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Top 50 Hardware Startup Investors in Nigeria (July 2026)

The most active venture capital funds and angel investors investing in Nigeria Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Tofino Capital
VC Fund
4 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Software, SaaS, Information Technology $100k–$140M
Golden Palm Investments
VC Fund
4 Nigeria, Egypt, Kenya Seed, Pre-Seed, Series A Information Technology, FinTech, Payments $125k–$15M
Microtraction
VC Fund
4 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.3M
Social Capital
VC Fund
3 United States, Canada, India Seed, Series A, Series B Software, SaaS, FinTech $1M–$45M
Prosper Otemuyiwa
Angel
3 Nigeria, Canada, United States Pre-Seed, Angel FinTech, CRM, Finance $200k–$1M
Ventures Platform
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
Lynett Capital
VC Fund
3 United States, Kenya, Nigeria Seed, Series A, Pre-Seed FinTech, SaaS, Mobile $120k–$49M
Lux Capital
VC Fund
2 United States, United Kingdom, Canada Series A, Seed, Series B Software, Artificial Intelligence, Health Care $1.8M–$193M
RaliCap
VC Fund
2 United States, Mexico, Nigeria Seed, Pre-Seed, Angel Financial Services, FinTech, Payments $313k–$5.5M
HoaQ
VC Fund
2 Nigeria, United Kingdom, United States Pre-Seed, Seed, Angel FinTech, Financial Services, Internet $100k–$3.3M
Future Africa
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
Western Technology Investment
VC Fund
2 United States, Canada, Nigeria Seed, Series A, Series B Software, Health Care, Information Technology $1.5M–$65M
Nama Ventures
VC Fund
2 Saudi Arabia, Egypt, United Arab Emirates Seed, Pre-Seed, Series A E-Commerce, Information Technology, B2B $100k–$35M
Michael Seibel
Angel
2 United States, Nigeria, United Kingdom Pre-Seed, Seed, Series A Artificial Intelligence, Software, FinTech $500k–$21M
8VC
VC Fund
2 United States, United Kingdom, Canada Series A, Seed, Series B Software, Health Care, Artificial Intelligence $2.5M–$175M
Silent Ventures
VC Fund
2 United States, Canada, Nigeria Pre-Seed, Seed, Series A National Security, Military, Government $4M–$98M
4DX Ventures
VC Fund
2 Egypt, South Africa, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
Nova
VC Fund
2 Nigeria, United States Seed Artificial Intelligence, Drones, Big Data $5.7M–$22M
Vy Capital
VC Fund
2 United States, India, China Seed, Series C, Series B Software, FinTech, Information Technology $905k–$675M
Gabriel Hammond
Angel
2 Nigeria, United States Seed, Series A Internet, Wireless, FinTech $2.1M–$2.1M
Zeno Partners
VC Fund
2 United States, Canada, Nigeria Seed, Series A, Pre-Seed Software, Information Technology, SaaS $150k–$21M
MyAsia VC
VC Fund
2 India, United States, Nigeria Seed, Series A, Pre-Seed FinTech, Financial Services, Software $592k–$24M
Valor Equity Partners
VC Fund
2 United States, Israel, India Series B, Series A, Series C Software, Artificial Intelligence, Information Technology $9.2M–$675M
Berrywood Capital
VC Fund
1 Nigeria, United States Pre-Seed, Seed Financial Services, FinTech, Information Technology
Ugochukwu Aronu
Angel
1 Nigeria Pre-Seed Drones, Energy, Delivery
The Fintech Fund
VC Fund
1 United States, United Kingdom, India Seed, Pre-Seed, Series A Financial Services, FinTech, Payments
Lanre Adelowo
Angel
1 Nigeria Pre-Seed Health Care, Pharmaceutical, Virtualization
Unpopular Ventures
VC Fund
1 United States, India, Mexico Seed, Pre-Seed, Series A Software, FinTech, Financial Services
Yusuf Abdulmalik
Angel
1 Nigeria Pre-Seed Health Care, Pharmaceutical, Virtualization
Isaac Ewaleifoh
Angel
1 Nigeria, United States Pre-Seed FinTech, Finance, InsurTech
FirstCheck Africa
VC Fund
1 Kenya, Nigeria, United States Pre-Seed, Seed Consumer, Financial Services, Payments
Chibuzo Ujam
Angel
1 Nigeria Angel Drones, Energy, Delivery
Echukwudi Daniel
Angel
1 Nigeria Angel Drones, Energy, Delivery
Lanre Ogungbe
Angel
1 Nigeria Angel CRM, Software, Telecommunications
Consonance Investment Managers
VC Fund
1 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech $50k–$10M
Greencap Equity
VC Fund
1 Canada, Nigeria Pre-Seed FinTech, Finance, Payments $200k–$1M
Assembly Capital Partners
VC Fund
1 Nigeria, United Kingdom Seed, Series A SMS, SaaS, Software $1.4M–$7.7M
Kairos Angels
VC Fund
1 Nigeria, United States, Mexico Seed, Pre-Seed, Series A FinTech, Financial Services, B2B $500k–$5M
Sean Mahsoul
Angel
1 Nigeria Seed FinTech, Computer, Software
START EQUITY VENTURES
VC Fund
1 United States, Nigeria, Pakistan Seed, Series A, Series B Software, Health Care, Machine Learning
fastforward ventures
VC Fund
1 Nigeria Seed E-Commerce, Consumer Software, Retail Technology
Ibrahim Bello
Angel
1 Nigeria Pre-Seed Health Care, Pharmaceutical, Virtualization
On Deck
VC Fund
1 United States, Colombia, Mexico Pre-Seed, Seed, Angel Software, Financial, IT
Greenhouse Capital Partners
VC Fund
1 United States, Nigeria, Mauritius Series B, Series A Software, Financial Services, Manufacturing
Jedar Capital
VC Fund
1 Egypt, Kenya, Nigeria Seed, Pre-Seed, Series A E-Commerce, Delivery, FinTech
GetEquity
VC Fund
1 Nigeria Pre-Seed FinTech, Software, Health Care
Picus Capital
VC Fund
1 Germany, United States, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech
E62 Ventures
VC Fund
1 Nigeria Seed E-Commerce, Consumer Software, Retail Technology
Adebowale Martins
Angel
1 Nigeria Pre-Seed Retail, Software, E-Commerce
Dunbar Capital
VC Fund
1 Nigeria, United States Seed FinTech, Software, Financial Services
Access all 146 investors in Nigeria Hardware startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Tofino Capital
VC Fund · Washington, District of Columbia, United States · 4 investments in Nigeria Hardware startups

