- Beltone Venture Capital Exits Morocco’s Cathedis
- The company focuses on supporting startups in key sectors and driving digital transformation.
Beltone Venture Capital, a subsidiary of Beltone Holding, has successfully exited its investment in Cathedis, a Moroccan digital logistics and parcel delivery platform.
The exit generated an internal rate of return (IRR) of 100%, marking Beltone Venture Capital’s first regional exit and third overall since its establishment—a milestone that underscores the company’s commitment to fostering innovation and entrepreneurship across the Middle East and Africa.
Ali Mokhtar, CEO and Managing Partner of Beltone Venture Capital, commented:
“This transaction aligns with our strategy to support innovative startups and maximize returns, while contributing to the digital transformation of key sectors.”
About Beltone Venture Capital
Established two years ago, Beltone Venture Capital manages assets worth USD 50 million, investing in and supporting technology-driven startups across strategic sectors.
The firm’s portfolio currently includes 21 startups operating in diverse industries that leverage technology to drive growth and innovation.
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