Recently Funded Startups in Ethiopia (Aug-2025)
Last Updated: 30-Aug-2025
Ethiopia’s startup ecosystem has been gradually gaining momentum, driven by a burgeoning entrepreneurial spirit and a young, tech-savvy population. The country has seen increased interest from investors looking to tap into emerging markets, which is vital for fostering innovation and creating jobs. Despite the challenges that many startups face in accessing funding, the growth of sectors such as transportation is contributing to a more vibrant landscape, attracting attention from both local and international stakeholders.
In August 2025, the funding landscape in Ethiopia continued to evolve, albeit at a measured pace. With only five startups tracked and just one securing funding last year, the scene remains competitive yet promising. This year has already seen another startup obtain funding, highlighting the resilience and adaptability of Ethiopian entrepreneurs as they navigate unique challenges and seize new opportunities in a rapidly changing economy.
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: N/A
- Largest deal: Wetruck AI, Series Unknown, $N/A
- Top industries by funding amount (in USD): 1. N/A, $N/A
- 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 Ethiopian startups were funded recently (Aug-2025) and how many startups do you track?
Our database tracks 5 startups in Ethiopia; 1 startup raised funding this year (Aug-2025) and 1 startup raised funding last year.
Q3. Which industries are trending in Ethiopia’s recent funding activity?
Transportation is the top industry by number of deals with 1 deal; funding amounts by industry are not disclosed in our records.
Q4. Who raised the largest deal among recently funded startups in Ethiopia?
Wetruck AI is listed as the largest deal; the series and deal amount are 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.
