ORA Technologies has secured $1.9 million in pre-Series A funding led by Witamax and Azur Innovation Management to expand Morocco’s tech ecosystem. The funds will enhance their offerings, including ORA Cash and KooulMaroc.
Mar 12, 2025•5 months ago
Amount Raised
$1.9 Million
Round Type
pre-series a
Investors
Azur Innovation ManagementWitamax
Description
Moroccan superapp developer ORA Technologies has secured $1.9 million in pre-Series A funding. This investment pushes the company’s total funding to $4.4 million since its 2023 launch. The fresh capital comes exclusively from Moroccan investors, signaling confidence in local tech ventures. The funds will be used to expand two flagship offerings: ORA Cash and KooulMaroc.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers