08/03/2021
"Ethiopian start-ups raised $2.245 million USD of disclosed venture capital funding (excluding grants, prize money and non-equity assistance). This is a significant increased from $0.65 million USD closed in 2019. In line with broader trends seen across Africa, pre-seed and seed stage investments in Ethiopia saw significant focus, with the number of deals increasing 60% comparative to 2019." Read the full insight from Baobab on:
In this technology market map we take a look at the start-up and venture capital investment landscape in Ethiopia