Participated · Seed · Sep 2023

Cypherleak offers a domain-only cyber risk monitoring and scoring platform that detects leaked passwords and information on the public web and dark web. Its solution maps customers' attack surface and identifies infrastructure vulnerabilities without requiring extensive cybersecurity technical expertise. The product uses machine learning and risk models to produce customized security ratings based on multiple cyber risk factors tailored to each customer. The company has sold subscriptions to over 1,000 corporate end-users across Europe and the MENA region, focusing on SMEs often priced out of enterprise cybersecurity products. Cypherleak plans to expand across the Middle East and Africa, operates a Middle East regional office at Hub71 in Abu Dhabi, and is opening an African regional office in Morocco. The company is led by founder and CEO Mohamed Amine Belarbi and its holding company is registered in Delaware. Financially, it recently closed a US$750K seed round to support regional expansion.

Led · Equity · Nov 2022

YallaXash is a remittance-focused fintech that enables senders to top up an app account and transfer money to recipients via cash, mobile wallet, or bank transfer. The app is free on Android and iOS; withdrawal fees start from $0.99 and cash/mobile wallet payouts are available in about 30 seconds, with bank transfers delivered within 48 hours. The company has built a multi-channel network of more than 12,000 physical points through partners (Chaabi Cash, Barid Cash, Damane Cash and Proxicash/Atlantique Cash), plus partner bank branches and the Chaabi Pay wallet. YallaXash expanded its corridor coverage to Côte d’Ivoire and Senegal through partner ATPS (Proximo and Atlantique Cash), which has over 10,000 distribution points in West Africa, and plans to integrate ATPS’s Niger and Mali networks. The expansion allows customers in North America to send funds to West Africa in addition to Morocco, which YallaXash has served since 2019. MNF II has provided funding to support this growth, including earlier and follow-on investments. Yalla Xash provides a mobile-first remittance solution that connects senders in the diaspora with recipients in Morocco. Founded in 2017 by Emir Lallouche and Cedric Tamavond, the company operates offices in Morocco, Canada, and the United States. Its app handles the full sender experience and removes multiple middlemen, and its services are offered as App to Cash, App to Prepaid Card, and App to Bank Account. Today Yalla Xash operates along the North America–Morocco corridor and aims to add additional corridors in the coming months. The company emphasizes low-cost, faster transfers and positions its product as having significant societal impact for international residents supporting families back home. Yalla Xash recently raised capital to fund expansion beyond its current corridor.

Led · Equity · Jul 2022

Aza Petrosolutions designs technological solutions and smart, connected objects dedicated to the oil distribution industry. Its platform provides a full monitoring solution that eliminates traditional reconciliation methods and incorporates an automated system for managing refueling and distribution operations. The company also enables mobile payment at service stations to modernize on-site transactions. Aza was founded in 2020 and is based in Agadir; its founders are Zakaria Azemzi, Fatima Ezzahra Azemzi and Abdelaziz Elaiachi. The startup recently completed a fundraising that provides capital to support its development and product deployment. No revenue or user metrics are disclosed in the article.

Led · Equity · Jul 2020

Koolskools is a collaborative educational platform that digitalizes teaching and school-administration processes, including interactive lessons and exercises, a content bank, live lessons, skills monitoring, remediation, student files, attendance, report cards, and payment management. Published by EdAll and founded in 2020, the company aims to become a key player in the digitalization of education in Morocco and abroad. Since launch it has grown to collaborate with more than 110 schools and serve over 70,000 students. The company completed a second fundraising of 10 million Dirhams (~US$1M) in 2023 to consolidate its national presence and initiate international development. Proceeds will be used to acquire human, technical, marketing, and commercial resources to support its growth strategy. Koolskools emphasizes broadening access to quality educational content and close monitoring regardless of students' social level. KoolSkools is an education-technology company operating from Casablanca that targets schools and students. The startup will deploy new capital to develop its platform and expand both regionally and globally. Management plans to use the funding to acquire technical, marketing, and commercial resources. The article does not disclose product-specific metrics or revenue figures. The reported raise signals initial institutional backing from Maroc Numeric Fund II alongside an individual angel. The round totals MAD 4 million (about $400K).