- 14 [ALX Ventures Morocco](https://millionrounds.com/fund/alx-ventures-morocco) unknown VC firm · Morocco **none observed** **-** median round **-** last seen
- 15 [Al Ajial Holding](https://millionrounds.com/fund/al-ajial-holding) unknown Company · Morocco **none observed** **-** median round **-** last seen
- 16 [Angels4Africa](https://millionrounds.com/fund/angels4africa) unknown Investment firm · Morocco **none observed** **-** median round **-** last seen
- 17 [Azur Partners](https://millionrounds.com/fund/azur-partners) unknown VC firm · Morocco **none observed** **-** median round **-** last seen
- 18 [BMCE Capital](https://millionrounds.com/fund/bmce-capital) unknown Investment bank · Morocco **none observed** **-** median round **-** last seen
- 19 [Bank Of Africa](https://millionrounds.com/fund/bank-of-africa) unknown Morocco **none observed** **-** median round **-** last seen
- 20 [Bouygues Immobilier](https://millionrounds.com/fund/bouygues-immobilier) unknown Morocco **none observed** **-** median round **-** last seen
- 21 [CDG Capital Private Equity](https://millionrounds.com/fund/cdg-capital-private-equity) unknown Private equity · Morocco **none observed** **-** median round **-** last seen
- 22 [CDG Invest Growth](https://millionrounds.com/fund/cdg-invest-growth) unknown Private equity · Morocco **none observed** **-** median round **-** last seen
- 23 [CIH BANK](https://millionrounds.com/fund/cih-bank) unknown Morocco **none observed** **-** median round **-** last seen
- 24 [CKM CKP Accelerator](https://millionrounds.com/fund/ckm-ckp-accelerator) unknown Accelerator · Morocco **none observed** **-** median round **-** last seen
- 25 [Capital Trust](https://millionrounds.com/fund/capital-trust) unknown Investment bank · Morocco **none observed** **-** median round **-** last seen

**39 more on this list**

All 64 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-casablanca)

## The Newest Cheques

Rounds this list's investors joined most recently

- **13** Apr **[Zsystems](https://millionrounds.com/company/zsystems)** Seed · $1.6M *Led by* [Azur Innovation Management](https://millionrounds.com/fund/azur-innovation-management)
- **25** Feb **[WafR](https://millionrounds.com/company/wafr)** Seed · $4M *With* [First Circle Capital](https://millionrounds.com/fund/first-circle-capital)
- **28** Jan **[Enakl](https://millionrounds.com/company/enakl)** Seed · $2.3M *With* [WITAMAX](https://millionrounds.com/fund/witamax)
- **16** Oct **[Chari](https://millionrounds.com/company/chari)** Series A · $12M *With* [Afri Mobility](https://millionrounds.com/fund/afri-mobility)
- **7** Aug **[TurnStay](https://millionrounds.com/company/turnstay)** Seed · $2M *Led by* [First Circle Capital](https://millionrounds.com/fund/first-circle-capital)
- **11** Mar **[ORA Technologies](https://millionrounds.com/company/ora-technologies)** Pre-seed · $1.9M *Led by* [WITAMAX](https://millionrounds.com/fund/witamax)

## Stages This Year

3 rounds

- Seed **100%**

## What They Backed

Sectors, last 12 months

- Retail **2**
- B2B **1**
- E-commerce **1**
- Fintech **1**
- Logistics **1**
- Marketplaces **1**

## Cheques by Quarter

Led Joined

1 Q1 25

Q2 25

1 Q3 25

1 Q4 25

2 Q1 26

3 Q2 26

Q3 26

Q4 26

The last bar is the quarter still running.

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[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Casablanca

### Who are the most active investors based in Casablanca?

By cheques observed, the most active are Viveris Istithmar, WITAMAX, Outlierz Ventures, First Circle Capital and Maroc Numeric Fund.

### How many investors based in Casablanca are there?

64 are on record. 6% made an investment in the last 12 months and 9% have led a round.

### Which stages do investors based in Casablanca back?

Of the rounds with a named stage in the last 12 months, mostly Seed (100%).

### How big are the rounds investors based in Casablanca join?

The typical (median) round among the leading investors here is $2M.

### Which sectors do investors based in Casablanca back most?

In the last 12 months, mostly Retail, B2B and E-commerce.

### Which investors based in Casablanca lead the most rounds?

WITAMAX (2 led), First Circle Capital (2 led) and Maroc Numeric Fund (1 led).

### What have investors based in Casablanca invested in recently?

Recent rounds include Zsystems (Seed, Apr 2026, with Azur Innovation Management), WafR (Seed, Feb 2026, with First Circle Capital) and Enakl (Seed, Jan 2026, with WITAMAX).

### How is this list of investors based in Casablanca ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