Tofino Capital is an early stage investor in emerging market technology companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 25
  • Round size: Seed $2.2M–$22M; Pre-Seed $100k–$1M; Series A $25M–$140M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Vultron — Compress proposal production timeframes from weeks into days with Generative AI.
  • Terra Industries — Terra Industries develops autonomous security systems and software platforms that support the monitoring and protection of physical assets, infrastructure, and operational environments across land, air, and maritime domains. The company provides unmanned vehicles, autonomous towers, and sensor-based surveillance hardware that collect and transmitdata for continuous situational awareness. Its software layer, built around an integrated operating system, processes sensor inputs, applies artificial intelligence models, and coordinates automated responses to detected events. Terra Industries designs its systems to support functions such as perimeter security, infrastructure monitoring, asset tracking, and threat detection within complex operational settings. The company’s platforms enable operators to manage multiple autonomous devices through a unified interface that supports mission planning, data visualization, and system control. Its technology is used by organizations that require coordinated security, monitoring, and response capabilities for facilities, remote sites, and distributed operations.
  • Irreversible — Irreversible designs next-generation analog AI chips that enable meaningful intelligence anywhere — from sensors to robots.
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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 4 investments in Nigeria Hardware startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Industry: Information Technology, FinTech, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Egypt, Kenya

