About Afrimobility
Afrimobility is a venture capital firm founded in 2021. It is primarily based out of Casablanca, Morocco. As of Oct 2025, Afrimobility has invested in 20 companies. It primarily invests in Seed round in Morocco based startups. Its investments are spread across a wide range of sectors from Consumer to Transportation and Logistics Tech and Auto Tech. Most recently it participated in the $***** Series A round of Chari Overall, Afrimobility portfolio has seen 1 IPO and 4 acquisitions including key companies like CoinAfrique, CATHEDIS and Hatla2ee. A lot of funds co-invest with Afrimobility, with names like Akwa Group sharing a substantial percentage of its portfolio. Afrimobility has team of 5 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
Afrimobility's List of Top Investments
Afrimobility has a portfolio of 20 companies. Their most notable investments are in CloudFret and CloudFret.Their portfolio spans across France, Morocco, Belgium and 4 more locations. They have invested in Consumer, Transportation and Logistics Tech, Auto Tech and 10 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Afrimobility:1. Spot Angels
Find free parking, street rules, and garage deals with ease. This is a tech company with a mobile app designed to simplify parking. It is a B2C business model. The app helps drivers find parking options, understand street parking rules, and discover garage deals. Core features include parking location reminders to avoid tickets. Users can pay meters in select cities and book parking at partner locations. The app offers a free version and a premium subscription with exclusive discounts and features. It fosters a community through platforms like Discord, enabling users to connect and share parking insights. The goal is to alleviate parking frustrations and save users money.
Key facts about Spot Angels
- Founded Year: 2014
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $2.42M
- Employee Count: 9 as on Aug 31, 2026
- Investors: Kima Ventures, Afrimobility and 7 Others
- Latest Funding Round: Series A, Jul 24, 2018, $*****
- Highlight: Editors' Pick
Developer of technology for people with high light sensitivity and ocular disorders. The company has developed an active light management system, embedded inside a contact lens. It helps in the treatment of iris deficiencies, high order aberrations, light sensitivity, and photophobia.
Key facts about Azalea Vision
- Founded Year: 2018
- Location: Ghent (Belgium)
- Stage: Series A
- Total Funding till date: $25.4M
- Employee Count: 21 as on Aug 31, 2026
- Investors: VLAIO, Afrimobility and 4 Others
- Latest Funding Round: Series A, Jul 01, 2026, $*****
- Highlight: Editors' Pick
3. Chari
B2B e-commerce platform offering multi-category products. The product catalog includes baby care products, groceries, personal care products, and more. The company offers mobile application available for Android and iOS users.
Key facts about Chari
4. CoinAfrique
CoinAfrique is an app-based platform for pre-owned products. Users can register on company's platform to post ads along with the product specifications and contact details. Products listed are electronic gadgets, vehicles, apparels, pet supplies, and others. The mobile application is available for iOS and Android.
Key facts about CoinAfrique
- Founded Year: 2014
- Location: Dakar (Senegal)
- Stage: Acquired
- Total Funding till date: $3.09M
- Employee Count: 31 as on Aug 31, 2026
- Investors: Additio Ventures, INSEAD Alumni France Ventures and 8 Others
- Latest Funding Round: Series A, Nov 14, 2018, $*****
- Highlight: Acquired
5. CATHEDIS
Key facts about CATHEDIS
- Founded Year: 2015
- Location: Casablanca (Morocco)
- Stage: Acquired
- Total Funding till date: $1.55M
- Employee Count: 103 as on Aug 31, 2026
- Investors: CDG Capital Private Equity, Afrimobility and 3 Others
- Latest Funding Round: Seed, Oct 30, 2024, $*****
- Highlight: Acquired
Afrimobility's Year-on-Year Investment Trends
Afrimobility has invested in 20 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Azalea Vision and most recent follow-on round was in Chari.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 1 | 2 |
2024 | 0 | 0 | 0 |
2023 | 4 | 1 | 5 |
2022 | 2 | 0 | 2 |
2021 | 1 | 0 | 1 |
Afrimobility's Investments by Stage
