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Top 45 Startup Investors in Ethiopia (August 2026)

The most active venture capital funds and angel investors investing in Ethiopia startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ethiopia startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Goodwater Capital
VC Fund
3 United States, India, South Korea Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$31M
Kazana group
VC Fund
3 Ethiopia Seed Audio, Music, Retail
Osema Kassim
Angel
3 Ethiopia Seed E-Commerce $2M–$3M
Renew Capital
VC Fund
3 Uganda, Kenya, Ethiopia Pre-Seed, Seed Mobile Apps, Financial Services, Finance
Consonance Investment Managers
VC Fund
2 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, B2B $50k–$10M
The Case for Her
VC Fund
2 Israel, Sweden, Ethiopia Angel, Pre-Seed, Seed Wellness, Women's, Health Care $500k–$664k
Newgen Venture Partners
VC Fund
2 China, United States, Ethiopia Angel, Seed, Series A Software, Health Care, Information Technology $22k–$5M
Novastar Ventures
VC Fund
2 Kenya, Nigeria, United Kingdom Series A, Series B Agriculture, Health Care, FinTech $1.7M–$42M
Finnfund
VC Fund
2 Kenya, India, South Africa Debt Financing, Venture - Series Unknown, Series B Financial Services, Energy, FinTech $2.1M–$137M
Gullit
VC Fund
2 Kenya, Morocco, Nigeria Pre-Seed, Seed, Venture - Series Unknown Travel, Shipping, Software $185k–$1.3M
KFW DEG
VC Fund
2 India, Kenya, United States Debt Financing, Grant, Private Equity Financial Services, Energy, FinTech $100k–$350M
Nigerian Exchange Group
VC Fund
2 Ethiopia Series A Financial Services
Verdant Frontiers
VC Fund
1 Kenya, Italy, Ethiopia Seed, Pre-Seed Travel, FinTech, Finance $1.8M–$6M
Samuel Z. Alemayehu
Angel
1 Cameroon, Ethiopia, Singapore Series A, Seed, Series B SMS, Energy, Gaming $1M–$7M
Nagase & Co
VC Fund
1 Japan, United States, Ethiopia Series A, Corporate Round Manufacturing, Software, Cloud Computing $2.4M–$2.8B
Persistent
VC Fund
1 Ghana, Germany, Switzerland Seed, Series A Energy, Solar, Renewable Energy $500k–$10M
Valuechain Innovation Fund
VC Fund
1 Japan, Ethiopia Series A, Seed, Series B Diving, Retail, GreenTech $1.9M–$9.2M
Team Ignite Ventures
VC Fund
1 United States, Canada, India Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $400k–$25M
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
yonatan wondwosen belay
Angel
1 Ethiopia Pre-Seed Transportation
DEG
VC Fund
1 India, South Africa, Ghana Debt Financing, Grant Financial Services, FinTech, E-Commerce $100k–$33M
Vibe VC
VC Fund
1 United States, India, Zambia Seed, Pre-Seed, Series A Financial Services, Finance, Software $250k–$33M
Jaza Rift Ventures
VC Fund
1 Nigeria, Ghana, Kenya Venture - Series Unknown, Pre-Seed, Seed Health Care, Health Diagnostics, Information Technology
Women Entrepreneurship for Africa
VC Fund
1 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
CrossFund
VC Fund
1 Pakistan, Nigeria, Vietnam Seed, Pre-Seed, Angel FinTech, Marketplace, Financial Services $22k–$2.5M
Eight Capital
VC Fund
1 United States, Canada, United Kingdom Pre-Seed, Seed, Post-IPO Equity Software, Artificial Intelligence, Information Technology $500k–$132M
Amadou Daffe
Angel
1 Ethiopia Pre-Seed SMS, Android, FinTech
Norfund
VC Fund
1 Kenya, South Africa, Nigeria Private Equity, Debt Financing Financial Services, Energy, Renewable Energy $2.2M–$156M
For Seasons
VC Fund
1 Ethiopia Series A Manufacturing, Electric Vehicle
Kaleo Ventures
VC Fund
1 Nigeria, United States, Kenya Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $25k–$15M
Ahmed Al Alola
Angel
1 United Arab Emirates, Egypt, Ethiopia Seed, Pre-Seed Information Technology, SMS, Rental $200k–$2M
Addis Alemayehou
Angel
1 China, Ethiopia Seed B2C, E-Commerce, Food Delivery
Impact Angel Group
VC Fund
1 Ethiopia Seed Food Delivery, Food and Beverage
MiraclePlus
VC Fund
1 China, United States, Singapore Seed, Angel, Pre-Seed Artificial Intelligence, Software, Information Technology
Musashi Seimitsu Industry
VC Fund
1 Japan, United States, Israel Series A, Series C, Pre-Seed Electric Vehicle, Automotive, Electronics $2.3M–$610M
Oxfam’s Enterprise Development Programme
VC Fund
1 Uganda, Tunisia, Ethiopia Seed, Grant, Series A AgTech, Retail, Software
Addis Abeba Angels Network
VC Fund
1 Ethiopia Seed Delivery, Logistics, Supply Chain Management
Nissay Capital
VC Fund
1 Japan, United States, Ethiopia Seed, Series A Health Care, Information Technology, Medical $565k–$71M
Faisal Alabdelsalam
Angel
1 Egypt, Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Series A Information Technology, E-Commerce, Mobile Apps $150k–$2M
Core Vision Investments
VC Fund
1 Saudi Arabia, Egypt, Singapore Seed, Pre-Seed, Series A FinTech, Software, Internet $150k–$5M
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$55M
Buko Ventures
VC Fund
1 Philippines, Singapore, Kenya Pre-Seed, Seed Software, E-Commerce, Internet $12k–$2.2M
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $16M–$726M
British International Investment
VC Fund
1 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $6.8M–$100M
CBC Group
VC Fund
1 Japan, Ethiopia, United States Series A, Seed Manufacturing, Apps, News $4.3M–$50M
Access all 95 investors in Ethiopia startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Goodwater Capital
VC Fund · Burlingame, California, United States · 3 investments in Ethiopia startups

