Kazana Fund
Venture capitalAddis Ababa · Pre-Seed–Seed · 7 people tracked
Investment thesis
Kazana Fund targets pre-seed and seed startups building for East African markets, with particular focus on Ethiopia's newly opening economy of 120M+ people. The firm emphasizes first-mover access to recently liberalized banking, telecom, retail, and capital markets, citing 2022 private banking licenses, the end of the telecom state monopoly, Ethiopia's 2024 lifting of restrictions on foreign investment in trade, and strong sustained GDP growth. It invests across fintech, agritech, healthtech, and cleantech, backing strong teams in real markets rather than fixed categories, and provides hands-on regional support including introductions and regulatory unblocking.
Source: firm website, verified Aug 3, 2026.
Team · 7 people
from the firm's websiteWhat they invest in
from 2 of 2 portfolio companiesB2B Marketplaces ×1Circular Economy ×1Climate Tech ×1Logistics & Supply Chain ×1Mobility & Transportation ×1New Materials ×1
HQs:Ethiopia×1Kenya×1
Investments · 2 tracked
founders shown can be your intro pathKubik operates a circular economy model that turns urban waste, including plastic, into low-carbon building materials for industries such as cement, working with cities and municipalities to improve waste management.
Circular EconomyClimate TechNew Materials
Kidus Asfaw(Founder & CEO)in
Co-investorsEndgame CapitalHalcyonMo AngelsSatganaUnruly Capital
OKOA provides vehicle rescue and repair support for commercial fleets and vehicle manufacturers, using a network of 800+ vetted mechanics, tow trucks and spare shops to reduce downtime.
B2B MarketplacesLogistics & Supply ChainMobility & Transportation
Co-investorsNairobi Business Angel Network
Frequently asked questions
- What stage does Kazana Fund invest at?
- Kazana Fund invests at the Pre-Seed, Seed stages.
- What is Kazana Fund's typical check size?
- Kazana Fund typically writes checks of $100K – $250K.
- What sectors does Kazana Fund focus on?
- Kazana Fund focuses on AgTech, Cleantech, Fintech, Healthtech, Sector Agnostic.
- Where is Kazana Fund located?
- Kazana Fund is headquartered in Addis Ababa, ET.
- Who does Kazana Fund co-invest with?
- Kazana Fund most often shares deals with Halcyon, Mo Angels, Nairobi Business Angel Network, among 6 tracked co-investors.
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