Moroccan Startup Aza Petrosolutions Raises USD 296 K Funding

Morocco-based startup Aza Petrolsolutions (formerly Aza Petroleum), has raised MAD 3 million (USD 296 K) in a fresh funding round from the Maroc Numeric Fund II. The deal marks Maroc Numeric Fund II’s sixth investment to date.

Aza develops tech-based solutions tailored to the oil distribution industry. The startup offers a fully automated system that streamlines refueling and distribution operations and facilitates the use of mobile payments at service stations.