Consumer Tech Investors - We empower exceptional entrepreneurs everywhere to change the world for good.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, South Korea

Investor stats

  • Total investments: 875
  • Round size: Seed $850k–$7.5M; Pre-Seed $125k–$2.1M; Series A $4.5M–$31M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Kaon — Chat with AI characters for free on FlowGPT! More than 1 million characters and bots to chat with, AI boyfriend, girlfriend, uncencored chat and AI tools.
  • RedotPay — Where Crypto Meets Real Life | Trusted by 8M+ | Accepted at 130M+ merchants | Pay with BTC, ETH, USDC, USDT & more
  • Pure — Pure Poker is a privately held fintech and software company that develops a legal, compliant, rake-free real-money online poker platform. Headquartered in San Francisco, California, the company replaces the traditional casino "house" model with a trusted, identity-verified social gaming network.
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Kazana group
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 3 investments in Ethiopia startups

Africa, unlocked. A holding company. @addisale

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Investment focus

  • Industry: Audio, Music, Retail
  • Stage:Seed
  • Geography: Ethiopia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jemla — Jemla is a business-to-business (B2B) e-commerce wholesale platform that provides informal merchants with access to a large range of Fast Moving Consumer Goods (FMCG) products at low costs, with free delivery to retail locations within 24 hours.
  • Bana Records — A Musical Dawn. New single by @ebne_hakim, 'Ete Mete', out now!
  • Across Express — Across Express is a technology based logistics platform that delivers shipments on time. The company provides convenient and reliable delivery service through strategically located drivers in Addis Ababa, enabling them to reach the pickup location in short time, hence giving shorter delivery time.
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Osema Kassim
Angel · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Ethiopia startups

Osema is an angel investor and tech product, enthusiast. Passionate about building high-performance teams and growing businesses internationally.

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Investment focus

  • Industry: E-Commerce
  • Stage:Seed
  • Geography: Ethiopia

Investor stats

  • Total investments: 3
  • Round size: Seed $2M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • beU delivery — Food delivery service
  • beU delivery — Food, groceries, parcels & pharmacy delivered across Addis Ababa in 59 minutes. 700K+ users.
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Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 3 investments in Ethiopia startups, 11 in the past 12 months

Renew Capital is an Africa-focused investment firm that addresses critical gaps for Africa’s growing businesses and connects them to a global network of impact investors.

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Investment focus

  • Industry: Mobile Apps, Financial Services, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Uganda, Kenya, Ethiopia

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • Bosso — Bosso projects and realizes automation and robotic solutions for the growth of your business.
  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • Level Africa — Digital Investment Marketplace for Africa
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Ethiopia startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Industry: Software, Information Technology, B2B
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 37
  • Round size: Seed $550k–$4M; Pre-Seed $450k–$1M; Series A $50k–$10M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Control what AI coding assistants can install. Approve libraries, MCP servers, and extensions before they enter your codebase.
  • EMTECH — Cari pragmatic slot gacor? Cek info RTP slot Pragmatic Play terupdate di AkongCuan. Mulai modal slot depo 5K sekarang, mainkan, dan raih cuan maksimal!
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The Case for Her
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Ethiopia 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, Women's, Health Care
  • Stage:Angel, Pre-Seed, Seed
  • Geography: Israel, Sweden, Ethiopia

Investor stats

  • Total investments: 6
  • Round size: Angel $500k–$664k
  • 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.
  • LEIA — LEIA is an application that provides postpartum support for new parents.
  • YeneHealth — We help women gain self-agency over their reproductive health through our period & pregnancy tracking app, online pharmacy and Telehealth services. #FEMTECH
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Newgen Venture Partners
VC Fund · Shanghai, Shanghai, China · 2 investments in Ethiopia startups

