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African Startup Funding Tracker

$2,358,456,000+

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Moroccan Startup Nessiam Secures USD 306 K Investment
Moroccan Startup Nessiam Secures USD 306 K Investment

The CDG Group’s investment arm, CDG Invest, has provided Nessiam, an inclusive lingerie tech startup based in Morocco, with an equity financing of 3 million Dirhams (USD 306 K) under the 212 Founders program. Nessiam benefited from local support as part of this investment to establish its leadership in the Moroccan market and achieve its strategic objectives.

Nessiam offers a variety of women’s underwear on its website. It provides a comprehensive and specialized selection of products to meet the needs of all women. The investment will help Nessiam in its plans to become a benchmark brand in the Mena region and establish other product lines such as swimwear, and accessories for the forthcoming summer season.