Funded Startups in Adis Abeba
Addis Ababa shows a clear size outlier in the disclosed amounts: MIDROC Ethiopia raised $80M on 2026-06-10, while the next-largest disclosed figures in thi…
Addis Ababa shows a clear size outlier in the disclosed amounts: MIDROC Ethiopia raised $80M on 2026-06-10, while the next-largest disclosed figures in this list are much smaller ($100K for Chapa on 2024-10-16 and $50K for Shemach on 2022-09-22; Gebeya’s $250K on 2026-02-02 is still far below $80M). Stage/round reporting is heavily opaque as well: 5 of 7 entries are labeled “Series Unknown,” and 2 of 7 disclosed amounts are “undisclosed” (Wetruck AI on 2025-06-09 and beU delivery on 2022-05-16).
Temporally, the 7 most recent rounds span 2021-09-20 (ConDigital, Pre-Seed) through 2026-06-10 (MIDROC Ethiopia), with clustered activity in the mid-2020s (Wetruck AI on 2025-06-09; Chapa on 2024-10-16; MIDROC Ethiopia on 2026-06-10; Gebeya on 2026-02-02). Sector-wise, Commerce and Shopping appears in 2 entries (Gebeya, Shemach) alongside a repeated “Other” category (MIDROC Ethiopia, ConDigital).
Most recent rounds
7 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Addis Ababa set, and is it comparable to the rest?
MIDROC Ethiopia’s $80M on 2026-06-10 is the only disclosed round above $50K in this list, and it dwarfs the rest (the next-largest disclosed amount is Gebeya’s $250K on 2026-02-02, with Chapa at $100K on 2024-10-16 and ConDigital/Shemach at $100K/$50K in 2021–2022).
How much of the recent activity has undisclosed amounts or “Series Unknown” labels?
Out of 7 rows, 5 are marked “Series Unknown” (MIDROC Ethiopia 2026-06-10, Gebeya 2026-02-02, Wetruck AI 2025-06-09, Chapa 2024-10-16, beU delivery 2022-05-16). Separately, 2 entries show “undisclosed” amounts: Wetruck AI (2025-06-09) and beU delivery (2022-05-16).
Are the most recent closings concentrated into a tight date window?
Four of the 7 rows fall between 2024-10-16 and 2026-06-10: Chapa (2024-10-16, $100K), Wetruck AI (2025-06-09, undisclosed), Gebeya (2026-02-02, $250K), and MIDROC Ethiopia (2026-06-10, $80M). The older anchor points are ConDigital (2021-09-20, $100K) and Shemach (2022-09-22, $50K).
Which stages show up, and do they dominate the mix?
“Series Unknown” is the dominant classification at 5 of 7 entries (including MIDROC Ethiopia, Gebeya, Wetruck AI, Chapa, and beU delivery). The remaining 2 entries have explicit stages: Shemach as Pre-Seed ($50K, 2022-09-22) and ConDigital as Pre-Seed ($100K, 2021-09-20) alongside beU delivery’s Seed label with an undisclosed amount (2022-05-16).
Any sector represented multiple times, and does it correlate with recent dates or size?
Commerce and Shopping appears twice (Gebeya on 2026-02-02 for $250K and Shemach on 2022-09-22 for $50K). Other categories are less repeated in this view (Other appears twice as well: MIDROC Ethiopia on 2026-06-10 for $80M and ConDigital on 2021-09-20 for $100K), but most sectors have only a single entry (e.g., Transportation: Wetruck AI, undisclosed on 2025-06-09).
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