Newgen Venture Partners focuses on early-stage startup companies with innovative ideas and revolutionary technologies. Since its establishment in 2012, Newgen has invested in more than 100 enterprises, the accumulated valuation of which has exceeded RMB 50 billion. It is the first investor in several unicorn enterprises, such as GrubMarket,HotMaxx, LePure, and WePie.Newgen Capital is the brand of Newgen's investment in early-stage venture capital funds. As an L.P. actively engaged in early-stage venture capital, Newgen Capital collaborates with renowned institutions such as ZPARK VENTURE, L.P. Fund I, and GSR Ventures (Suzhou Jinshajiang Chaohua Phase IV Venture Capital Partnership (L.P.). In 2022, Newgen also invested in LiquidMetal Ventures. Together with these partners, Newgen is committed to discovering and investing in early-stage V.C. funds with innovation and growth potential, making investments that create value for the ecosystem.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Angel, Seed, Series A
  • Geography: China, United States, Ethiopia

Investor stats

  • Total investments: 52
  • Round size: Seed $22k–$5M; Angel $62k–$425k; Series A $67k–$1.5M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Silk — Hong Kong-Style Milk Tea
  • Light Mind Studio — Light Mind Studio is committed to creating high-quality, in-depth, and meaningful hit games.
  • HiChina Travel — HiChina Travel is an inbound tourism service platform.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Ethiopia 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 Kingdom

Investor stats

  • Total investments: 68
  • Round size: Series A $1.7M–$24M; Series B $3.5M–$42M
  • Lead/follow: 47% lead, 53% 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.
  • 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 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, Energy, FinTech
  • Stage:Debt Financing, Venture - Series Unknown, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 72
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$137M; Venture - Series Unknown $2.1M–$15M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • 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.
  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
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Gullit
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in Ethiopia startups

Gullit advises and finances scalable early-stage tech firms in Africa. Additionally, Gullit provides funding for startups during the seed, pre-seed, debt acquisition, and restructuring phases.

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Investment focus

  • Industry: Travel, Shipping, Software
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Kenya, Morocco, Nigeria

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $185k–$1.3M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
  • Qene Games — Qene Games is an award-winning software development firm operating from Addis Abeba, Ethiopia. Founded in 2017, the company has been focused on developing and publishing video games while providing game development outsourcing, game art outsourcing, and other software development services.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 2 investments in Ethiopia 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, United States

Investor stats

  • Total investments: 124
  • Round size: Grant $100k–$1.1M; Debt Financing $10M–$350M; Private Equity $11M–$274M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Fibra Nova — Fibra Nova is a real estate investment trust that specializes in the acquisition, management, and development of properties for leasing.
  • 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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Nigerian Exchange Group
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Ethiopia startups

Nigerian Exchange Group focuses on listing and trading securities, licensing, market data solutions, and ancillary technology services.

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Investment focus

  • Industry: Financial Services
  • Stage:Series A
  • Geography: Ethiopia

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Ethiopian Securities Exchange — Ethiopia's first organized securities exchange.
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Verdant Frontiers
VC Fund · Austin, Texas, United States · 1 investments in Ethiopia startups

Verdant Frontiers is a venture capital firm specializing in start-up and early-stage investments. The firm builds portfolios of large-scale businesses that deliver compelling returns for investors and create life-changing jobs in Africa.

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Investment focus

  • Industry: Travel, FinTech, Finance
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Italy, Ethiopia

Investor stats

  • Total investments: 5
  • Round size: Seed $1.8M–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pezesha — Digital Financial Ecosystem for connecting MSMEs to Capital.
  • Zeraki — Zeraki is to use technology to address some of the obstacles learners encounter in accessing quality education. We use technology to enhance the quality of education students get at each level of education and use technology to help students transition from one level of education to the next, and ultimately from education into employment.
  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
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Samuel Z. Alemayehu
Angel · 1 investments in Ethiopia startups

Samuel Z. Alemayehu is the Founder and Chairman Of The Board Of Directors of Cambridge Industries.

