Morocco has firmly positioned itself as a rising tech hub in the Middle East and North Africa after climbing to fourth place in regional startup funding rankings in July 2025.
The North African country surpassed Egypt, highlighting its growing potential as an emerging center for innovation and investment.
According to Morocco World News, the leap was driven by a $7.5 million funding round secured by Ora Technologies.
While modest compared to larger regional deals, the round was enough to push Morocco into the MENA top five in the rankings compiled by Wamda platform and Digital Digest magazine.
Egypt slipped down the list amid ongoing macroeconomic pressures and currency instability.
The move underscores Morocco’s appeal to both regional and international investors, particularly in technology sectors with high growth prospects.
The Ora deal also marked a shift in perception, signaling that Morocco is no longer on the sidelines but actively competing for substantial investment.
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July was a record month for MENA startup funding, with 57 companies raising a combined $783 million, a 1,411% surge from June and more than double the amount recorded a year earlier.
Two mega-deals accounted for 56% of the total: e-commerce company Ninja and deeptech firm XPANCEO.
Saudi Arabia retained its lead with $396.5 million raised across 16 startups, followed by the UAE with $359 million spread across 22 deals.
Iraq took third place with a surprising $15 million round for InstaBank. Morocco came in fourth, while Egypt dropped to fifth with just $4 million raised across seven startups.
Seven months into 2025, startup funding across the region has already surpassed the full-year 2024 total, confirming both the ecosystem’s maturity and the diversification of investment beyond traditional hubs.
The rise of markets like Morocco and Iraq highlights investors’ shifting priorities as they weigh immediate scalability against long-term potential.
Morocco’s top-five ranking shows its growing integration into this rapidly expanding ecosystem, which has also earned the country a place among the top 10 African startup ecosystems in the Global Startup Ecosystem Index 2025.
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