Fundz

Kubik raised $1.9M in a seed extension led by African Renaissance Partners, Endgame Capital, and King Philanthropies to scale its operations in Ethiopia

PRIVATEApr 29, 2024

Amount Raised

$1.9 Million

Round Type

Seed

Manufacturing

Investors

King PhilanthropiesEndgame CapitalAfrican Renaissance Partners

Description

Ethiopian plastic upcycling startup Kubik has raised a $1.9 million seed extension led by African Renaissance Partners, Endgame Capital, and King Philanthropies. The fresh capital will be used to scale its operations in Ethiopia and lay the groundwork for pan-African growth from 2025.

Quick answer

Kubik raised $1.9 Million in a Seed round, dated April 29, 2024. Investors: King Philanthropies, Endgame Capital and African Renaissance Partners.

How much did Kubik raise?
Kubik raised $1.9 Million in a Seed round on April 29, 2024.
Who invested in Kubik?
King Philanthropies, Endgame Capital and African Renaissance Partners are named as investors in this round.
What does Kubik do?
Kubik has a technology that helps countries reduce their carbon and plastic footprint.
Who are the decision-makers at Kubik?
Fundz holds 1 contact at Kubik. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Kubik that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • Echion Technologies raised $38M (Series B) on June 13, 2024.
  • Distance Technologies raised $2.7M (Pre-Seed) on June 13, 2024.
  • Ethereal Machines raised $13M (Series A) on June 13, 2024.
  • Indigrid raised $5M (Funding Round) on June 13, 2024.
  • UNIGRID Battery raised $12M (Series A) on June 13, 2024.

Who to call at Kubik, and when

A new round usually means Kubik is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Kubik

About

Kubik has a technology that helps countries reduce their carbon and plastic footprint. We turn hard-to-recycle plastic waste into low-cost, low-carbon, interlocking building material by removing waste from the environment and creating ultra durable, safe, and affordable buildings. We are on an unwavering mission to build dignity through clean and affordable living for all. We are honoured to have been named the Global Startup of the Year 2023 by the Global Startup Awards!

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Kubik raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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