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Investment focus

  • Industry: SMS, Energy, Gaming
  • Stage:Series A, Seed, Series B
  • Geography: Cameroon, Ethiopia, Singapore

Investor stats

  • Total investments: 9
  • Round size: Series A $1M–$7M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • 4AFRI — 4Afri is an innovative holding company focused on Africa-centric growth equity opportunities.
  • SantéPhone — SantéPhone is a mobile-based health prevention platform founded in partnership with leading health insurance companies across West Africa. The application was powered by 4Afri Mobile.
  • Cambridge Industries — Cambridge Industries pioneers sustainable waste-to-energy, recycling, and urban mining solutions worldwide.
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Nagase & Co
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Ethiopia startups

Nagase & Co., Ltd. engages in the manufacture, import/export, and sale of chemicals, plastics, electronics materials, cosmetics, and health foods worldwide. It offers colors and imaging products that comprise dyestuffs, dyeing auxiliaries, finishing agents, textile processing resins, adhesives for textiles, pigments, pigment dispersingagents, plastic additives, UV cured and toner resins, silicones, dyes and related chemicals, chemicals for paper manufacturing, and additives for paints and inks; and performance chemicals consisting of plastic materials, plastics and pigments, solvents, urethane materials, flame retardants, plastic additives, plasticizers, and polymer filters. The company also provides specialty chemicals, such as petrochemical products, raw materials for household products, cosmetic ingredients, surfactants and surfactant raw materials, fluorochemicals, materials for silicones, and electronics chemicals; advanced polymers and automotive solutions; and polymer products, including resin materials, film sheet products, and molded plastic and construction products. In addition, Nagase offers electronic chemicals comprising photoresist developer production equipment, chemical management equipment for liquid crystal preprocessing, chemicals for the production of semiconductors and liquid crystals, and formulated epoxy resins. Further, it provides liquid crystal displays (LCDs), manufacturing devices and optical films for LCDs and organic light-emitting diodes, and processed aluminum and glass products; pharmaceuticals, in vitro diagnostics, hard disk related products, medical equipment, agricultural chemicals, household insecticides, animal health products, enzymes, fermentation products, functional food ingredients, nutritional supplements, and feed additives; and cosmetics and health foods. Additionally, Nagase provides logistics, information processing, and professional services. The company was founded in 1832 and is headquartered in Osaka, Japan.

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Investment focus

  • Industry: Manufacturing, Software, Cloud Computing
  • Stage:Series A, Corporate Round
  • Geography: Japan, United States, Ethiopia

Investor stats

  • Total investments: 20
  • Round size: Series A $2.4M–$18M; Corporate Round $1.7B–$2.8B
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
  • A10 Lab — A10 Lab is a company that aims to make people happy with technology that is independent of Sony's new business creation program. It provides Google Play with an app that allows users to do things that they have never been able to do with the custom app 'Min Chale' selected for two consecutive years. It is a company that bringsprofits to companies by improving lifetime value sales through the habitation of users that companies have.
  • Rapidus — Rapidus is an Electronic component research, development, design, production, and sales that includes semiconductor elements and integrated circuits. Environmentally friendly, energy-saving semiconductors and semiconductor manufacturing technology are being researched and developed. Human resource development and training for the semiconductorsector.
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Persistent
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Ethiopia startups

Africa's Climate Venture Builder - We believe in the power of climate-positive economic development in Africa. For the last decade, we have been working hand in hand with exceptional entrepreneurs, investing both financial and human capital to build successful climate ventures on the continent. Our companies offer competitive financial returns required to drive lasting impact.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Seed, Series A
  • Geography: Ghana, Germany, Switzerland

Investor stats

  • Total investments: 25
  • Round size: Seed $500k–$1.3M; Series A $1.1M–$10M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
  • EcoNetix — Leading Carbon Asset Manager for voluntary and compliance markets (CORISA, Art.6), we help companies reduce emissions, offset with high-integrity credits, and communicate impact.
  • Circadian Technologies GmbH — AI-driven VPP unlocking revenue for telecom towers.
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Valuechain Innovation Fund
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Ethiopia startups

Valuechain Innovation Fund is a venture capital firm managed by Spiral Capital.

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Investment focus

  • Industry: Diving, Retail, GreenTech
  • Stage:Series A, Seed, Series B
  • Geography: Japan, Ethiopia

Investor stats

  • Total investments: 13
  • Round size: Series A $2M–$8M; Series B $1.9M–$9.2M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Route-D — Route-D is an operation management app that improves operating income and expenditures and manages logistics operations.
  • Stayway — Stayway is operating the world's largest hotel and vacation facility search and comparison site.
  • Yosemite — Yosemite is a wellness company that provides health and wellness products, supplements, skincare, and personal care items.
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Team Ignite Ventures
VC Fund · California City, California, United States · 1 investments in Ethiopia startups, 44 in the past 12 months

