At Kubik, we turn hard-to-recycle plastic waste into low-cost, low-carbon building materials. Our buildings are more durable and affordable than the old way of making buildings- and it’s less polluting. Our vision is to build dignity through clean and affordable living for all. From schools to clinics, homes to warehouses, Kubik is bringing environmental dignity to how countries grow and urbanize. We are honoured to have been named the Global Startup of the Year 2023 by the Global Startup Awards!
Location: Kenya, Nairobi Area, Nairobi
Employees: 1-10
Total raised: $3.3M
Founded date: 2021
Founders name: Kidus Asfaw
Investors 2
| Date | Name | Website |
| - | ShelterTec... | habitat.or... |
| 04.07.2023 | Unruly Cap... | unrulycap.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 09.02.2023 | Seed | $3.3M | - |
Persons 1
| Date | First Name | Last Name | Title | |||
| - | Kidus | Asfaw | CEO & ... | linkedin.c... | - | k***s@buil... |
Mentions in press and media 8
| Date | Title | Description |
| 28.04.2024 | Ethiopian plastic upcycling startup Kubik gets fresh funding, plans to license out its tech | Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment. The startup’s latest investment is from African Renaissance Partners, an East African venture capital firm; End... |
| 28.03.2024 | Satgana announces €8M fund for early-stage climate tech | Satgana, a global VC firm that will invest in climate tech startups throughout Europe and Africa, has closed its first round with €8M invested from more than 100 LPs in 25 countries. With a strategic focus on early-stage climate tech, Satga... |
| 22.06.2023 | Plastic upcycling startup Kubik closes $3.34M seed to scale production in Ethiopia | The amount of plastic waste produced globally is on track to triple to over 1,000 million tons by 2060. The Organisation for Economic Co-operation and Development (OECD) report predicts that developed countries will continue to produce the ... |
| 22.06.2023 | Ethiopian Startup Kubik raises $3.34M to build sustainable homes from recycled plastic waste TechCabal’s 2021 Year-End report Success! | With only 4% of Africa’s plastic waste recycled, and efforts to reduce plastic waste in the continent seeming like a distant dream, this Ethiopian cleantech startup is on a mission to change that by converting plastic waste into affordable,... |
| 16.06.2023 | Three African startups win big at the VivaTech conference, Paris | Post-COVID, Africa has witnessed unprecedented growth in its startup economy and startup investments. African youths are leveraging technology to create innovative and sustainable solutions across multiple sectors, thus attracting huge capi... |
| 15.06.2022 | Global Startup Africa: Partnerships unlock economic growth | The inaugural Global Startup Africa Summit hosted by Wesgro, SA Tourism and the Cape Town International Convention Centre went in search of the key to unlock African innovation on Tuesday 14 June 2022. A packed programme of panel discussion... |
| 15.06.2022 | Global Startup Africa: Partnerships unlock economic growth | The inaugural Global Startup Africa Summit hosted by Wesgro, SA Tourism and the Cape Town International Convention Centre went in search of the key to unlock African innovation on Tuesday 14 June 2022. A packed programme of panel discussio... |
| - | Kubik | “Kubik makes low-carbon buildings from plastic waste. Bringing environmental dignity to how countries grow.” |