Top 5 Food and Beverage Startup Investors in Ethiopia in December 2024

Last updated: Dec 2024 A list of 5 angel investors and VC (Venture Capital) funds that invest in Food and beverage startups based in Ethiopia. We rank investors based on the number of investments they made in Food and beverage companies from Ethiopia. We update this investor list every month.

Top 5 Food and Beverage Startup Investors in Ethiopia in December 2024

Investor	Food and Beverage Ethiopia investments
Novastar Ventures	2
DEG	1
Oxfam’s Enterprise Development Programme	1
KFW DEG	1
Norfund	1

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Investor list

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Investment focus

Agriculture, Internet, Clean Energy
Series A, Funding Round, Series B
Kenya, Nigeria, United States

Portfolio highlights

BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
MoKo Home + Living — MoKo Home is Kenya's one-stop furniture company specializing in comfort & smiles, having served over 10000 smiley homes to date. Will yours be next?

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.

Investment focus

Financial Services, FinTech, Banking
Funding Round, Series A, Debt Financing
India, Ghana, South Africa

Portfolio highlights

Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
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!

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.

Investment focus

Retail, Blockchain, E-Commerce
Grant, Series A
Tunisia, Ethiopia

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.

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.