Al Mada Innovation
Est. dry powder
$22.7M
Raised, not yet invested
AUM
—
Not reported
Latest fund
$113.3M
Evergreen
Est. cheque size
$1.1M–
From fund sizes
Deals, last 12 months
2
Last seen investing Sep 2026
About Al Mada Innovation
Al Mada Innovation is an African based venture capital firm. The firm focuses on investing in high-growth start-up companies operating across the financial services, healthcare, logistics, education, and renewable energy sectors, with a primary geographic focus on Morocco and the broader African market. Al Mada Innovation is the venture capital investment arm of Al Mada.
- Type
- Venture Capital Firm
- Headquarters
- Casablanca, Morocco
- Stages
- SeedSeries ASeries B
- Est. cheque size
- $1.1M–$5.7M
- Sectors
- Diversified, Financial & Insurance Services
- Regions
- Africa
- Strategies
- Pre-Seed, Seed, Series A, Growth
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series A2
- —1
- Seed1
- Series B1
Across 8 deals
Portfolio sectors
- Financial Services2
- Software2
- Agribusiness1
- Insurance1
- Renewable Energy1
Across 8 companies
Portfolio countries
- Morocco2
- US2
- Egypt1
- France1
- Singapore1
Across 8 companies
Recent investments
Newest 5 of 8
- Unspecified Round$27M
Odyssey Energy Solutions, Inc.
Sep 2026 · Unspecified Round
- Seed$8M
Checker
May 2026 · Seed
- Unspecified Round$13M
MoneyFellows Limited
May 2025 · Unspecified Round
- Series A$17.6M
Supercritical Solutions Limited
Mar 2025 · Series A
- Series B$15M
Gozem
Feb 2025 · Series B
Offices
1 location
- Casablanca, MoroccoHQ
Questions about Al Mada Innovation
How much does Al Mada Innovation invest per deal?
Based on the size of its funds, Al Mada Innovation writes estimated cheques of $1.1M–$5.7M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Al Mada Innovation invest in?
Al Mada Innovation has invested at Seed, Series A and Series B. Its most frequent rounds on record are Series A, — and Seed.
How much capital does Al Mada Innovation have left to invest?
Al Mada Innovation has an estimated $22.7M in dry powder: capital it has raised but not yet invested.