African Bamboo Construction Materials Engineered From Sustainable Bamboo

African Bamboo’s forest-to-market business model capitalizes on the increased demand for substituting environmentally questionable materials with bio-based materials. We have taken an abundant but underutilized bamboo resource in Ethiopia and are leveraging its physical and mechanical properties to manufacture superior biomaterials. This is backed by our EU technology patents. We are focusing on the construction materials sector, where there is a $1T market in Europe, and our bamboo decking product is engineered to out-perform competing brands currently in the market. This is validated by a €87m off-take agreement we have signed with an Austrian wood products company.
We are post-revenue from our technology and services and are seeking to scale our manufacturing. We are currently raising a $22m Series A, with approximately $6m remaining. We will have diversified hard currency revenues from forestry, wood products, technology licensing, and carbon off-sets.