Kubik, a groundbreaking African sustainable tech startup, has achieved a significant milestone with its $5.2 million seed funding round. This investment makes Kubik one of the first Ethiopian companies to secure multi-million dollar funding for climate and sustainability initiatives.
The round was supported by esteemed investors including African Renaissance Partners, Endgame Capital, and King Philanthropies. Kubik is revolutionizing the environmental tech space by transforming plastic waste into sustainable, durable, and affordable building materials, promoting eco-friendly development across Africa.
The funding will enable Kubik to expand its production capabilities, enhance its team and market presence in Ethiopia, refine its technology to monitor waste and environmental impact, and empower more female waste collectors.