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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, 20255 months ago

Amount Raised

$1.9 Million

Round Type

pre-series a

CasablancaSoftwareInternetE Commerce

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.

Company Information

Company

ORA Technologies

Location

Casablanca, Casablanca - Settat, Morocco

About

ORA Technologies is a Moroccan Tech Company aiming to promote innovative e-commerce solutions to customers, vendors and service providers in Morocco.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers