Moroccan logistics startup Colis.ma raises $300,000 to expand SME shipping solutions across Africa and Europe, using technology to enhance international shipping.
Moroccan logistical firm Colis.ma has finally closed a $300,000 pre-seed funding round from Witamax Venture Capital Company. The funding will help the startup to expand across Morocco, Europe, and Africa, starting with West Africa. The newly raised capital will enable Colis.ma to expand its operations across Morocco’s largest regions and enter six European countries.
More firmly established in cross border logistics solution Company established in 2022 by Issam Darui as the CEO of Colis.ma. The San Francisco-based startup claimed that it witnessed a rise in growth by five times and a 380 percent growth in Annual Recurring Revenue (ARR) in the past year. Translating over 50,000 parcels to over 55 destinations, Colis.ma targets both consumers and small to medium enterprises, especially those trading cosmetics, handmade products, and organic food.
Colis.ma also wants to make it easier for Morocco’s SMEs to sell their products in the European market without much hassle. In an interview, Issam Darui, CEO of the company, said that thanks to the funding the service quality and geographic coverage shall be enlarged. “Our ambition is to be one of the major providers of logistics services between Africa and Europe, using new technologies in a sector in the process of changing itself,” he added. To this end, Colis.ma deals with various firms to ensure it achieves the right logistics strategies for its functioning.
Colis.ma is not the only player in Morocco where the market for logistics solutions is rather dynamic at present. A competitor, Logidoo, was founded in 2019, operates in logistics providing the ability to track parcels in real-time, and closed at $1.55 million in 2024. Logidoo also got a $50,000 grant to foster the creation of AI for enhancing operations and business transactions in Africa’s logistics.
Through strategic resource mobilization and incorporation of technology, Colis.ma has entered the African and European logistics market with an ability to drive affordable solutions for different users.
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