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Top 10 Agriculture (AgTech) Startup Investors in Ethiopia (October 2026)

The most active venture capital funds and angel investors investing in Ethiopia Agriculture (agtech) startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ethiopia Agriculture (agtech) startup companies. Find investors to raise a Debt Financing, Grant or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Novastar Ventures
VC Fund
2 Kenya, Nigeria, United States Series A, Series B Agriculture, Health Care, FinTech $1M–$42M
Finnfund
VC Fund
2 Kenya, India, South Africa Debt Financing, Series B Financial Services, FinTech, Energy
DEG
VC Fund
1 India, South Africa, Ghana Venture - Series Unknown, Debt Financing, Grant Financial Services, FinTech, E-Commerce $100k–$72M
Women Entrepreneurship for Africa
VC Fund
1 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
AgDevCo
VC Fund
1 Zambia, Kenya, Ethiopia Debt Financing, Venture - Series Unknown Farming, Agriculture, AgTech $1.1M–$10M
Zebu Investment Partners
VC Fund
1 South Africa, Kenya, Ethiopia Private Equity, Series C, Venture - Series Unknown Food and Beverage, Agriculture, Consumer Goods $4M–$7.5M
KFW DEG
VC Fund
1 India, Kenya, United States Debt Financing, Grant, Post-IPO Debt Financial Services, Energy, FinTech $100k–$820M
Oxfam’s Enterprise Development Programme
VC Fund
1 Tunisia, Ethiopia Grant, Series A Retail, Blockchain, E-Commerce
Norfund
VC Fund
1 Kenya, South Africa, United Kingdom Private Equity, Debt Financing Energy, Financial Services, Renewable Energy
Engineers Without Borders Canada
VC Fund
1 Kenya, Ghana, Ethiopia Seed, Venture - Series Unknown FinTech, Agriculture, Financial Services
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Ethiopia Agriculture (agtech) startups

For the many, not just the few. For good.

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Investment focus

  • Industry: Agriculture, Health Care, FinTech
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 73
  • Round size: Series A $1M–$23M; Series B $3.5M–$42M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely actively investing — fresh fund, raised $147M in 2026

Portfolio highlights

  • MAX — Make mobility accessible, safe, reliable, and sustainable for 1 billion Africans
  • ARC Ride — Affordable, reliable and clean e-mobility solutions for rapidly growing African cities.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Ethiopia Agriculture (agtech) startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, FinTech, Energy
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 43
  • Lead/follow: no public data

Portfolio highlights

  • Access Bank — Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union moneytransfer services.
  • Ipak Yuli Bank — Kredir, Karta, Visa virtual, Omonat, Valyuta kurslari, Avtokredir, Pul o`tkazmalari
  • Kentegra Biotechnology Holdings LLC — Kentegra Biotechnology Holdings is a leading U.S-Kenyan company that supports a Kenyan-based biopesticide processing business that aggregates, extracts, and refines pale refine extract (PRE) from the pyrethrum flower, and sells the PRE to formulators across the world. Kentegra is committed to improving farmer’s livelihoods by investing in thecommunities where we are working to help farmers and their families have a more stable income and better quality of life.Grants: Norad 2021, AgriFi 2020, USAID 2020, USAID 2019, DEG 2020, DEG 2019
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DEG
VC Fund · Overland Park, Kansas, United States · 1 investments in Ethiopia Agriculture (agtech) startups

DEG, a Merkle Company is a full-service digital agency purpose-built to meet clients in the moment with data-driven marketing, commerce, and collaboration solutions.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Venture - Series Unknown, Debt Financing, Grant
  • Geography: India, South Africa, Ghana

Investor stats

  • Total investments: 25
  • Round size: Grant $100k–$800k; Debt Financing $6.5M–$33M; Venture - Series Unknown $4.7M–$72M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • SUN Energy — SUN Energy adalah pengembang PLTS industri dengan 450 MW terpasang di Asia-Pasifik. Solusi on-grid, off-grid, hybrid dengan skema DP 0%. Konsultasi gratis.
  • Turnkey Lender — Turnkey Lender is a Commercial lending software that can improve efficiency and reduce costs for financial services companies.
  • Naked Insurance — The new way to cover your stuff: savings & convenience through AI. Naked Insurance offers online insurance for car, home and contents. Get a quote in 90 seconds!
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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Ethiopia Agriculture (agtech) startups

