FundedIQ

Funded Startups in Ethiopia

Across the 5 most recent funded entries in Ethiopia, the only disclosed amount at the high end is Chapa’s $100K round (2024-10-16).

Across the 5 most recent funded entries in Ethiopia, the only disclosed amount at the high end is Chapa’s $100K round (2024-10-16). The other disclosed amounts shown are $100K again for ConDigital (2021-09-20) and $50K for Shemach (2022-09-22), with the remaining entries (Wetruck AI on 2025-06-09 and beU delivery on 2022-05-16) marked undisclosed.

Date-wise, the page shows a tight city concentration: all 5 are based in Addis Ababa, and three rows cluster in 2022 (beU delivery 2022-05-16, Shemach 2022-09-22, and the nearby sequence leading into that period). Stage and disclosure mix are split: 2 of 5 rounds are “Series Unknown,” 2 of 5 are marked undisclosed, and only one row each shows a clearly labeled Pre-Seed, Seed, and 2025-dated entry (Wetruck AI). The time span covered runs from 2021-09-20 (ConDigital) to 2025-06-09 (Wetruck AI).

Most recent rounds

5 shown
W
Wetruck AI
Addis Ababa, Ethiopia · Transportation
Series Unknown · Jun 2025
Undisclosed
C
Chapa
Addis Ababa, Ethiopia · Financial Services
Series Unknown · Oct 2024
$100k
S
Shemach
Addis Ababa, Ethiopia · Commerce and Shopping
Pre-Seed · Sep 2022
$50k
B
beU delivery
Addis Abeba, Ethiopia · Commerce and Shopping
Seed · May 2022
Undisclosed
C
ConDigital
Addis Ababa, Ethiopia · Other
Pre-Seed · Sep 2021
$100k

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Frequently asked

What stands out in the disclosed amounts, and how does it compare to the rest of the Ethiopia entries shown?

The largest disclosed amounts are $100K, held by Chapa (2024-10-16) and ConDigital (2021-09-20). Shemach’s $50K (2022-09-22) is the only other disclosed figure; Wetruck AI (2025-06-09) and beU delivery (2022-05-16) are undisclosed.

Do these recent rounds cluster by location or are there multiple geographies represented?

All 5 entries list Addis Ababa (Adis Abeba) as the city/locale, spanning Wetruck AI (2025-06-09) through ConDigital (2021-09-20). There are no other Ethiopian city locations represented in the 5-row view.

Which companies closed within the tightest recent window shown on the page?

Within the most recent set of dates, two rounds fall after 2024-10-16: Wetruck AI on 2025-06-09 and Chapa on 2024-10-16. The remaining entries are earlier (Shemach 2022-09-22, beU delivery 2022-05-16, ConDigital 2021-09-20).

How does the stage and disclosure mix look across these 5 rows?

Two of the 5 rows are labeled “Series Unknown” (Wetruck AI 2025-06-09 and Chapa 2024-10-16), and two of the 5 amounts are “undisclosed” (Wetruck AI and beU delivery). Only one row each shows Pre-Seed with a disclosed amount (Shemach 2022-09-22 at $50K) and Pre-Seed with undisclosed amount (beU delivery is Seed, but undisclosed), while Seed appears once (beU delivery 2022-05-16, undisclosed).

Are there sector groupings or outliers worth prioritizing for outreach?

Commerce and Shopping shows up twice (Shemach 2022-09-22 and beU delivery 2022-05-16), while Financial Services appears once (Chapa 2024-10-16 at $100K) and Transportation appears once (Wetruck AI 2025-06-09, undisclosed). Sector-wise, no single category dominates beyond the two Commerce and Shopping entries, and the “largest disclosed” amount ($100K) is an outlier versus Shemach’s $50K.

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