• Ora Technologies secures its largest funding to date, led by Azur Innovation Fund

• Total capital raised reaches $11.9 million since its launch in January 2023

• Funds will boost food delivery platform KooulMaroc and mobile wallet Ora Cash

Moroccan start-up Ora Technologies announced yesterday that it has raised 75 million dirhams ($7.5 million) in a Series A funding round. This is the company’s largest fundraising to date and brings its total funding to $11.9 million since its launch in January 2023.

The round was fully backed by Moroccan investors, led by Azur Innovation Fund, a venture capital firm that supports early-stage start-ups. Three other strategic Moroccan investors also took part in the deal.

Ora plans to use the new capital to grow its services in two key areas: meal delivery and mobile payments. The company aims to expand KooulMaroc, its food delivery platform, which continues to see strong demand. It also wants to speed up adoption of Ora Cash, its mobile wallet, particularly among small merchants, online sellers, and everyday users.

The goal is to support greater financial inclusion in the country. “This 100% Made-in-Morocco fundraising shows our ecosystem is ready to back and grow its tech founders,” said Omar Alami, CEO of Ora Technologies.

Founded just two years ago, Ora raised its first $1 million in November 2023 from local private investors. It followed that with $1.5 million in March 2024 and $1.9 million in March 2025. The repeated backing signals strong confidence from Moroccan investors in the company’s team and growth potential.

This latest funding comes as Morocco’s food delivery market enters a new phase of competition. Both local and global players have been trying to gain a foothold. In June 2025, Uber Eats announced its return to the country after an earlier failed entry. Parent company Uber has since launched a hiring campaign to support the relaunch.

The rising competition is pushing local firms like Ora to secure their market position.