Investor stats

  • Total investments: 59
  • Round size: Seed $1.8M–$6M; Pre-Seed $125k–$6.5M; Series A $2M–$15M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • MAKA — MAKA is a community commerce platform for fashion and beauty, enabling everyone to discover their style, feel represented.
  • Renda — At Renda, we are passionate about revolutionizing the logistics and mobility sectors with cutting-edge technology that enables businesses and operators to seamlessly scale in emerging markets.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria Hardware startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 104
  • Round size: Seed $25k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Spring in Africa — Wallets Africa helps Africans and African-owned businesses send money, receive money, make card payments, and access overdrafts.
  • Allpro Technologies — Their mission is to Facilitate the free flow of finance and data in the school ecosystem.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Social Capital
VC Fund · Palo Alto, California, United States · 3 investments in Nigeria Hardware startups

At Social Capital, we make big bets on transformational ideas, technology, and people.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 380
  • Round size: Seed $1M–$6.5M; Series A $3.5M–$15M; Series B $10M–$45M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $600M in 2018

Portfolio highlights

  • Athos — The Athos mission is to help athletes train more effectively and reach their performance goals faster. Athos does this by bringing together the most relevant data and exercise science to deliver simple, actionable insights that allow coaches and athletes to get the most out of their training.
  • Mason America, Inc. — Mason is the device innovation platform for product leaders who dare to deliver the next innovation in their field.
  • Early is Good — Multi-omic diagnostics that analyze DNA, RNA, and Protein from a single sample for unprecedented cancer clarity.
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Prosper Otemuyiwa
Angel · 3 investments in Nigeria Hardware startups

Prosper Otemuyiwa is a Co-founder of forLoop Africa. He attended Babcock University.

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Investment focus

  • Industry: FinTech, CRM, Finance
  • Stage:Pre-Seed, Angel
  • Geography: Nigeria, Canada, United States

Investor stats

  • Total investments: 11
  • Round size: Pre-Seed $200k–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ear1
  • Frain technologies — We're passionate about the product delivery value chain.
  • Famasi — Find, Order & Refill medications across 1000+ pharmacies in Nigeria. Delivered in 1 hour. Compare prices, get the best offers, and enjoy free monthly delivery on recurring orders.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 3 investments in Nigeria Hardware startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 148
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Brass — Get started with a modern current account
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Lynett Capital
VC Fund · San Francisco, California, United States · 3 investments in Nigeria Hardware startups

Lynett Capital is an early stage investment firm dedicated to the empowering technology companies.

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Investment focus

  • Industry: FinTech, SaaS, Mobile
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Kenya, Nigeria

Investor stats

  • Total investments: 28
  • Round size: Seed $120k–$3.1M; Pre-Seed $500k–$2.7M; Series A $2.5M–$49M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Juxta — Juxta builds first-of-its-kind software that helps hospitals optimize the flow of patients, staff, and resources throughout their facilities. By incorporating intuitive geospatial programs into everyday operations, Juxta equips admin with a suite of unique analytics that help them make valuable choices for their hospitals.
  • Ribbon — Go live with an inheritance center that your members deserve
  • Luminate Medical — Luminate Medical is developing LILY, the world's first pain-free and portable solution to prevent hair loss caused by chemotherapy.
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Lux Capital
VC Fund · New York, New York, United States · 2 investments in Nigeria Hardware startups

Lux Capital manages over $5 billion in assets focused on founding, seed, early-stage, and growth investments at the intersection of technology and the sciences. Lux takes an active role in helping entrepreneurs build successful businesses in high-growth sectors. Its investment team has built over 20 companies from scratch. Lux's investmentstrategy ensures portfolio companies are better connected, have a deeper insight, and command industry leadership faster than their competitors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 556
  • Round size: Seed $1.8M–$30M; Series A $7.3M–$96M; Series B $13M–$193M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2007

