Moroccan Retail-Tech Startup Z Raises $1.05 Million to Fuel Growth
The Moroccan B2B retail-tech startup, Z, has secured $1.05 million in funding from local venture capitalists to develop its technology, expand its product catalog, and prepare for its next phase of growth.
Since its inception, the startup has supported over 15,000 active retailers and processed more than 800,000 orders. The recent funding round, led by local investors MNF Ventures, Witamax, Cash Plus Ventures, and Kalys Ventures, will enable Z to further develop its technology, expand its product offerings, and prepare for its next phase of growth.
Samer Choumar, co-founder of the startup, stated that their vision is to empower small businesses and drive growth across Morocco and Africa.
