Startups in Ethiopia
Updated 23 Oct 2026
23 funded startups are headquartered in Ethiopia. 1 of them closed their most recent round from October 2025 to September 2026. Source: FundingWatcher, October 2026. Data as of 23 October 2026.
23
Startups
23
Rows shown
166,525
All startups
| # | Company | City | Stage | Last round | Date | Total raised |
|---|---|---|---|---|---|---|
| 1 | The Reboot Trading PLC | Addis Ababa | Seed | Seed | 2025-09-06 | $150K |
| 2 | beU delivery | Addis Abeba | Seed | Seed | 2023-07-28 | |
| 3 | Ashewa Technology Solution | Addis Ababa | Series A | Series A | 2021-09-13 | |
| 4 | Qene Games | Addis Ababa | Pre-seed | Pre-seed | 2023-04-20 | |
| 5 | Roha Medical Campus | Addis Abeba | Seed | Seed | 2024-02-22 | $42.0M |
| 6 | EPhone | Addis Ababa | Seed | Seed | 2024-01-01 | |
| 7 | Hulugram | Addis Ababa | Pre-seed | Pre-seed | 2023-08-30 | |
| 8 | YenePay | Addis Ababa | Seed | Seed | 2018-09-15 | |
| 9 | Hello Solar | Addis Ababa | Series A | Series A | 2018-08-15 | |
| 10 | BeBlocky | Addis Ababa | Pre-seed | Pre-seed | 2019-08-06 | |
| 11 | Meltex Textile and Apparel Manufacturing | Addis Ababa | Pre-seed | Pre-seed | 2025-11-14 | $250K |
| 12 | Shemach | Addis Ababa | Pre-seed | Pre-seed | 2022-09-22 | |
| 13 | Tolo | Addis Ababa | Pre-seed | Pre-seed | 2022-02-01 | |
| 14 | Teraki | Bishoftu | Pre-seed | Pre-seed | 2023-01-03 | |
| 15 | Ethiopian Securities Exchange | Addis Ababa | Series A | Series A | 2024-04-04 | |
| 16 | YeneHealth | Addis Ababa | Pre-seed | Pre-seed | 2023-07-27 | |
| 17 | Pragma Investment Advisory | Addis Ababa | Seed | Seed | 2020-01-01 | |
| 18 | Verdant Consulting | Addis Ababa | Seed | Seed | 2017-01-01 | |
| 19 | Seed Balls Ethiopia | Addis Ababa | Pre-seed | Pre-seed | 2022-01-27 | |
| 20 | Bit2pax | Addis Ababa | Seed | Seed | 2019-02-01 | |
| 21 | Across Express | Addis Ababa | Seed | Seed | 2022-01-01 | |
| 22 | Bana Records | Addis Ababa | Seed | Seed | 2022-01-01 | |
| 23 | 4AFRI | Addis Ababa | Series A | Series A | 2010-05-05 | $1.1M |
Table 1. Startups in Ethiopia, by total raised. Source: FundingWatcher. Data as of 23 October 2026. Base: 23.
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Cite: FundingWatcher, 23 startups, 23 October 2026. https://fundingwatcher.com/startups/country/ethiopia/