An unknown seed funding round from the GIIG Africa Fund has been received by Kubik, an environmental technology startup that uses plastic trash to create low-carbon, long-lasting, and inexpensive buildings. The funding round is intended to scale production capacities in East Africa.
By recycling plastic trash, Kubik’s technique creates a range of affordable, low-carbon building materials that can take the place of pricy, noxious cement-based products. The manufacturer asserts that compared to conventional materials, its product is at least 40% less expensive, twice as quick to construct, and five times less polluting.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard