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Kazana Fund is a venture capital firm based in Addis Ababa, Ethiopia, that invests in early-stage African startups, primarily at the pre-seed and seed stages. The firm focuses on innovative solutions addressing Africa's challenges in overlooked regions, providing capital ranging from $100,000 to $250,000 per deal. Beyond direct investment, Kazana Fund offers networks, mentorship, and resources to help founders scale and access markets, particularly in East Africa, across sectors such as fintech, agtech, and healthcare. The firm recently announced the launch of an Angel Syndicate to further connect capital and expertise with African founders. Its portfolio includes companies like Kubik, Okoa, and KaFresh, while its leadership team features founding partners Hilina Resom and Addis Alemayehou. Kazana Fund was established in 2022 by Hilina Resom and Addis Alemayehou.
Kazana Fund has 1 tracked investment across 1 company. The latest tracked deal is $3.3M Seed in Kubik in June 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 22, 2023 | Kubik | $3.3M Seed | — | African Renaissance Partners, Andav Capital, Bestseller Foundation, Giig Africa Fund, Plug And Play, Princeton Alumni Angels, Romain Diaz, Savannah Fund, Unruly Capital |