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Caisse de Dépôt et de Gestion
Training

Creation of an accompanying and investment program in Seed and Series A

Caisse de Dépôt et de Gestion

Context and need

  • CDG Invest, Moroccan public investment fund, has entrusted INSKIP with the creation of a vehicle to accompany and then invest Seed tickets of €300k and Series A of €1M in startups with a MVP and with an Africa/MENA ambition.
  • The client’s desire is to have a structuring impact on the entrepreneurial ecosystem in Morocco and to contribute to the sophistication of the start-up tissue.
  • The ambition is to attract and support talent towards entrepreneurship by providing methodological and pedagogical support.
  • The long-term goal is to emerge “success stories”: globally ambitious startups from Morocco

Actions

  • Co-structuring with the Deposit Fund and management of accompanying arrangements
  • Definition of the mechanism and the investment thesis and related due-dilligence processes
  • Evaluation of the required investment pocket and the amount of invested tickets

Results

  • 55 startups accompanied
  • 10 startups financed
  • 3 M€ amount invested in Seed
  • 2 Series A realized (7M€ and 4M€) in co-investment with international and African funds (YCombinator, Partech...)