Portfolio highlights

  • Adimab — Premier Human Antibody Discovery and Optimization
  • Kyruus Health — Kyruus Health is a care access platform that provides solutions for providers data management, patient engagement, and activation.
  • Cajal Neuroscience — Cajal Neuroscience is a drug discovery company focused on neurodegenerative disease.
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RaliCap
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Hardware startups

Rally Cap is a global community of tech folks investing in an exclusive portfolio of top-tier early stage venture funds in Latin America and sub-Saharan Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Mexico, Nigeria

Investor stats

  • Total investments: 61
  • Round size: Seed $1.4M–$5.5M; Pre-Seed $313k–$3.7M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Moffin — Moffin is an integration platform of KYC data providers that enables customers to collect and evaluate data. It can be used via API or no code.
  • Cata — Launch your branded mobile app for ordering, CRM & loyalty. Increase order frequency & basket size. Learn how Cata can scale your business!
  • Gangkhar Inc
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HoaQ
VC Fund · Dublin, Dublin, Ireland · 2 investments in Nigeria Hardware startups

Startup Investment Club

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Investment focus

  • Industry: FinTech, Financial Services, Internet
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United Kingdom, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1.7M–$3.3M; Angel $100k–$130k; Pre-Seed $115k–$1M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Klas — Anyone, anywhere can teach online. Create & sell your ebooks, courses, and live classes- all on Klas.
  • La Ruche Health Inc. — LaRuche Health offers inclusive apps that simplify care delivery and improve patient access to preventive healthcare services.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Future Africa
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Hardware startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 89
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Western Technology Investment
VC Fund · Portola Valley, California, United States · 2 investments in Nigeria Hardware startups

Since 1980, WTI has helped more than 1,300 companies across every innovation sector finance their growth while minimizing dilution.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 243
  • Round size: Seed $1.5M–$13M; Series A $2.5M–$21M; Series B $5M–$65M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $375M in 2013

Portfolio highlights

  • Findigs — Simplify every step of tenant screening with airtight fraud protection. Meet the screening and decisioning system built to get renting right.
  • RightsFlow — RightsFlow is a leading technology-enabled provider of mechanical licensing and royalty accounting, reporting, and payment services for online music companies, record companies, distributors, artists, and songwriters. The RightsFlow technology powers rapid song identification and provides an unprecedented level of transparency for both licenseesand licensors. RightsFlow specializes in obtaining bulk physical, DPD, and ringtone licenses including streaming, tethered, and limited download rights. Our proprietary licensing technology and 30+ million song database allow us to license content, render accounting, and pay royalties on behalf of clients quickly and accurately, ensuring that rights-holders are paid for the use of their work. RightsFlow was acquired by Google in 2011 and is now part of the team at YouTube helping to simplify music licensing, content identification, accounting and payments for songwriters and publishers worldwide.
  • Panthalassa — Panthalassa is a technology company focused on developing renewable energy systems in the ocean, particularly to power computing and artificial intelligence infrastructure. The company works on harnessing wave energy to generate electricity at sea, which can then be used to run offshore data centers or converted into fuels that are transported backto land.
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Nama Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Nigeria Hardware startups

NAMA VENTURES TECH FOUNDERS FUNDING TECH STARTUPS LOOKING FOR FUNDING? APPLY NOW

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Investment focus

  • Industry: E-Commerce, Information Technology, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, Egypt, United Arab Emirates

Investor stats

  • Total investments: 53
  • Round size: Seed $120k–$5.6M; Pre-Seed $100k–$2.4M; Series A $5.2M–$35M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
  • Muqbis — As the word Muqbis means, our main job is to connect talented hands and home based businesses to their targeted customers and support them to grow their businesses hassle free. On the other hand Muqbis opens a wide market to support customers find “the made with love home products and services” they look for and compare varieties, prices and findnearby providers. In Muqbis we believe that world is changing, life patterns are changing and for sure work styles are changing and we are here for it.
  • PIESHIP — Pieship is a logistics startup serving last mile and their customers using Ai and crowdsourcing.
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Michael Seibel
Angel · San Francisco, California, United States · 2 investments in Nigeria Hardware startups, 12 in the past 12 months