We're experienced operators helping to ignite and scale startups

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 294
  • Round size: Seed $1M–$6.3M; Pre-Seed $400k–$1.5M; Series A $17M–$25M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • JustAI — An AI-first modern enterprise marketing stack that sets you in an always-on, set-and-forget motion. Increase your experimentation velocity and keep your team lean! Say goodbye to manual campaign management.
  • Resolv — Resolv helps contractors win more jobs with rebate savings, file permits in clicks, register warranties automatically, and run AI Playbooks on the rest of their pipeline.
  • Herd Security — HerdAI is the agentic training platform that turns your policies and live threats into microlessons in minutes, delivered in Slack and Teams. GRC and security leaders hit 100% audit-ready without chasing completions.
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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Ethiopia startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2213
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$645k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Praktiki — Praktiki is building the "Decision Layer" for medicine.While medical knowledge doubles every 73 days, frontline clinicians struggle to translate guidelines into practice. Current AI search tools excel at surfacing public data from clinical trials, but fail to capture "how" experts apply that evidence in real-world scenarios.Praktiki fills this gap. We utilise an AI Agentic Creator Engine to capture tacit specialist reasoning and fuse it with public evidence. This feeds a proprietary Expert Knowledge Graph that powers: 1) Microlearning: Case-based modules created 10x faster and which are 170% more effective than traditional education 2) AI Expert Guidance: Real-time decision support synthesising evidence with expert implementation strategies.2025 Traction - our MVP proved that solving the expertise gap drives high engagement: - Registered >10% of UK GPs - 60,000+ modules completed with an 85% completion rate - 51% month-over-month growth - Market-leading NPS of 83We are building a compounding data moat to expand beyond education into clinical intelligence and healthcare data solutions.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
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yonatan wondwosen belay
Angel · 1 investments in Ethiopia startups

yonatan wondwosen belay

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Investment focus

  • Industry: Transportation
  • Stage:Pre-Seed
  • Geography: Ethiopia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tolo — Automated E bike Transportation Services including -E bike Transport -Parcel Delivery -Other On-Demand services
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DEG
VC Fund · Overland Park, Kansas, United States · 1 investments in Ethiopia 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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Vibe VC
VC Fund · 1 investments in Ethiopia startups

We were told no one would take us seriously as investors without a website, so here's our website.

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Investment focus

  • Industry: Financial Services, Finance, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Zambia

Investor stats

  • Total investments: 12
  • Round size: Seed $3M–$12M; Pre-Seed $250k–$4.5M; Series A $8M–$33M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Carry — Ocho is everything you need to build wealth as a business owner.
  • Qene Games — Qene Games is an award-winning software development firm operating from Addis Abeba, Ethiopia. Founded in 2017, the company has been focused on developing and publishing video games while providing game development outsourcing, game art outsourcing, and other software development services.
  • Hone Health — Hone Health is a telehealth clinic that helps people improve healthspan through advanced biomarker testing, clinician-guided care, and personalized protocols.
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Jaza Rift Ventures
VC Fund · Mombasa, Coast, Kenya · 1 investments in Ethiopia startups

Jaza Rift Ventures invests in the most innovative and invention-based healthcare firms at the pre-seed, seed, and series A stages. Jaza Rift Ventures is a healthcare venture capital firm that invests in innovative early-stage entrepreneurs including healthtech, medtech, and biotech businesses.

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Investment focus

  • Industry: Health Care, Health Diagnostics, Information Technology
  • Stage:Venture - Series Unknown, Pre-Seed, Seed
  • Geography: Nigeria, Ghana, Kenya

Investor stats

  • Total investments: 8
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Plateaumed — Level up your medical practice with our world-class EHR
  • Kena Health — Talk to a nurse, doctor or mental health professional on your smartphone with the Kena Health App. Affordable primary healthcare for South Africans. Download Now.
  • Intron Health — Voice AI Built for How Africa Speaks Our next-generation intelligent voice model built from the ground up for AfricaUnlike Global systems retrofitted for the continent Sahara v-2 understands how Africa actually sounds Build with Sahara Try Sahara Built for African SpeechFrom Lagos Call Centers, to Hospitals in Nairobi, Boardrooms in Cape Town, and Courtrooms in
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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Ethiopia 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 — A wellness + farm to skin brand that creates pampering experiences and luxurious natural personal grooming products. Sharing Africa!
  • Mukuru Clean Stoves — Earthshot Prize Winner 2022. We use recycled metal to manufacture improved, efficient and affordable cookstoves.
  • 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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CrossFund
VC Fund · Singapore, Central Region, Singapore · 1 investments in Ethiopia startups

For Angels, By Angels

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Investment focus

  • Industry: FinTech, Marketplace, Financial Services
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Pakistan, Nigeria, Vietnam

Investor stats

  • Total investments: 23
  • Round size: Seed $90k–$2M; Angel $22k–$315k; Pre-Seed $56k–$2.5M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Nuvolaris — Speed up #CloudNative Development and Run Anywhere. #Nuvolaris: #Serverless #Stack for #Everyone
  • Swag Kicks — Guaranteed Original Sneakers, Trainers and Casual Shoes. Easy Return & Exchange.
  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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Eight Capital
VC Fund · Mumbai, Maharashtra, India · 1 investments in Ethiopia startups

At Eight Capital, we leverage Y Combinator heritage to support tech startups through innovative funding strategies, deep market insights, and a global network, propelling them to success

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Post-IPO Equity
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 122
  • Round size: Seed $500k–$5M; Pre-Seed $500k–$500k; Post-IPO Equity $5M–$132M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Martin — Martin manages your calendar, inbox, SMS, phone calls, WhatApp, Slack, and more. Call, text, or email your AI assistant.
  • Crimson — The AI platform built specifically for litigation lawyers. Analyze case files, draft documents, and prepare for trial with AI that understands disputes.
  • Bolna — Powering Voice AI for India (@ycombinator f25)
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Amadou Daffe
Angel · Addis Ababa, Adis Abeba, Ethiopia · 1 investments in Ethiopia startups

Amadou Daffe is the co-founder and current CEO of Gebeya. He also co-founded CODERS4AFRICA.

