Led · Seed · Feb 2026

WafR operates a platform that digitises sales and bill payments through a network of nearly 20,000 active corner stores or 'hanouts' in Morocco. The company converts these merchants into distribution points aimed at improving financial inclusion. Its roadmap includes expanding services to enable peer-to-peer transfers and nationwide remittances. WafR has demonstrated traction through its broad merchant network and has secured a $4 million seed round to support growth. The company’s funding and expansion efforts are supported by LoftyInc Capital, whose Alpha Fund targets startups with proven traction but constrained access to growth capital.

Participated · Seed · Sep 2025

Nucleon Security designs and deploys automated, intelligent cybersecurity solutions based on agentic AI, with a platform that spans the full defense cycle. Its product suite includes a Zero Trust endpoint detection and response (EDR) system, a sovereign managed detection and response (MDR) service, Malprob AI for advanced malware analysis, and ScorX for alert prioritization. The company already supports over 100 clients across Africa, including organizations in Tunisia, Côte d’Ivoire, Burkina Faso, Nigeria, and Madagascar. Founded in 2019 in Morocco, Nucleon aims to industrialise its agentic AI Zero Trust platform and make proactive cybersecurity accessible across the continent. The firm plans to use new capital to accelerate international expansion and deepen R&D on its Zero Trust solutions. The company positions its automation as a response to a chronic shortage of cybersecurity professionals and rising global cybercrime costs cited in the article.

Participated · Seed · Dec 2023

Mtor operates a B2B online marketplace and mechanic-facing app that connects local workshops and service providers directly with parts importers, managing logistics from its two warehouses in Cairo and Giza. The platform addresses fitment data, parts availability, price transparency and delivery, and runs on a margin model with standardized pricing and free delivery. Mtor has served more than 2,500 workshops, fulfilled over 70,000 orders, and partnered with over 60 importers since launching. The startup leverages a visual and voice interface plus a fitment and parts-matching engine to reduce mechanics' search time and improve part quality. Egypt’s automotive after-sales market — valued at over $5 billion with an 8 million vehicle fleet and average owner spend of $600+ annually across ~35,000 workshops — is the target opportunity. Mtor has made recent leadership and operational hires and plans to double down on attracting mechanics monthly and strengthen partnerships with major importers using the new investment.

Participated · Seed · Aug 2023

EMTECH provides software, data and services that connect central banks to other regulators and financial services providers, with platforms that power regulatory data exchange, compliance, supervision, currency issuance and currency movement. Its offerings focus on digital cash, regulatory sandboxes, compliance, accelerating payments and settlement times, and driving financial inclusion. The company is founded and led by Carmelle Cadet, a former IBM Blockchain executive. EMTECH aims to help central banks modernize payments systems, enhance supervisory capabilities, and develop infrastructure needed for tokenization and central bank digital currency. As part of a strategic partnership, Accenture will integrate EMTECH products into its core banking transformation services and EMTECH will join Accenture Ventures' Project Spotlight. Terms of the investment were not disclosed. Emtech develops central bank digital currency (CBDC) infrastructure and a CBDC Innovation Kit aimed at fintech platforms and financial service providers. The firm announced the launch of its CBDC Innovation Kit last month and says it will support experimentation with virtual-currency solutions backed by reserve banks. Emtech is continuing development of its CBDC technology stack alongside its Regtech offerings and plans to launch an initial version of a CBDC platform in late 2023, according to founder Carmelle Cadet. The company is headquartered in New York. Financially, Emtech announced a $4 million investment led by Matrix Partners India and said the latest round brings total investments to $10 million. The round included contributions from BTN, Equity Alliance, LoftyInc Capital and Vested and joins existing backers Noemis Ventures, Octerra Capital and 500 Global. Emtech provides a digital regulatory platform that includes an innovator’s center and a regulatory sandbox to help fintechs prepare, test, and integrate with multiple regulators. The platform supports pre-market technical integration via regulatory reporting APIs, live reporting of data, and cross-regulator collaboration to enable cross-border innovation and financial inclusion. After a pilot in Ghana, Emtech signed five agreements with central banks across Africa and the Caribbean and has moved into production. The startup raised $4 million in seed funding from a group of investors to support that expansion. Founder and CEO Carmelle Cadet launched the company in 2019 and says Emtech plans to be working with at least 10 central banks by the end of the year. Emtech also plans to introduce a CBDC platform for regulators, partnering with Hedera Hashgraph to build a high-performance, energy-efficient solution.

Participated · Seed · Nov 2022

Orda offers a cloud-based restaurant operating system that digitizes order management, inventory, recipe yields, kitchen display systems, accounting and integrations with food aggregators like Chowdeck, Bolt Food and Glovo. The two-year-old startup primarily serves small and medium-sized restaurants in Nigeria and Kenya, many of which previously relied on pen-and-paper processes. Orda’s platform works offline when connectivity is poor and supports tiered pricing plans (N1,000; N5,000; N20,000) for different feature sets. The company processes over 50,000 orders weekly for about 600 vendors, has seen GMV grow roughly 30% month-on-month, and reports revenue growth of 30% month-on-month with retention above 95%. Orda already processes payments for about 10% of its vendors and plans a major payments rollout by Q2 next year. The team has expanded leadership with hires including Afua Ahwoi (head of operations and strategy) and Modesola Osasomi (head of growth). Orda intends to use product expansion—particularly financial products for lending and payments—and geographic expansion (including South Africa and later Ivory Coast) to scale. Orda is a cloud-based restaurant operating system tailored for African chefs and food business owners, offering point-of-sale, inventory management, payments, logistics and analytics. The platform integrates orders from delivery services (Jumia Food, Glovo, Bolt Food), in-store, website and social channels like WhatsApp, and includes an ePos solution for low-connectivity areas. Orda targets small local restaurants that rely on pen-and-paper, aiming to reduce reconciliation time and provide analytics off the gate. The company charges restaurants $5–$50 per month and reports GMV growth of 15% week-on-week, processes up to 10,000 transactions weekly, and says its growth rate doubles every three weeks. With its product roadmap it plans to build financial products (especially lending), move into payment processing, and expand white-label mobile apps for customers across Africa.