Michael Seibel is the Managing Director and Group Partner of Y Combinator. He previously worked at Socialcam as a CEO. Michael Seibel attended Yale University.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Nigeria, United Kingdom

Investor stats

  • Total investments: 191
  • Round size: Seed $1.1M–$7.1M; Pre-Seed $500k–$500k; Series A $5.9M–$21M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Kira — The easiest way for non-fintech enterprises to launch AI-powered, stablecoin-based financial products. Through a unified API platform, Kira enables businesses to embed remittances, payroll, wallets, and real-time cross-border payments.
  • Recall.ai — Recall.ai provides a single API for meeting bots on every platform like Zoom, Google Meet, Microsoft Teams and more.
  • Arena — Arena is a software firm that builds active learning systems and techniques like reinforcement learning.
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8VC
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Hardware startups

8VC is a technology and life sciences investment firm that partners with founders to develop transformational technologies. The firm focuses on creating long-term economic and societal value through its investments across various sectors, including healthcare and logistics.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 525
  • Round size: Seed $2.5M–$13M; Series A $8M–$57M; Series B $17M–$175M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Karat — Karat helps companies hire top engineering talent by improving the quality, efficiency, and equity of their technical hiring process
  • Apex — Apex manufactures ESPA-class satellites, ranging from 40 to 400kg. Our first spacecraft bus platform, Aries, is built for LEO missions for earth observation, communications, and more. Configure the Aries bus to meet your specific mission profile.
  • Flywheel.io — Flywheel is a data management and analysis platform built specifically for scientists and the researcher's workflow. They empower research momentum by focusing on data and medical image capture, content management, scientific computation, and collaboration. With reproducible research in mind, they combine open-source methods from topuniversities, a modern web user interface, and an extensible compute engine based on containerization technology. The result is a software platform to accelerate discovery and help researchers do science, not IT.Flywheel accelerates new scientific discoveries in life-science, biotech, and academic imaging research through cloud-scale collaboration. As a result, imaging researchers are able to avoid innovation bottlenecks, and accelerate discovery by doing more science, and less IT.
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Silent Ventures
VC Fund · Denver, Colorado, United States · 2 investments in Nigeria Hardware startups, 18 in the past 12 months

Silent Ventures is an early stage venture capital firm investing in exceptional founders building unrivaled defense, national security, and deep technology companies. Founded by Jackson Moses. Located in Dallas, Texas.

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Investment focus

  • Industry: National Security, Military, Government
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 44
  • Round size: Seed $11M–$25M; Pre-Seed $4M–$5M; Series A $35M–$98M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $15M in 2023

Portfolio highlights

  • Traysar — Subterranean warfare for allied supremacy.
  • Dominion Dynamics — Dominion Dynamics is an advanced technology firm building a dual-use, AI-driven Arctic sensing network designed for both military and civilian applications, focusing on seamless multi-domain coordination and persistent regional surveillance.
  • Impulse Space — Economical and nimble last-mile space payload delivery
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 2 investments in Nigeria Hardware startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Financial Services, Logistics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, South Africa, United States