Women Entrepreneurship for Africa

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Investment focus

  • Industry: Health Care, Agriculture, Food and Beverage
  • Stage:Pre-Seed, Grant
  • Geography: Nigeria, Uganda, Cameroon

Investor stats

  • Total investments: 116
  • Lead/follow: 99% lead, 1% follow

Portfolio highlights

  • ORIKI — ORIKI is a luxury skin and hair care brand that fuses all-natural ingredients primarily sourced from the continent of Africa with scientific research to create extraordinary products.
  • Mukuru Clean Stoves — Mukuru Clean Stoves is a social enterprise The company is engaged in designing, producing and distributing improved, reliable and affordable cook stoves for low income households. The company's stoves are produced using locally sourced recycled waste metal enabling them to reduce production costs and make affordable products in the market.The company distributes its products through networks of local women business owners and microfinance institutions.
  • Loom Craft Chocolate — Loom Craft Chocolate is a artisanal cocoa processor with a strong focus on the quality of our products and the sustainability of our processes.
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AgDevCo
VC Fund · London, England, United Kingdom · 1 investments in Ethiopia Agriculture (agtech) startups

We are a specialist investor in African agribusinesses.

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Investment focus

  • Industry: Farming, Agriculture, AgTech
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: Zambia, Kenya, Ethiopia

Investor stats

  • Total investments: 20
  • Round size: Debt Financing $2M–$10M; Venture - Series Unknown $1.1M–$3M
  • Lead/follow: 85% lead, 15% follow

Portfolio highlights

  • Victory Farms — Victory Farms is an aquaculture farm for tilapia fish comprising of hatcheries, nursery ponds and deep-water cages for farming.
  • Planting Naturals — Planting Naturals is a group of companies focused to the long-term production of organic products. Planting Naturals was founded by Kevin Godlington.
  • Hybrid Poultry Farm — Welcome to our Hybrid Poultry Farm. We breed high quality, robust and pre-vaccinated day old chicks making us Zambia's number one chick supplier. Talk to us.
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Zebu Investment Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Ethiopia Agriculture (agtech) startups

Zebu Investment Partners (ZIP) is a private equity fund manager established to invest across the food value chain throughout Africa.

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Investment focus

  • Industry: Food and Beverage, Agriculture, Consumer Goods
  • Stage:Private Equity, Series C, Venture - Series Unknown
  • Geography: South Africa, Kenya, Ethiopia

Investor stats

  • Total investments: 10
  • Round size: Private Equity $4M–$7.5M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $84M in 2019

Portfolio highlights

  • Copia Global — Copia Global provides a consumer catalog order and delivery system intended to serve consumers in the developing world. Its service leverages mobile technologies and a network of agents serving as distribution points, enabling rural and peri-urban consumers to get a wide range of quality goods at reasonable prices.
  • Terramar — Terramar distributes food, beverages, and other fast-moving consumer goods to serve the informal and formal markets. It also offers services including import, retailing, wholesaling, and distributing of frozen, chilled, and ambient consumer goods from Portuguese and South African procurement centers as well as from a variety of local suppliers.
  • Africa Global Trade Finance — Africa Global Trade Finance is a financial institution that provides secured and structured trade finance solutions. It offers services such as pre-shipment finance, post-shipment finance, import finance with supplier payments, stock finance, and more. The company also serves small and medium-sized enterprises, commodity importers, and exporters.
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KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Ethiopia Agriculture (agtech) startups

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Grant, Post-IPO Debt
  • Geography: India, Kenya, United States

Investor stats

  • Total investments: 127
  • Round size: Grant $100k–$1.1M; Post-IPO Debt $12M–$820M; Debt Financing $15M–$350M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Combio Energia — ComBio Energia Provide energy generation solutions with renewable sources, creating, growing, and long-term economic value. They develop projects for steam generation and cogeneration of electricity with biomass, which promote environmental improvements and significant cost reductions for customers in the industrial segment. They offer, based on adetailed analysis of the needs of each customer, a dedicated energy solution, adapted to their consumption profile.
  • MSU Green Energy — MSU Green Energy is a solar investment company that develops renewable energy and solar projects.
  • Banco de Occidente, S.A. — Banco de Occidente is the fifth largest bank in Colombia by asset level and portfolio at June 30, 2016. It has national coverage and a portfolio of integrated products and services, offered through a network of 241 offices and 336 ATMs 9,671 banking correspondents and other features.
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Oxfam’s Enterprise Development Programme
VC Fund · Oxford, Oxfordshire, United Kingdom · 1 investments in Ethiopia Agriculture (agtech) startups

