About Promamec
Promamec is a company based in Casablanca (Morocco) founded in 2003 by M Abdelilah Lahlou.. Promamec has raised $41.7 million across 3 funding rounds from investors including European Union and Vantage Capital. Promamec operates in a competitive market with competitors including Futura Surgicare, Sutures India, Sharp Fluidics, VESTECK and Ethicon, among others.
- Headquarter Casablanca, Morocco
- Founders M Abdelilah Lahlou
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.7 M (USD)
in 3 rounds
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Latest Funding Round
$8.5 M (USD), Private Equity Round
Dec 22, 2025
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Funding Insights of Promamec
Promamec has successfully raised a total of $41.7M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $8.5 million completed in December 2025. 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 3
- Last Round Private Equity Round — $8.5M
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First Round
First Round
(13 May 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Private Equity Round - Promamec | Valuation |
investors |
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| Jul, 2023 | Amount | Series C - Promamec | Valuation | Vantage Capital |
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| May, 2023 | Amount | Grant - Promamec | 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 Promamec
Promamec has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and Vantage Capital. 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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Vantage Capital is recognized as a leading Africa-focused fund manager.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Promamec
| 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 - Promamec
| 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 |
Promamec Comparisons
Competitors of Promamec
Promamec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Futura Surgicare, Sutures India, Sharp Fluidics, VESTECK and Ethicon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wound closure products and sterile sutures are manufactured.
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| domain | founded_year | HQ Location |
Surgical sutures and disposables are manufactured for medical use.
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| domain | founded_year | HQ Location |
Suture needle management systems are developed for safe surgical infusion.
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| domain | founded_year | HQ Location |
Developer of a device for the treatment of aortic aneurysms
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| domain | founded_year | HQ Location |
Specializes in surgical sutures and wound closure devices.
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| 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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Latest news on Promamec
Frequently Asked Questions about Promamec
When was Promamec founded?
Promamec was founded in 2003 and raised its 1st funding round 20 years after it was founded.
Where is Promamec located?
Promamec is headquartered in Casablanca, Morocco.
Who is the current CEO of Promamec?
Naoufal Lahlou is the current CEO of Promamec.
Is Promamec a funded company?
Promamec is a funded company, having raised a total of $41.7M across 3 funding rounds to date. The company's 1st funding round was a Grant of $363.73K, raised on May 13, 2023.
What does Promamec do?
Promamec was founded in 2003 in Casablanca, Morocco, where surgical equipment is developed across various therapeutic fields including anesthesia, urology, neurosurgery, gynecology, and radiology. Production operations encompass weaving and conditioning of gauze bands, draping fabrication, and sterilization processes. Manufacturing facilities are certified under ISO 9001:2015 standards, supporting consistent output in the medical device sector.
Who are the top competitors of Promamec?
Promamec's top competitors include Futura Surgicare, Sutures India and Sharp Fluidics.
Who are Promamec's investors?
Promamec has 2 investors. Key investors include European Union, and Vantage Capital.
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