Plastic upcycling startup Kubik closes US$3.34M seed to scale production in Ethiopia

Kubik, an upcycling startup with operations in Kenya and Ethiopia, has closed a US$3.34 million seed funding round, with plans to double down on the production of building materials in Ethiopia before scaling to other countries within Africa. The startup turns hard-to-recycle plastic waste (polyethylene, polypropylene, and polystyrene) into affordable building materials, removing 45,000 kg of plastic waste from landfills every day.