Oxfam’s Enterprise Development Programme (EDP) is an innovative model that provides support to entrepreneurs in some of the world’s poorest countries to help them create and build viable, sustainable businesses. The resulting jobs and associated opportunities provide benefits for both the employees and the wider communities around them, liftingsome of the world’s poorest families out of poverty.

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Investment focus

  • Industry: Retail, Blockchain, E-Commerce
  • Stage:Grant, Series A
  • Geography: Tunisia, Ethiopia

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Farm Trust — Farm Trust is an E-commerce platform for fruits and vegetables that provide traceability through blockchain.
  • GreenPath Food — Greenpath Food is a worldwide food supplier of the highest quality organic, regeneratively-grown produce from small-scale East African Farms.
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Norfund
VC Fund · Oslo, Oslo, Norway · 1 investments in Ethiopia Agriculture (agtech) startups

Norfund is the Norwegian Investment Fund for developing countries with 24.9 bill. NOK in total commitments (2019).

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Investment focus

  • Industry: Energy, Financial Services, Renewable Energy
  • Stage:Private Equity, Debt Financing
  • Geography: Kenya, South Africa, United Kingdom

Investor stats

  • Total investments: 59
  • Lead/follow: no public data

Portfolio highlights

  • Xurya — Xurya is a renewable energy platform in providing commercial and industrial rooftop owners access to solar lease product on one side. And investors access to a stable and safe investment in rooftop solar plants on the other side. Both are achieved by maintenance service which enables both parties peace of mind.
  • Miniplast — Miniplast Limited is one of the leading manufacturers of industrial and household products in Ghana, with over 25 years of experience in the sector.
  • Access Bank — Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union moneytransfer services.
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Engineers Without Borders Canada
VC Fund · 1 investments in Ethiopia Agriculture (agtech) startups

Investment focus

  • Industry: FinTech, Agriculture, Financial Services
  • Stage:Seed, Venture - Series Unknown
  • Geography: Kenya, Ghana, Ethiopia

Investor stats

  • Total investments: 4
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • M-Shule — M-Shule is the first personalized knowledge-building platform in Africa to connect learners to tailored learning, evaluation, activation, and data (LEAD) tools over SMS. Meaning “mobile school” in Swahili, M-Shule combines SMS with artificial intelligence to reach offline or low-income communities with self-paced, interactive, and personalisedresources to power their success. Organisations leverage this award-winning approach to help individuals learn new skills, evaluate their progress, activate them to new behaviors, and collect and analyse data on their progress. By making an all-in-one skill-building platform possible with the simplest feature phone, M-Shule unlocks new opportunities for millions across Sub-Saharan Africa and the world.
  • FarmDrive — FarmDrive is a technology company that applies data science and machine learning to build software that increases access to meaningful financial services - loans, digital payments insurance, savings. FarmDrive’s mission is to drive capital to underserved rural clients and transform them into sustainable and profitable businesses.
  • Bloom Impact — Bloom Impact is a digital marketplace that lets small business owners in emerging markets easily access financing for their business, like loans and savings, through their smartphone. We eliminate the costs and hassle involved in finding financing. We're digitizing and disrupting how financial services are delivered!Small businesses arecritical to growing the economy in emerging markets and creating much needed employment opportunities, yet they lack access to financial products like loans and savings accounts that will help them grow and become sustainable. With over 60 years of combined experience in Fintech, financial services and emerging markets, the Bloom Impact team deeply understands the problem, the opportunity and the best solution.
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Agriculture (AgTech) Investor funding in Ethiopia at a glance

Stats across 23 deals from 20 investors.

20
investors
in Ethiopia Agriculture (agtech) startups
23
deals
in Ethiopia Agriculture (agtech) startups
$2.4M
median round
in Ethiopia Agriculture (agtech) startups
60%
lead investors
lead at least one round
22%
Venture - Series Unknown
most common funding stage
100/0
VC / Angel
share of investor count

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