Recently Funded Startups in Ethiopia (Nov-2025)
Last Updated: 21-Nov-2025
Ethiopia’s startup ecosystem has been burgeoning in recent years, showcasing the potential for innovation and growth in a country that is often recognized for its rich cultural heritage and agricultural prowess. The collaboration between government initiatives, private investors, and educational institutions has fostered a supportive environment for startups to emerge and develop their unique solutions to local and global challenges. As the nation continues to embrace technology and entrepreneurship, the dynamics of the funding landscape are crucial for propelling these ventures into the next stage of their development.
In the past year, 2025 has marked a period of activity within Ethiopia’s startup sector, particularly with a notable increase in funding compared to previous years. The transportation industry has emerged as a leading sector in terms of deal activity, indicating a growing recognition of the need for innovative logistics and mobility solutions within the country. As startups like Wetruck AI gain traction, the injection of capital allows these businesses to scale their operations, influence local economies, and compete in broader markets.
Funding Highlights
- Total number of startups tracked: 5
- Number of startups that raised funding last year: 1
- Number of startups that raised funding this year: 1
- Total funding raised this year so far in USD Millions: Not specified
- Largest deal: Wetruck AI, Series Unknown
- Top industries by funding amount: 1. Not specified, 2. Not specified, 3. Not specified
- Top industries by number of deals this year: 1. Transportation, 1 deal
Full List of Recently Funded Startups in Ethiopia
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Wetruck AI | Addis Ababa | Ethiopia | Series Unknown | Undisclosed | 2025-06-09 | Transportation |
| Chapa | Addis Ababa | Ethiopia | Series Unknown | $100K | 2024-10-16 | Financial Services |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Ethiopia?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Ethiopia were funded this year and last year?
This year 1 startup raised funding and last year 1 did; we track 5 startups in Ethiopia in total. Total funding amount for this year is not disclosed in our database.
Q3. Which industries are trending among recently funded startups in Ethiopia?
Transportation is the only clearly trending industry this year with 1 deal; other industry-level data and funding amounts are not available in the database.
Q4. What was the largest funding deal in Ethiopia recently?
The largest deal listed is Wetruck AI (series unknown); the deal amount is not disclosed.
Q5. How can I connect with these startups in Ethiopia?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
