Moroccan Startup Saweblia Raises USD 340 K Funding

Saweblia, a Casablanca-based startup has secured  MAD3 million (USD 340 K) in seed funding from CDG Invest, the investment arm of the Caisse de Dépôt et de Gestion (CDG) Group. The startup is the winner of the second promotion of the 212Founders program. Under the investment, the startup now enters the acceleration phase of the 212Founders program.

Saweblia is a company that specializes in home and office repair and remodeling. The company provides electricity, plumbing, air conditioning, painting, disinfection, carpentry, and other DIY services to people and businesses through its multi-channel strategy (website, WhatsApp, social media).

Saweblia will be able to accelerate its expansion in the Moroccan market by expanding into Rabat, Marrakech, Tangier, and Fez, in addition to Casablanca, where it is now located, with the help of the seed financing.