Investor stats

  • Total investments: 87
  • Round size: Seed $1M–$8M; Pre-Seed $50k–$6.5M; Series A $6.6M–$40M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Autochek — Welcome To Autochek Group's Homepage. Read About The Company's Vision And Mission. Select A Country And Apply For Car Loans
  • CINETPAY — CinetPay is a mobile money payment hub that federates mobile money payment methods in Africa.
  • Franc — Franc is the easiest way to save & invest. Our app doesn’t require any investment knowledge & our friendly risk quiz helps us understand how much investment risk is right for you. Users can start investing in less than 2 minutes. There is no minimum requirement & no paperwork. It is a seamless digital experience end-to-end. A usersimply chooses a goal, selects an investment strategy, verifies their identity & makes a deposit. Each user is recommended a personalised investment strategy for each investment goal, combining money market & index tracking ETFs. Our helpful calculators assist clients with their budgeting, retirement & targeted savings needs. We also provide free access to our online academy & fun financial literacy quizzes.We know saving is hard & investing can be scary, which is why we create savings groups & challenges so that users can encourage one another. We also run weekly competitions where users can stand a chance to win a cash prize that will boost their investments.
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Nova
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Hardware startups

Nova is an investment firm that offers venture investment management services.

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Investment focus

  • Industry: Artificial Intelligence, Drones, Big Data
  • Stage:Seed
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $5.7M–$22M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Midas — Premium mathematical datasets and formal verification tools for AI training
  • Vigil Labs — Vigil Labs is an applied research lab building proprietary systems for trading.
  • Terra Industries — Terra Industries develops autonomous security systems and software platforms that support the monitoring and protection of physical assets, infrastructure, and operational environments across land, air, and maritime domains. The company provides unmanned vehicles, autonomous towers, and sensor-based surveillance hardware that collect and transmitdata for continuous situational awareness. Its software layer, built around an integrated operating system, processes sensor inputs, applies artificial intelligence models, and coordinates automated responses to detected events. Terra Industries designs its systems to support functions such as perimeter security, infrastructure monitoring, asset tracking, and threat detection within complex operational settings. The company’s platforms enable operators to manage multiple autonomous devices through a unified interface that supports mission planning, data visualization, and system control. Its technology is used by organizations that require coordinated security, monitoring, and response capabilities for facilities, remote sites, and distributed operations.
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Vy Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Nigeria Hardware startups

A global technology investment firm with a focus on category-defining technology companies with the potential to meaningfully impact humanity.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Series C, Series B
  • Geography: United States, India, China

Investor stats

  • Total investments: 91
  • Round size: Seed $905k–$5M; Series B $11M–$300M; Series C $10M–$675M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $354M in 2014

Portfolio highlights

  • Temple — A wearable that measures Brain Flow and everything else.
  • Inshorts — Read latest news with inshorts in less than 60 words, related to business, sports, bollywood and technology in India and around the world in both english & hindi.
  • Counterpart — Counterpart is a management liability platform powered by big data and artificial intelligence that offers a range of insurance products complemented with a suite of services that proactively measure and mitigates exposures. Counterpart was founded in 2019 by Tanner Hackett and is based in Los Angeles, California, United States.
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Gabriel Hammond
Angel · New York, New York, United States · 2 investments in Nigeria Hardware startups

Gabriel Hammond

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Investment focus

  • Industry: Internet, Wireless, FinTech
  • Stage:Seed, Series A
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $2.1M–$2.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • QuantumStreet AI — Powering $1.5 Billion in global assets, EquBot's AI investment platform with IBM Watson helps global investment professionals deliver custom AI portfolios with better outcomes through portfolios as a service (PaaS). EquBot's AI is utilized by some of the largest financial institutions like HSBC, Athene, and Amundi and reaches investorsall over the world, including the US, China, India, Singapore, Malaysia, and Russia. EquBot is an IBM partner and was started at UC Berkeley by a team from Intel, Goldman, and Fidelity.
  • wifi.com.ng — TIZETI (wifi.com.ng) has been deploying high speed internet access to estates, offices, multi-tenant building using next generation wi-Fi technology. They deploy unlimited internet to residential and business customers which allow customers get the full benefit of the internet with no data or time caps. They also offer VOIP and Video on Demandservices.
  • Creative Market — Creative Market is a marketplace for ready-to-use design assets, including fonts, graphics, templates, add-ons, photos, and themes, from independent creators around the world.
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Zeno Partners
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Hardware startups

