Ethiopian Startup Kubik Secures $1.9 Million in Seed Funding to Expand Operations
- Kubik, an Ethiopian startup, has secured $1.9 million in seed extension funding.
- The investment was contributed by African Renaissance Partners, Endgame Capital, and King Philanthropies.
- Kubik plans to expand its operations in Ethiopia and across Africa, enhance technology, empower more female waste collectors, and accelerate its growth objectives.
The funding secured by Kubik is a significant boost for the startup's expansion plans. By transforming plastic waste into building materials, Kubik addresses both housing and waste challenges in Africa. The innovative product and the focus on sustainability make Kubik well-positioned for success in the construction industry.