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Investment focus

  • Industry: SMS, Android, FinTech
  • Stage:Pre-Seed
  • Geography: Ethiopia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EPhone — EPhone is a dialer and SMS application. They offer features like managing user SMS and calls, saving money, and smart notifications. They instantly updated the package list.
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Norfund
VC Fund · Oslo, Oslo, Norway · 1 investments in Ethiopia startups

Norwegian investment fund for developing countries

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Investment focus

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

Investor stats

  • Total investments: 104
  • Round size: Debt Financing $2.2M–$156M; Private Equity $7.4M–$125M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
  • Yarych Confectionery — Yarych Confectionery operates as a packaged biscuits producer. Yarych Confectionery provides packaged biscuits market with its branded Maria, petit beurre and The Crackers biscuits.
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For Seasons
VC Fund · 1 investments in Ethiopia startups

For Seasons is an investment firm.

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Investment focus

  • Industry: Manufacturing, Electric Vehicle
  • Stage:Series A
  • Geography: Ethiopia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Ethiopia startups

Kaleo Ventures is an investment firm prefers to invest in early-stage companies across Africa.

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Investment focus

  • Industry: Financial Services, Information Technology, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 56
  • Round size: Seed $25k–$2.7M; Pre-Seed $50k–$1M; Series A $100k–$15M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Cuoral — Proactive customer success and engagement. We help you reduce customer churn and increase retention and revenue.
  • BankWise — Liga123 merupakan situs slot jackpot 888 slots paling gacor dan juga platform ini terdata paling banyak dicari hari ini karena memiliki akses yang mudah tanpa harus menggunakan Apk tambahan seperti VPN untuk memainkan game favorit.
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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Ahmed Al Alola
Angel · 1 investments in Ethiopia startups

Ahmed Al Alola

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Investment focus

  • Industry: Information Technology, SMS, Rental
  • Stage:Seed, Pre-Seed
  • Geography: United Arab Emirates, Egypt, Ethiopia

Investor stats

  • Total investments: 4
  • Round size: Seed $450k–$2M; Pre-Seed $200k–$220k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • EPhone — EPhone is a dialer and SMS application. They offer features like managing user SMS and calls, saving money, and smart notifications. They instantly updated the package list.
  • invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
  • Jalebi — An award-winning restaurant point of sale (POS) & inventory management system thathelps you save 5% on the cost of every order served.
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Addis Alemayehou
Angel · Addis Ababa, Adis Abeba, Ethiopia · 1 investments in Ethiopia startups

Addis Alemayehou is managing partner at 251 Communications.

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Investment focus

  • Industry: B2C, E-Commerce, Food Delivery
  • Stage:Seed
  • Geography: China, Ethiopia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • beU delivery — Food delivery service
  • Xiaoman Technology — Xiaoman Technology is a food delivery platform that delivers food and services to the marketplace.
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Impact Angel Group
VC Fund · Boulder, Colorado, United States · 1 investments in Ethiopia startups

The Impact Angel Group operates as a network of angel investors. It focuses on deal sourcing, investment screening, and due diligence. The Impact Angel Group was founded in 2012 and is headquartered in Boulder, Colorado.

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Investment focus

  • Industry: Food Delivery, Food and Beverage
  • Stage:Seed
  • Geography: Ethiopia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Deliver Addis — Ethiopia's #1 online delivery service featuring some of the best spots in town.
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MiraclePlus
VC Fund · Haidian, Beijing, China · 1 investments in Ethiopia startups, 15 in the past 12 months

MiraclePlus invests in and accelerates early-stage startups. MiraclePlus assists startups in developing products that are good enough to succeed in the market. MiraclePlus' acceleration program works with the founders to get each team in top shape so that they can present to thousands of investors on Demo Day.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 76
  • Lead/follow: no public data

Portfolio highlights

  • TestSprite — AI powered fully automated end-to-end testing solutions to help enterprises launch their products faster.
  • Excellent Vision — Excellent Vision is a spatial intelligence company focused to transforming video creation into a 4D world model, enabling AI big models to grasp, generate, and reason about 4D space.
  • Gongji Technology — Gongji Technology is an idle computing power sharing platform that combines distributed computing power with leading scheduling techniques to address elastic computing power requirements.
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Musashi Seimitsu Industry
VC Fund · Toyohashi, Aichi, Japan · 1 investments in Ethiopia startups

