Rabat, Morocco& Dubai, UAE– June 19, 2025

Mafqoodat, Morocco’s pioneering platform dedicated to lost and found items, has announced a strategic partnership with FasterCapital through its LaunchUp program. This collaboration aims to accelerate Mafqoodat’s mission to simplify and digitize the recovery of lost belongings across Morocco, with plans for international expansion. Leveraging FasterCapital’s global network and expertise, Mafqoodat will fast-track product development, market penetration, and capital raising to become the go-to lost and found solution in the region.

Market Opportunity & Problem Statement
Losing personal belongings such as keys, wallets, phones, and IDs is a widespread daily challenge affecting thousands across Morocco. Despite the high frequency of lost items, the current recovery process remains inefficient, fragmented, and frustrating for users. Market research indicates a growing demand for streamlined, tech-driven solutions in the lost and found sector, which remains largely untapped in North Africa. Mafqoodat addresses this white space by offering a centralized platform that bridges the gap between lost item owners and finders, filling a critical void in the Moroccan and soon global market.

Startup Solution & Differentiation
Mafqoodat’s AI-powered platform utilizes geolocation, intelligent categorization, and a proprietary matching algorithm to connect users with their lost belongings quickly and efficiently. The user-friendly interface allows individuals and institutions—such as airports, malls, and hospitals—to report and search for lost items in real-time. Early traction includes successful pilot deployments and positive user feedback highlighting reduced recovery times and improved customer satisfaction. Mafqoodat’s unique combination of technology, local cultural insight, and B2B/B2C dual market approach positions it ahead of traditional lost and found services and emerging competitors.

FasterCapital Partnership Value
Through the LaunchUp program, Mafqoodat gains access to FasterCapital’s extensive resources including mentorship from global industry experts, strategic business development, and capital-raising support. FasterCapital’s rigorous selection process underscores Mafqoodat’s high growth potential and innovative edge. The partnership is designed to accelerate Mafqoodat’s development roadmap, enhance its technological capabilities, and scale operations rapidly across Morocco and beyond, with a targeted funding round of USD 3 million underway.

Executive Quotes
Hesham Zreik, CEO of FasterCapital:
“Mafqoodat exemplifies the kind of innovative, market-driven startup that we seek to empower through LaunchUp. Their AI-enabled platform addresses a real pain point with scalable technology and a clear path to regional leadership. We are excited to support their growth and help them realize their vision of transforming lost and found services in Morocco and internationally.”
Hanae, CEO & Co-Founder of Mafqoodat:
“Partnering with FasterCapital marks a pivotal milestone for Mafqoodat. Their global expertise and resources will enable us to refine our technology, expand our user base, and accelerate our mission to become Morocco’s trusted lost and found platform. Together, we aim to digitize and simplify a traditionally cumbersome process, delivering peace of mind to thousands every day.”

Growth Trajectory & Future Plans
In the coming 12 months, Mafqoodat plans to enhance its AI matching algorithms, onboard key institutional partners nationwide, and launch targeted marketing campaigns to build brand awareness. Following the successful national rollout, the company aims to expand into neighboring North African markets and eventually target international hubs. The current USD 3 million funding round will fuel product innovation, team expansion, and go-to-market efforts, positioning Mafqoodat for sustainable market leadership and long-term impact.

About Mafqoodat
Founded by a passionate team dedicated to solving everyday challenges, Mafqoodat is Morocco’s first dedicated lost and found platform. Leveraging AI and geolocation technology, Mafqoodat simplifies the reporting and recovery of lost items for individuals and institutions, fostering a culture of mutual aid and trust across the country.

About FasterCapital
FasterCapital is a global venture builder and early-stage investment platform that supports startups through its LaunchUp program, providing capital, mentorship, and strategic guidance. With a proven track record of accelerating innovative ventures worldwide, FasterCapital partners with disruptive startups to scale their impact and market reach.