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Ethiopian Software Development firm Addis Software Secures Investment from Japanese VC, ICJ

Ethiopian Software Development firm Addis Software Secures Investment from Japanese VC, ICJ

Addis Software, a software development company focusing on custom software solutions, mobile apps, and web development, has announced a capital investment from Inclusion Japan, a Tokiyo based Venture Capital firm, promoting social impact investments.

The investment structure primarily involves equity/share-based early-stage investment, indicating that Inclusion Japan sees significant value in the company.

According to Abenezer Yakob CEO of Addis Software “While the exact amount of the investment cannot be disclosed at this moment, it represents a significant endorsement of Addis Software’s potential.”

Abenezer underscores the significance of Inclusion Japan’s investment in unlocking Addis Software’s aspirations. According to him, the capital will primarily fuel decentralization efforts, enabling the company to expand its geographical reach and tap into diverse talent pools. Additionally, attracting skilled team members will further empower Addis Software to meet surging demand effectively. This strategic expansion, driven by both decentralization and talent acquisition, is crucial for the company’s ambition to solidify its position as an industry leader with an amplified market presence.

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