Afrimobility has made 6 investments in Seed stage with an average round size of $1.08M and 2 investments in Series A stage with an average round size of $7.4M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 2 |
Note: We have considered here, only first round of investments
Afrimobility's Investments by Sector
Afrimobility has a diverse portfolio, with companies operating in the Consumer, Transportation and Logistics Tech, Auto Tech, Enterprise Applications and Travel and Hospitality Tech. Notably, it has invested in 17 Tech companies, 10 Enterprise (B2B) companies, 9 Consumer (B2C) companies and at least 8 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 5 |
Transportation and Logistics Tech | 5 |
Auto Tech | 3 |
Enterprise Applications | 3 |
Travel and Hospitality Tech | 3 |
Others | 15 |
Note: We have considered here, only first round of investments
Afrimobility's Investments by Geography
Afrimobility has made most investments in Morocco (4), followed by France where it has made 3 investments.Country | No. of Investments |
|---|---|
Morocco | 4 |
France | 3 |
Belgium | 1 |
Note: We have considered here, only first round of investments
Afrimobility's recent investments
Afrimobility has not made any investment in 2026 so far.Here are the most recent investments by Afrimobility:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 15, 2025 | Morocco | Series A | 5738 | [+18] | |
Apr 29, 2025 | Belgium | Series A | 3167 | ||
Dec 07, 2023 | France | Seed | 6909 | ||
Nov 12, 2023 | France | Seed | 2538 | ||
Mar 16, 2023 | Morocco | Seed | 8847 |
IPOs and Publicly Listed companies in Afrimobility's Portfolio
1 of Afrimobility's portfolio company became public - Lyko. It got listed on the Stockholm Stock Exchange (STO), in Dec 2017.Here are Afrimobility's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 15, 2017 | - | - | 9261 |
Acquired companies in Afrimobility's Portfolio
4 companies from Afrimobility's portfolio have been acquired. The most recent acquisition was CATHEDIS in Sep 2025 by ORA for $*****.Here are Afrimobility's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 11, 2025 | Jan 22, 2023 | Seed | 7900 | |
Feb 19, 2025 | - | - | 7696 | |
Jul 06, 2022 | - | - | 4524 | |
May 18, 2022 | - | - | 9744 |
Team profile of Afrimobility
Afrimobility has a team of 5 members including 1 Partner and 1 Principal located in Morocco. Afrimobility's team does not sit on the board of any company as of now.Co-investors of Afrimobility
Over the past 5 years, 52 investors have co-invested in Afrimobility's portfolio companies. This includes funds and angels.
- Invested before Afrimobility: VLAIO, Elaia and 18 others have invested in rounds before Afrimobility. There is 1 company where VLAIO has invested before Afrimobility and 1 company where Elaia has invested before Afrimobility.
- Top Co-investors of Afrimobility: 16 investors entered a company along with Afrimobility. These include investors like Akwa Group (2 companies).
- Invested after Afrimobility: A total of 16 investors have invested in Afrimobility's portfolio after their investments. Top Investors include Beltone (2 companies), Europa (1 company) and Endeavor (1 company).
Recent News related to Afrimobility
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DisrupTech Ventures Invests in Chari, Expands Fintech Footprint Beyond EgyptLAFFAZ•Nov 05, 2025•H&S Invest Holding, Afrimobility, DisrupTech, Axian and 17 others
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Tech startup Lyko raises €1.4m to accelerate its international expansionAngel News•Dec 15, 2023•Lyko, Afrimobility, Bpifrance, Credit Mutuel and 4 others
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Moroccan CloudFret Secures €2 Million in Funding to Revolutionize Transport LogisticsInnovation-village•Nov 12, 2023•CloudFret, Afrimobility, Azur Innovation Management.
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Cathedis, Morocco’s e-logistics startup, raises $735K in a pre-series A roundWAYA Media•Jan 22, 2023•CATHEDIS, Afrimobility, CDG Capital Private Equity, Akwa Group
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Morocco’s Cloudfret raises $1 million to back expansionexplode.africa•May 27, 2022•CloudFret, Afrimobility, Azur Partners, Plug and Play Tech Center and 1 other
