
212 Founders
Funds late-stage Moroccan and international entrepreneurs entering Morocco through matched acceleration and launch support.
212 Founders is an equity co-investment accelerator program operated by CDG Invest, the investment branch of Caisse de Dépôt et de Gestion (Morocco's sovereign deposit and pension management institution). It runs two tracks: Expand212 (for Moroccan startups, ~13 MDH equity ticket) and HQ212 (for international startups soft-landing in Morocco, ~$1M USD equity ticket). Both target late-seed to Series A and provide co-investment alongside fundraising-structuring support — not grants. The program was launched in September 2019 from CDG's Mahaj Ryad Center in Rabat and has invested in 24+ startups (2 exits) through continuous rolling intake rather than time-boxed cohorts.