Morocco’s Wanaut Secures Funding to Boost the Leisure Sector

In a rapidly evolving sector, Moroccan startup Wanaut stands out with a significant milestone — a successful fundraising campaign securing 2 million dirhams (USD 201,000)

The funding comes from Augustulus Ventures, a Moroccan private fund specializing in new technologies and innovation. This collaboration marks a decisive turning point for Wanaut, a company founded in 2019 by a group of Franco-Moroccan entrepreneurs with diverse skills, including engineering, finance, and marketing.

The primary objective of this fundraising effort is clear: to inject new energy into the leisure sector. To achieve this, Wanaut offers a comprehensive platform for experience creators. The platform includes various features such as a detailed dashboard, a user-friendly reservation management system, a customizable form creation module, as well as payment and billing tools, simplifying the daily operations for users.

Wanaut’s ambition goes beyond these features. The company aims to establish a complete ecosystem for the leisure industry, positioning itself as a preferred partner for experience creators and event organizers. Its primary mission is to provide integrated solutions, enabling clients to fully unleash their potential. Additionally, Wanaut aims to offer users the opportunity to discover, book, and share unique experiences in various destinations.

To support its development, Wanaut benefits from the guidance of recognized structures. It is notably supported by Kluster CFCIM, an incubator of the French Chamber of Commerce and Industry in Morocco, as well as Accelab, a startup accelerator specializing in the sports and tourism sectors. These collaborations contribute to Wanaut’s efforts in shaping the future of the leisure industry in Morocco and beyond.

Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.  As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard.