ORA Technologies, a Moroccan e-commerce company, has raised $7.5 million in a Series A funding round, fully backed by a group of local investors led by Azur Innovation Fund.
The company plans to use the funds to expand its delivery network, enhance logistics efficiency, and accelerate the adoption of its digital payment solutions.
ORA Technologies aims to become the leading mobile payment service provider in Morocco, by offering practical solutions tailored to real user needs.
Omar Alaoui, Founder and CEO of ORA Technologies, commented that the funding signals “the maturity of the local investment ecosystem and growing confidence in high-potential startup models.”
Founded with a mission to build last-mile digital infrastructure, ORA Technologies has attracted users through two flagship services:
- Kooul: A fast-growing food delivery app operating in multiple Moroccan cities.
- ORA Cash: A digital wallet used for online payments and fund collection, supporting the country’s e-commerce growth.
