CASABLANCA, Morocco: Morocco-based super app ORA Technologies has extended its Series A funding round to $10 million after raising an additional $2 million from local investors, reinforcing its position as one of the country’s best-funded consumer technology startups.
The latest investment will be used to accelerate the expansion of KOUL, ORA Technologies’ food delivery platform, and ORA Cash, its digital wallet that enables e-commerce transactions and contactless payments across Morocco. The funding will also support the company’s growing last-mile logistics network and cash collection infrastructure.
Founded in 2023 by Omar Alami, ORA Technologies is developing an integrated consumer super app that combines food delivery, digital payments and digital commerce into a single platform, with the aim of digitising everyday commerce for consumers and merchants across Morocco.
According to the company, the entire $10 million Series A has been financed by Moroccan investors, making it one of the largest locally funded early-stage technology rounds in the country. The milestone highlights increasing confidence among domestic investors in Morocco’s startup ecosystem and signals the growing availability of local growth capital for technology companies.
With the fresh funding, ORA Technologies plans to further strengthen its market presence by expanding both KOUL and ORA Cash, while capitalising on the country’s rising demand for digital payments, e-commerce and food delivery services.
