Witamax
About Witamax
Witamax is a Moroccan venture capital firm established in 2020, focusing on seed and pre-seed investments. The firm operates with a 'smart capital' approach, blending private investment with strategic advisory to support early-stage startups in Morocco. Witamax is managed by Wita Ventures, a joint initiative with Southbridge A&I strategic advisory firm and Axxam Family Office. The firm's investment strategy targets sectors such as software, information technology, B2B, healthcare, fintech, e-commerce, and logistics. Witamax has been actively involved in supporting startups like ORA Technologies, a superapp offering digital services, and Talaty, a fintech company providing instant lending solutions for SMEs. The firm typically invests between $200,000 and $400,000 in its portfolio companies. Witamax's mission is to foster innovation and entrepreneurship in Morocco by providing early-stage companies with the necessary capital and strategic guidance to scale their operations and achieve regional and international growth. The firm's focus on 'smart capital' aims to create sustainable value and strengthen Morocco's position in the global market.
Investment Mandate
Asset Classes1
Geographical Focus
Requirements
Innovative business models, Scalable operations, Strong management teams, Potential for regional or international expansion
Stated Portfolio4
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