This is the official website of Musashi Seimitsu Kogyo Co. Musashi Seimitsu Kogyo develops, manufactures, and sells differentials, transmission gears, ball joints, and other products for automobiles and motorcycles. While promoting the development of products such as powertrains, suspensions, and steering systems for next-generation vehicles such as electric vehicles and automated driving, we are also focusing on the creation and expansion of a wide range of new businesses, including the promotion of Industry 4.0 through the development of advanced AI technology and the development of open innovation to contribute to the achievement of the SDGs in a wide range of areas. We are also focusing on the creation and expansion of new businesses.

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Investment focus

  • Industry: Electric Vehicle, Automotive, Electronics
  • Stage:Series A, Series C, Pre-Seed
  • Geography: Japan, United States, Israel

Investor stats

  • Total investments: 8
  • Round size: Series A $2.3M–$20M; Series C $25M–$610M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
  • TANAAKK — TANAAKK provides “HITSERIES”, Growth-as-a-Service especially for Fortune Global 500 in-house startups to migrate R&D fruits into cloud-native scalable SaaS. HITSERIES delivers reference architecture, platform and related DevOps, RevOps, EquityOps services. There is annually US$190 R&D expenditure solely in Japan. TANAAKK find growth optionin R&D, selecting right cloud business scheme and enabling liquidity for discounted intellectual assets. Usually supporting conglomerate to achieve new $100M SaaS revenue in 5 years.
  • Monarch Tractor — Monarch Tractor designs and manufactures fully electric, driver-optional smart tractors for the agricultural sector. The company integrates robotics, electrification, and data analytics into its equipment to support more sustainable and efficient farming practices. Its flagship product enables autonomous operation and real-time data collection,allowing farmers to monitor field conditions, crop health, and machinery performance. Monarch Tractor's technology stack includes a software platform that supports remote fleet management, machine learning-based insights, and compatibility with third-party farm management systems. The equipment is built to perform standard agricultural tasks such as tilling, mowing, and spraying, while reducing noise and emissions compared to traditional diesel-powered machines. The company targets use cases in vineyards, orchards, and other specialty crop environments where precision and automation can significantly impact productivity and operational costs.
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Oxfam’s Enterprise Development Programme
VC Fund · Oxford, Oxfordshire, United Kingdom · 1 investments in Ethiopia 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: AgTech, Retail, Software
  • Stage:Seed, Grant, Series A
  • Geography: Uganda, 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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Addis Abeba Angels Network
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 1 investments in Ethiopia startups

A group of individual investors whose aim is to promote economic development and sustainability in Ethiopia. https://t.co/5v3Xo4wQPZ

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Investment focus

  • Industry: Delivery, Logistics, Supply Chain Management
  • Stage:Seed
  • Geography: Ethiopia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Eshi Express — Eshi Express is a courier firm that offers business logistics solutions. They offer doorstep delivery through a professional service with a live tracking facility, enabling customers to receive their products.
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Nissay Capital
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Ethiopia startups

Nissay Capital is a venture capital Company specializing in seed, start-up, growth capital, middle stage, and later stage investment.

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Investment focus

  • Industry: Health Care, Information Technology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, United States, Ethiopia

Investor stats

  • Total investments: 264
  • Round size: Seed $565k–$43M; Series A $2M–$71M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Welyco — Welyco is an information technology company.We operate smart restaurant "solto". Utilize IT to realize efficient and diverse restaurant management.
  • Toranotec — TORANOTEC CORPORATION aims to create a world where investment is familiar to everyone by realizing "from consumption to investment" through the services of asset management subsidiaries , utilizing advanced technology.
  • Zeal Boxing Fitness — Zeal Boxing Fitness combines power of sports with the power of technology to provide a service that allows to enjoy fitness.
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Faisal Alabdelsalam
Angel · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Ethiopia startups

Faisal Alabdelsalam is the Founder and CEO of Zetta Technologies. He previously worked at STC as a Database Manager. Faisal Alabdelsalam attended King Saud University.

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Investment focus

  • Industry: Information Technology, E-Commerce, Mobile Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 13
  • Round size: Seed $150k–$2M; Pre-Seed $200k–$1.5M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • Bekia — We are proud to say that Bekia is the most flexible company when it comes to recycling.
  • SIDEUP — SIDEUP provides you with all the necessary tools to grow your business through a hassle-free experience from local and global logistics support, storage services, and innovative and real-time dashboards.
  • T7D Gaming — Gaming infrastructure for 600M+ players across MENA. Home of Pulse.
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Core Vision Investments
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Ethiopia startups

Core Vision Investments operates as a venture capital firm.

