Beltone Venture Capital Achieves 100% IRR from Its First Regional Exit in Morocco
Beltone Venture Capital (BVC), a wholly owned subsidiary of Beltone Holding, announced its successful exit from Cathedis, Morocco’s leading last-mile delivery and logistics platform, achieving an exceptional 100% Internal Rate of Return (IRR).
This milestone marks Beltone Venture Capital’s first regional exit and its third overall since inception, underscoring the company’s strong performance and its commitment to driving innovation and delivering growth across the MENA region.
Since its establishment in 2023, Beltone Venture Capital has rapidly emerged as a key player in the regional investment landscape, managing USD 50 million in assets under management (AUM) and building a portfolio of 21 high-growth, technology-driven companies across strategic sectors in the region. The company also manages a USD 5 million venture debt portfolio, reflecting its disciplined, data-driven investment strategy and regional expansion vision.
“We saw a clear opportunity in Cathedis Morocco’s leading last-mile delivery and logistics platform. We invested with vision, supported its growth, and exited with success,” said Ali Mokhtar, CEO and Managing Partner of Beltone Venture Capital.
From Egypt to Morocco, Beltone Venture Capital continues to expand its footprint across the region, investing in innovative, high-potential startups that are shaping the future of digital transformation and entrepreneurship in MENA.
