About CMGP
CMGP is a company based in Casablanca (Morocco) founded in 1995 was acquired by Development Partners International in September 2018.. CMGP has raised $32.68 million across 1 funding round from investors including Amethis and DPI.
- Headquarter Casablanca, Morocco
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.68 M (USD)
in 1 rounds
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Latest Funding Round
$32.68 M (USD), Series A
Apr 01, 2015
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Investors
Amethis
& 1 more
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Employee Count
Employee Count
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Acquired by
Development Partners International
(Sep 20, 2018)
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Funding Insights of CMGP
CMGP has successfully raised a total of $32.68M through 1 strategic funding round. The most recent funding activity was a Series A round of $32.68 million completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $32.7M
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First Round
First Round
(01 Apr 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series A - CMGP | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CMGP
CMGP has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Amethis and DPI. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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A premier African investment firm focused on high-growth businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CMGP
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CMGP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cmgp Comparisons
Competitors of CMGP
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CMGP
When was CMGP founded?
CMGP was founded in 1995 and raised its 1st funding round 20 years after it was founded.
Where is CMGP located?
CMGP is headquartered in Casablanca, Morocco.
Who is the current CEO of CMGP?
Youssef Moamah is the current CEO of CMGP.
Is CMGP a funded company?
CMGP is a funded company, having raised a total of $32.68M across 1 funding round to date. The company's 1st funding round was a Series A of $32.68M, raised on Apr 01, 2015.
What does CMGP do?
Founded in 1995 and based in Casablanca, Morocco, irrigation equipment is manufactured and distributed by CMGP for various agricultural needs. Products covering pumping, pivots, micro-irrigation, nets, fertilization, automation, pond coating, piping, greenhouses, watering, and filtration are supplied to clients including Sicda Irrigation, Lowara, Rain Bird, Richel Group, Mazzel, and Irritec. Operations focus on the agricultural sector with an emphasis on irrigation solutions.
Who are CMGP's investors?
CMGP has 2 investors. Key investors include Amethis, and DPI.
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