Scale Ethiopia

Welcome to Scale Ethiopia

About Us

Our Partners

Our Partners & Supporters

Our partners span grant givers and other funding channels to service providers. We provide an ECO-system to ease and support venture growth.

About Scale Ethiopia

In 2022, Ethiopian startups secured approximately $8 million in funding, a stark contrast to the $1.2 billion raised by their Kenyan counterparts. This disparity highlights the urgent need for a shift in the narrative surrounding investment in Ethiopia’s burgeoning entrepreneurial landscape.

Scale Ethiopia’s mission is clear: to mobilize investors to back promising Ethiopian startups and SMEs. The initiative focuses on mitigating risks and creating co-investment opportunities, fostering a collaborative environment where local businesses can thrive.

Join As An Investor

About The
Investment Program

Read more about the Scale Ethiopia program for investors. This is a great opportunity to learn more about investing into growth businesses back home

Our Story

Learn more about Scale Ethiopia and check out our magazine. It shares some good overview of the startups in the program, our mission and partners

Sign Up As An Investor

Sign up and participate in supporting Ethiopian growth businesses to drive job creation and positive change

Venture Stories

Meet Our Startups

Ventures we work vary in size, focus and ambition level. Here straight from the companies. It is all about product, processes and impact

BeSingularity

BeSingularity is an innovative digital platform based in Ethiopia that
focuses on sales recruitment, training, and
outsourcing.

BFarm Tech

We provide a user-friendly and multilingual digital platform that connects farmers, skilled operators/mechanics, and mechanization service providers.

Tolo

Tolo Ride, an on-demand motorbike ride-hailing service, and Tolo Delivery, an on-demand motorbike delivery service for documents, parcels.

Buy2go

Buy2go is one of the leading Ethiopian E-commerce companies that creates work opportunities for top talent. We are committed to providing our customers with the best-in-class shopping experience. 

JEMLA

JEMLA provides a digital platform that connects informal retailers with suppliers, facilitating the procurement of a wide range of consumer goods and
essential products.

ZMall

ZMall Delivery is an e-commerce and gig platform based in Addis Ababa, Ethiopia. It operates as an online marketplace offering various services, including retail, food, pharmacy, and laundry with delivery options.

How we selected the startups

In operation for 1+ years

Annual revenue above $10,000

Core management team in place

Clear potential and commitment for growth, job creation & positive impact

Openness and suitability for equity investment

Evidence of Market progress

FAQ

Frequently Asked Questions

All application forms must be submitted online via the provided application link.

No, we only accept online submissions.

Yes, you can apply as long as your business meets other criteria. Please select “other” from the drop-down list.

No, there is no application fee

At this stage of application, no additional documents are needed. However, you will be asked for company documents during later interview stages and will receive prior notification for this request.

The Scale Ethiopia Program is a 2-year multi-stage programme. It begins with an application and selection process, followed by an investor readiness program, and continues with post-program support. The duration of each stage may vary, but the entire programme is designed to guide start-ups through their growth journey.

Investors passionate about driving innovation and seeking groundbreaking opportunities can become involved in several ways. You can share your expertise as advisors, or become essential funding partners. Additionally, you can provide information on industry trends and emerging technologies relevant to the project’s objectives. We invite you to connect with us to learn more about exciting collaboration prospects that align with your vision.

For any technical issues, please send an email to info@pangeaaccelerator.com