What stage does Cepheus Capital invest at?

Cepheus Capital invests at the Growth stage.

What sectors does Cepheus Capital focus on?

Cepheus Capital focuses on Advanced Manufacturing, Consumer, Healthtech, Impact & Social Good.

Where is Cepheus Capital located?

Cepheus Capital is headquartered in Addis Ababa, ET.

Cepheus Capital

Growth equity

Addis Ababa · Growth · 12 people tracked

★ Follow + Add to CRM ⤳ Find an introduction

✨ Fox Verdict

Investment thesis

Cepheus Capital positions itself as an Ethiopia-focused investment manager, leveraging deep local networks and long-term relationships in Ethiopia alongside international experience in investment and fund management. The firm emphasizes its team's in-depth understanding of the Ethiopian market, macroeconomics, policy, operations, and private-sector needs. It highlights the country's growth prospects — a large population, expanding GDP, real GDP growth, and foreign direct investment — as the backdrop for its investment approach, and stresses its credibility and reputation to manage investments, drive growth, and execute exits.

Invests inAdvanced Manufacturing Consumer Healthtech Impact & Social GoodAfricaEthiopia

Source: firm website, verified Aug 3, 2026.

Stage

Growth

Addis Ababa, ET

Instruments

Equity

Tracked investments

Team · 12 people

from the firm's website

Berhane Demissie· Managing Partner

Co-founder responsible for the fund's overall management in Ethiopia, including deal sourcing, execution, portfolio management and exits, and an Investment Committee member. Previously advised Ethiopia's Public Financial Enterprises Agency and worked in risk management at Citigroup in London.

Kassahun Kebede· Managing Partner

Founder of Cepheus responsible for overall fund management, portfolio management, investor relations and exits, and an Investment Committee member. Previously founded Panton Capital and held senior investment and risk roles at Deutsche Bank and Merrill Lynch.

Helaway Tadesse· Director

Leads transaction sourcing and execution and manages the Cepheus Research & Analytics team. Formerly Senior Vice President at Zemen Bank and a Senior Economist at the IMF.

Timothy Hill· Investment Director

Responsible for transaction sourcing, execution and portfolio management, with over 15 years of experience across real estate, infrastructure, renewable energy and transportation. Previously worked at Macquarie Capital, Ford Motor Company and GE Capital.

Bruk Asfaw· ESG Lead

Leads ESG matters across Cepheus and its portfolio companies as well as legal analysis. Previously interned at the UN Office in Addis Ababa on the UN Development Assistance Framework.

David Zezza· External Investment Committee

External Investment Committee member and founding member of Pacific Advantage Capital. Previously a Senior Managing Director at Citadel and Global Head of Emerging Markets at Deutsche Bank.

Filagot Sileshi· Research Manager

Research Manager focused on macroeconomic, sector and industry analysis. Previously worked at Moyee Coffee, Fase Consultancy and Technoserve Ethiopia.

Henok Alula· Accounts

Maintains the firm's books of accounts and handles governmental filings, while also providing transaction support to the investment and operations teams. Previously worked as a tax and compliance consultant.

Kidest Seraye· Junior Analyst and Office Administrator

Junior Analyst and Office Administrator providing analytical, research and administrative support, working closely with the ESG and Research team.

Peter Yendell· External Investment Committee

External Investment Committee member and senior private equity practitioner with over 20 years' experience, including 18 years at 3i plc as a Partner in its global Growth Capital business.

Salahadin Tsihira· Operations Director

Handles pre-investment operational due diligence and post-investment portfolio company operations. Brings over 17 years of operations management consultancy experience, formerly at Parisella Vincelli Associates and IBM/Celestica in Canada.

Teshager Demissie· Associate Investment Director

Responsible for investment analysis, joining from Grant Thornton Ethiopia where he worked on due diligence and financial analysis, and previously RENEW Strategies as a Portfolio Analyst.

What they invest in

from 2 of 5 portfolio companies

FoodTech ×2AgTech ×1Consumer ×1

HQs:Ethiopia×1European Union×1

Investments · 5 tracked

founders shown can be your intro path

East African Lion Brandseastafricanlionbrands.com

Joytech PLCjtfresh.com

Joytech (JTFresh) is an Ethiopian agricultural producer operating two farms near Addis Ababa, with business lines in plant propagation, fresh herbs and niche vegetables, cut flowers, and prepacking distribution and trading.

AgTechFoodTechAddis Ababa, EU

JP Textile Holding Company Limitedjptexet.com

Komari GmbH & Co. KGkomari.comin 𝕏

Komari is a beverage company that produces and distributes beverages for consumer markets.

ConsumerFoodTech

Tinawflowertinawflower.com

Frequently asked questions

What stage does Cepheus Capital invest at?: Cepheus Capital invests at the Growth stage.
What sectors does Cepheus Capital focus on?: Cepheus Capital focuses on Advanced Manufacturing, Consumer, Healthtech, Impact & Social Good.
Where is Cepheus Capital located?: Cepheus Capital is headquartered in Addis Ababa, ET.

Similar investors

Giant Ventures Global Llp

Giant Ventures is a venture capital firm investing across sectors including AI, climate, health, energy and fintech, and also incubates some of its own companies. Its portfolio spans roughly 48+ companies across the US and Europe.

$2M

UOB Venture Management

UOB Venture Management is a Singapore-based venture management firm whose products are offered exclusively to accredited and institutional investors.

$10M – $50M

Fujitsu Ventures

Fujitsu Ventures is the corporate venture arm of Fujitsu Limited, investing in startups worldwide to foster innovation and accelerate digital transformation.

Northstar Ventures

Northstar Ventures is a UK venture capital firm based in the north of England that invests in early and later stage high-growth companies tackling global challenges, with a focus on climate tech and healthy ageing.

$38.1K – $1.3M

Asia Business Builders

Asia Business Builders (ABB) is an advisory and investment firm focused on Vietnam and broader Asia, making strategic investments and originating/advising on cross-border M&A transactions across multiple industries.