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Top 5 Health Care Startup Investors in Ethiopia (July 2026)

The most active venture capital funds and angel investors investing in Ethiopia Health Care startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ethiopia Health Care startup companies. Find investors to raise a Series A, Debt Financing or Grant round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Novastar Ventures
VC Fund
2 Kenya, Nigeria, United Kingdom Series A, Series B Agriculture, Health Care, Internet $1.7M–$42M
The Case for Her
VC Fund
2 Sweden, United Arab Emirates Angel, Pre-Seed Wellness, Content, Women's $500k–$579k
KFW DEG
VC Fund
1 India, Kenya, Brazil Debt Financing, Grant, Private Equity Financial Services, Energy, FinTech $100k–$570M
Oxfam’s Enterprise Development Programme
VC Fund
1 Tunisia, Ethiopia Grant, Series A Retail, Blockchain, E-Commerce
DEG
VC Fund
1 India, South Africa, Ghana Debt Financing, Grant Financial Services, FinTech, E-Commerce $100k–$33M
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Investor list

Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Ethiopia Health Care startups

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

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Investment focus

  • Industry: Agriculture, Health Care, Internet
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United Kingdom

Investor stats

  • Total investments: 67
  • Round size: Series A $1.7M–$24M; Series B $3.5M–$42M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2020

Portfolio highlights

  • Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
  • 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.
  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
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The Case for Her
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Ethiopia Health Care startups

Amplifying the issues of menstruation and female sexual health and pleasure through funding and advocacy at The Case for Her.

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Investment focus

  • Industry: Wellness, Content, Women's
  • Stage:Angel, Pre-Seed
  • Geography: Sweden, United Arab Emirates

Investor stats

  • Total investments: 6
  • Round size: Angel $500k–$579k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Mauj — Mauj is a sexual and menstrual wellness company. Mauj is driven by a common goal to challenge the stigma and misinformation surrounding female sexuality in their region.
  • Aquafit Intimate
  • YeneHealth — YeneHealth is a femtech startup leveraging technology and artificial intelligence to put power back into the hands of African Women.
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KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Ethiopia Health Care 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, Private Equity
  • Geography: India, Kenya, Brazil

Investor stats

  • Total investments: 117
  • Round size: Grant $100k–$1.1M; Debt Financing $10M–$570M; Private Equity $11M–$274M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • DataVolt — DataVolt is a leading innovator in state-of-the-art and sustainable data center solutions, empowering businesses across the globe to connect, collaborate, and grow in today's data-driven world. Our solutions, driven by security, sustainability, scalability, and reliability, facilitate digital transformation for our clients, amplifyingoperational efficiency and enabling them to contribute meaningfully to a sustainable digital future. With strategically positioned operations in Riyadh, Dubai, and California, we offer businesses the robust digital infrastructure necessary to succeed in the rapidly evolving digital landscape. We strive to redefine the future of data centers through groundbreaking innovation,
  • 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.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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Oxfam’s Enterprise Development Programme
VC Fund · Oxford, Oxfordshire, United Kingdom · 1 investments in Ethiopia Health Care 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: 3
  • Lead/follow: 33% lead, 67% follow

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.
  • River Poultry — River Poultry is addressing a critical gap in Uganda's poultry industry. Consumers struggle to differentiate between fresh, high-quality eggs and those that are potentially spoilt. Simultaneously, farmers grapple with low profitability due to inefficient production and limited market information.To tackle these challenges, we'vedeveloped Kuevos-AI, an advanced egg-scanning technology that accurately detects defects and determines egg freshness. This ensures consumers receive only the highest quality products while empowering farmers to make data-driven decisions. Additionally, our AI-powered systems predict market demand, enabling us to optimize production and reduce waste. By combining these innovative solutions, River Poultry is enhancing food safety, increasing farmer incomes, and building a sustainable poultry value chain.
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DEG
VC Fund · Overland Park, Kansas, United States · 1 investments in Ethiopia Health Care 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:Debt Financing, Grant
  • Geography: India, South Africa, Ghana

Investor stats

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

Portfolio highlights

  • SUN Energy — SUN Energy - Pengembang Proyek PLTS Terkemuka untuk Mendukung Perjalanan Keberlanjutan Perusahaan Anda.
  • 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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Health Care Investor funding in Ethiopia at a glance

Stats across 9 deals from 11 investors.

11
investors
in Ethiopia Health Care startups
9
deals
in Ethiopia Health Care startups
$1M
median round
in Ethiopia Health Care startups
73%
lead investors
lead at least one round
44%
Grant
most common funding stage
100/0
VC / Angel
share of investor count

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