Funded Startups in Addis Ababa
Among the 6 most recent Addis Ababa–based entries shown, the largest disclosed round is MIDROC Ethiopia’s $80M (Series Unknown) on 2026-06-10, which dwarfs…
Among the 6 most recent Addis Ababa–based entries shown, the largest disclosed round is MIDROC Ethiopia’s $80M (Series Unknown) on 2026-06-10, which dwarfs the rest of the disclosed amounts (the next-largest is far smaller at $250K for Gebeya on 2026-02-02). A clear sector tilt also appears: Commerce and Shopping shows up twice (Gebeya in 2026-02-02 and Shemach in 2022-09-22), alongside Financial Services (Chapa, 2024-10-16) and Transportation (Wetruck AI, 2025-06-09), with Other spanning MIDROC Ethiopia and ConDigital.
Timing is concentrated near the present: 4 of 6 rounds fall in 2024–2026 (2026-06-10, 2026-02-02, 2025-06-09, 2024-10-16). By disclosure, 5 of 6 entries are labeled “Series Unknown,” and 1 entry is “undisclosed” at Wetruck AI (2025-06-09), suggesting most sizing and deal structure details are incomplete in this slice.
Most recent rounds
6 shownRelated listings
Frequently asked
What’s the largest recent disclosed round in this Addis Ababa set, and is it meaningfully larger than the rest?
MIDROC Ethiopia’s $80M (Series Unknown) on 2026-06-10 is the only disclosed round in the tens-of-millions range here and dwarfs the next-largest disclosed amount, which is Gebeya’s $250K on 2026-02-02.
Do the rounds cluster in a narrow window near the most recent dates?
Yes. 4 of 6 rounds were dated 2024–2026 (Chapa 2024-10-16, Wetruck AI 2025-06-09, Gebeya 2026-02-02, MIDROC Ethiopia 2026-06-10), with the remaining two older entries in 2022 and 2021 (Shemach 2022-09-22, ConDigital 2021-09-20).
Which stage labels dominate, and how often is the amount or series not specified?
“Series Unknown” appears in 5 of 6 rows (MIDROC Ethiopia 2026-06-10, Gebeya 2026-02-02, Wetruck AI 2025-06-09, Chapa 2024-10-16, and the two “Series Unknown” classifications). One row is explicitly “undisclosed” on amount (Wetruck AI, 2025-06-09), while the remaining two disclosed stages are Pre-Seed (Shemach 2022-09-22 at $50K; ConDigital 2021-09-20 at $100K).
Are any sectors over-represented compared with others in this slice?
Commerce and Shopping is the most repeated sector at 2 of 6 rows (Gebeya, 2026-02-02 at $250K; Shemach, 2022-09-22 at $50K). The other sectors shown are each represented once: Transportation (Wetruck AI, 2025-06-09, undisclosed), Financial Services (Chapa, 2024-10-16 at $100K), and Other (MIDROC Ethiopia at $80M; ConDigital at $100K).
Which entries look like outliers worth prioritizing for diligence based on deal size disclosure?
The $80M round at MIDROC Ethiopia (2026-06-10) is the standout size outlier relative to the rest of the disclosed amounts. On the other extreme, Wetruck AI’s deal amount is “undisclosed” (2025-06-09), making it the only row without a disclosed figure for comparison.
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