Beltone Venture Capital (BVC), a wholly owned subsidiary of Beltone Holding, announced its successful exit from Cathedis, Morocco’s leading last-mile delivery and logistics platform, achieving an exceptional 100% Internal Rate of Return (IRR), Invest-Gate reports.

The transaction marks BVC’s first regional exit and third overall since its inception, underscoring the firm’s strong performance and commitment to fostering innovation and growth across the MENA region.

Established in 2023, BVC has quickly become a key player in regional venture capital, managing USD 50mn in assets under management (AUM) and a portfolio of 21 high-growth, tech-driven companies in strategic sectors. The firm also oversees a USD 5mn venture debt portfolio, reflecting its disciplined, data-driven investment strategy and vision for regional expansion.

Ali Mokhtar, CEO and Managing Partner of Beltone Venture Capital, said: “We saw a clear opportunity in Cathedis Morocco’s leading last-mile delivery and logistics platform. We invested with vision, supported its growth, and exited with success.”

From Egypt to Morocco, BVC continues to expand its presence across the region, investing in innovative, high-potential startups that are shaping the future of digital transformation and entrepreneurship in MENA.