Zeno Ventures invests in early stage technology enabled companies addressing consumer and enterprise markets. Zeno Ventures likes to back exceptional entrepreneurs before their businesses have scaled and often even before their business models are formed. Zeno Ventures seeks to partner with talented and passionate founders solving difficultproblems that were illuminated by their personal experience.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 70
  • Round size: Seed $150k–$8M; Pre-Seed $1.1M–$2.3M; Series A $3.4M–$21M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Beglaubigt.de
  • Trace
  • Eloquent AI — Eloquent AI is the first AI Operator built specifically for financial services to automate complex, regulated customer service operations beyond frontline support. Our AI Operator learns to securely navigate your existing systems simply by observing your standard operating procedures—automating up to 96% of tasks without any engineering effort.
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MyAsia VC
VC Fund · 2 investments in Nigeria Hardware startups

MyAsia VC

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Nigeria

Investor stats

  • Total investments: 33
  • Round size: Seed $800k–$6M; Pre-Seed $592k–$2M; Series A $4M–$24M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Seezo — Seezo provides security design reviews for every feature a company builds, leveraging Gen AI to scale threat modeling. The platform helps developers ship features faster by identifying potential risks and vulnerabilities. Seezo focuses on application security (AppSec) and aims to integrate security seamlessly into the development process.
  • Sensesemi
  • JustAI — An AI-first modern enterprise marketing stack that sets you in an always-on, set-and-forget motion. Increase your experimentation velocity and keep your team lean! Say goodbye to manual campaign management.
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Valor Equity Partners
VC Fund · Chicago, Illinois, United States · 2 investments in Nigeria Hardware startups

Valor Equity Partners is an operational growth investment firm that focuses on growth companies across various stages of development. For decades, it has served its companies with the expertise to solve the challenges of growth and scale. Valor Equity partners with companies and entrepreneurs who are committed to the highest standards of excellenceand the courage to transform their industries.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: United States, Israel, India

Investor stats

  • Total investments: 285
  • Round size: Series A $9.2M–$80M; Series B $20M–$200M; Series C $13M–$675M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $2.8B in 2022

Portfolio highlights

  • BitGo — BitGo is the leader in institutional digital asset custody, trading, and finance. We enable our clients to navigate the complex landscape of digital assets with a connected, compliant, and secure suite of solutions.
  • HackerOne — HackerOne is a global leader in Continuous Threat Exposure Management (CTEM). The HackerOne Platform unites agentic AI solutions with the ingenuity of the world’s largest community of security researchers to continuously discover, validate, prioritize, and remediate exposures across code, cloud, and AI systems. Through solutions like bug bounty,vulnerability disclosure, agentic pentesting, AI red teaming, and code security, HackerOne delivers measurable, continuous reduction of cyber risk for enterprises. Industry leaders, including Anthropic, Crypto.com, General Motors, Goldman Sachs, Lufthansa, Uber, UK Ministry of Defence, and the U.S. Department of Defense, trust HackerOne to safeguard their digital ecosystems. HackerOne was recognized in Gartner’s Emerging Tech Impact Radar: AI Cybersecurity Ecosystem report for its leadership in AI Security Testing and has been named a Most Loved Workplace for Young Professionals (2024).
  • Midas — Premium mathematical datasets and formal verification tools for AI training
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Berrywood Capital
VC Fund · 1 investments in Nigeria Hardware startups

Berrywood Capital is an investment firm.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • Sudo — Sudo is an open API platform that enables businesses to embed powerful financial features into their products. Build in minutes, launch in days.
  • Flex Finance — Flex Finance is a simple, accessible mobile platform that allows SMEs manage and track their expenses, with little-to-no financial knowledge required. Using our inbuilt AI, business owners also receive insights that help them stop waste, save money and make smarter spending decisions. Flex is committed to enabling more SMEs make it past their thirdbirthday, so they can continue to provide the income and jobs that sustain the vast majority of Nigerians.
  • Bridgecard — Issue physical or virtual cards that carry a MasterCard or Visa logo to your users with our card issuing APIs. Get started in a week.
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Ugochukwu Aronu
Angel · 1 investments in Nigeria Hardware startups

Ugochukwu Aronu is the Co-Founder And CEO of Xend.