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Investment focus

  • Industry: FinTech, Software, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, Egypt, Singapore

Investor stats

  • Total investments: 43
  • Round size: Seed $150k–$5M; Pre-Seed $1M–$1.6M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Oumla — Secure, scalable blockchain infrastructure for businesses, enterprises, and governments to manage digital assets with ease and compliance.
  • Uvera — Long Lasting Fresh Food
  • Zetta Technologies — Zetta Technologies is a Device as a Service (DaaS) provider with a unique business model. With us you get a complete service that enables sustainability, increases your flexibility, simplifies your operations, gives financial control, and decreases the total cost of ownership.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Ethiopia startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 559
  • Round size: Seed $1.1M–$10M; Series A $4.2M–$28M; Series B $9M–$55M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Prysm Systems — An interactive video wall is a powerful digital display option that sees your message. touch screen display designed for application commercial grade retail.
  • EcoVadis — Ratings platform to assess corporate social responsibility and sustainable procurement. Solutions include risk monitoring, audit management and sustainability ratings.
  • Brevo — Brevo is a developer of a cloud-based digital marketing platform used to meet the demand of businesses to engage with customers. Its platform encompasses the entire chain, from the creation of a newsletter to analysis and reporting tools to targeting modules that enable businesses, eCommerce sellers, and agencies to build customer relationshipsthrough digital marketing campaigns, transactional messaging, and marketing automation.Unlike other marketing solutions built for enterprise-level budgets and expertise, Sendinblue tailors its all-in-one suite to suit the marketing needs of growing SMBs in tough markets.The company was founded in 2012 and is headquartered in Paris, France.
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Buko Ventures
VC Fund · Makati, Manila, Philippines · 1 investments in Ethiopia startups

Value-add angel funding for Philippines startup founders.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Pre-Seed, Seed
  • Geography: Philippines, Singapore, Kenya

Investor stats

  • Total investments: 29
  • Round size: Seed $600k–$2.2M; Pre-Seed $12k–$1.2M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • GoRocky — GoRocky is a men’s online health clinic where one can process discreet and doctor-prescribed treatments delivered to their door.
  • Jamii.one — A free digital tool to optimise the efficiency and finances of saving communities.
  • Shoppable Business - Next Gen B2B Marketplace — Shoppable Business is a trusted, hassle-free B2B eCommerce marketplace for buying and selling 100% authentic branded products and services in the Philippines.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Ethiopia startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 520
  • Round size: Post-IPO Debt $18M–$726M; Debt Financing $16M–$352M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Ukrposhta — Ukrposhta sends and receives shipments from all over the world, as well as orders mail products sent to the most distant corners.
  • 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.
  • Santander Brasil — Banco Santander in Brazil, its largest division in Latin America and one of the world's most important, accounting for 50%.
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British International Investment
VC Fund · London, England, United Kingdom · 1 investments in Ethiopia startups

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 322
  • Round size: Series B $13M–$70M; Debt Financing $6.8M–$100M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • M-KOPA — M-KOPA provides connected asset financing solutions for underbanked customers. Its platform combines digital micropayments and IoT connectivity to offer access to products including solar lighting, televisions, fridges, smartphones, financial services, and more.
  • Liquid Intelligent Technologies — Liquid Intelligent Technologies, a business of Cassava Technologies is a pan-African technology group with capabilities across 14 countries, primarily in Sub-Saharan Africa.
  • Veritas Finance — Veritas Finance focuses on meeting the financial needs of the micro, small, and medium enterprises. Veritas Finance Private Limited is an organization started with the primary intention of reaching out to the customers who either have no access or inadequate access to financial services in the informal sector. 'Veritas' in Latin meanstruth. True to its name, Veritas is focused on making a true impact through inclusive access to financial services on the customers engaged in informal activities.The company is run by professionals with rich experience in the financial services industry that aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities and who actually build the nation.
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CBC Group
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Ethiopia startups

CBC Group imports and exports synthetic resins, chemicals, pharmaceuticals, foods, electronics components, and optical equipments.

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Investment focus

  • Industry: Manufacturing, Apps, News
  • Stage:Series A, Seed
  • Geography: Japan, Ethiopia, United States

Investor stats

  • Total investments: 12
  • Round size: Series A $4.3M–$50M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
  • Sotas — Sotas provides services to chemical trading companies and bridges the gap between raw material producers and consumers.
  • Regional Fish — Regional Fish provides seed, seedlings, aquaculture methods and fisheries services.
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Investor funding in Ethiopia at a glance

Stats across 156 deals from 95 investors.

95
investors
in Ethiopia startups
156
deals
in Ethiopia startups
$250k
median round
in Ethiopia startups
60%
lead investors
lead at least one round
37%
Grant
most common funding stage
93/7
VC / Angel
share of investor count

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Angel investors in Ethiopia by industry