ORA Technologies and Azur Innovation Fund Unite for the Acquisition of Cathedis

This transaction represents the first consolidation operation among Moroccan startups, funded exclusively by local capital. It positions ORA Technologies as a central player in e-commerce and digital solutions in Morocco, offering a unique value proposition in the market. The acquisition confirms ORA's ambitious strategy to build an integrated digital ecosystem encompassing fintech, foodtech, and now e-commerce logistics. Founded in 2023 by Omar Alami, ORA Technologies has quickly established itself as one of the most dynamic scale-ups in the country. With the integration of Cathedis, ORA is deploying a unique digital model based on three strategic pillars: - Kooul, a delivery platform that reinvents Moroccan foodtech by promoting a fair economic equation for all operators (restaurants, delivery personnel, and customers). - ORA Cash, a universal mobile wallet that digitizes cash payment operations upon delivery and promotes financial inclusion. - Cathedis, a key player in last-mile logistics that strengthens the end-to-end e-commerce supply chain. ORA thus becomes the first Moroccan entity to master the entire e-commerce value chain, from digital payments to delivery, including data management and customer relations. “We are not just building applications; we are creating an infrastructure to make e-commerce accessible to everyone. Cathedis fully integrates into this vision of a sovereign, connected, and future-oriented digital Morocco,” explains Omar Alami, founder and CEO of ORA Technologies. This unprecedented "build-up" operation aims to create a national champion in e-commerce logistics. While Cathedis attracted significant interest from a foreign operator, ORA Technologies and Azur Innovation Fund chose to join forces to build a national champion in the e-commerce chain. For Azur Innovation Fund, this initiative illustrates the growing maturity of the Moroccan ecosystem: “This acquisition marks a turning point: Moroccan startups are no longer content to grow individually; they are consolidating their strengths to build national leaders. It is a sign of confidence, maturity, and digital sovereignty,” emphasizes a spokesperson for the fund. Beyond its symbolic value, this acquisition creates the first liquidity event among Moroccan startups—a first in the country. It sends a strong signal to investors and all tech stakeholders at a time when Morocco is increasingly attracting the attention of international funds, drawn by the country's stability and solid macroeconomic fundamentals. “All parties involved in this transaction contributed to making this historic rapprochement possible and beneficial for the credibility and liquidity of our ecosystem. This collective awareness will mark a major turning point for Moroccan startups,” adds Omar Alami. ORA is a 100% Moroccan success story. With over $12 million raised exclusively from Moroccan investors, ORA has achieved the largest fundraising ever conducted in the local market by a Moroccan startup. This ascent illustrates the rise of a new generation of Moroccan entrepreneurs, focused on sustainable, inclusive entrepreneurship and the technological sovereignty of the country. Its project, “E-Morocco for Everyone,” embodies a strong vision: to democratize access to digital solutions for all Moroccans while building local solutions that meet their needs. The acquisition of Cathedis signifies a new era for Moroccan tech: one of local consolidation and the rise of national champions. It proves that it is now possible in Morocco to create, finance, and grow innovative companies with 100% Moroccan capital while preserving their identity and local impact.