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Investment focus

  • Industry: Drones, Energy, Delivery
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Arone — Arone pioneers technology that makes the world work more efficiently. 

In the air, Arone’s infrastructure enables hospitals access essential supplies on-demand for their patients. We also provide this infrastructure to logistics companies to enable a faster courier service for their customers. This infrastructure includes drones, dronedelivery stations (Avports), drone operators and license. For government institutions and organisations, Arone manufactures state of the art unmanned aerial vehicles (UAVs) saving lives and costs. For consumer electronics, Arone’s technology powers homes, offices and shops ensuring millions of people have access to electricity to live better lives.
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The Fintech Fund
VC Fund · 1 investments in Nigeria Hardware startups

We support the best teams in fintech and defi today.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 49
  • Lead/follow: no public data

Portfolio highlights

  • Stable Sea — Stable Sea provides seamless, compliant, cost-effective stablecoin offramping solutions, enabling businesses to bridge the gap between digital and traditional finance and unlock new opportunities.
  • Confido — Confido is a software company that provides financial operations automation for consumer packaged goods brands. Confido helps CPG brands save time and money by automating cash applications, fighting deductions, and tracking trade costs in a platform. The company is based in New York, New York.
  • Rainforest — Rainforest focuses on providing software platforms for payment processing. Rainforest is headquartered in Atlanta, United States.
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Lanre Adelowo
Angel · 1 investments in Nigeria Hardware startups

Lanre Adelowo is the CEO/CTO @ Fluidcoins.

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Investment focus

  • Industry: Health Care, Pharmaceutical, Virtualization
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Famasi — Find, Order & Refill medications across 1000+ pharmacies in Nigeria. Delivered in 1 hour. Compare prices, get the best offers, and enjoy free monthly delivery on recurring orders.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 1 investments in Nigeria Hardware startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 222
  • Lead/follow: no public data

Portfolio highlights

  • Foodology — Foodology creates and operates digital restaurant brands made for delivery.The company aims to be a delivery-focused restaurant group in Latam. With its portfolio of virtual brands operated through cloud kitchens, Foodology strives to create a best in class delivery experience for its customers.The company was founded in 2019 by HarvardBusiness School classmates Daniela Izquierdo and Juan Guillermo Azuero.
  • Kyte — Kyte delivers rental cars straight to your door. We deliver and pick up the vehicle. No lines, no paperwork, freedom to explore. Fully flexible. Book today!
  • Omnic.AI — The way to be a professional in esports. Omnic Data uses computer vision and a deep learning network to provide virtual coaching for the aspiring esports gamer.
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Yusuf Abdulmalik
Angel · 1 investments in Nigeria Hardware startups

Yusuf Abdulmalik is an individual investor.

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Investment focus

  • Industry: Health Care, Pharmaceutical, Virtualization
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Famasi — Find, Order & Refill medications across 1000+ pharmacies in Nigeria. Delivered in 1 hour. Compare prices, get the best offers, and enjoy free monthly delivery on recurring orders.
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Isaac Ewaleifoh
Angel · New York, New York, United States · 1 investments in Nigeria Hardware startups

Isaac Ewaleifoh is an Angel Investor | SDGs Ambassador.

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Investment focus

  • Industry: FinTech, Finance, InsurTech
  • Stage:Pre-Seed
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Fleri — Better healthcare for your family back home - Give your loved ones back home in Africa the gift of a better life with a healthcare coverage plan that works.
  • Famasi — Find, Order & Refill medications across 1000+ pharmacies in Nigeria. Delivered in 1 hour. Compare prices, get the best offers, and enjoy free monthly delivery on recurring orders.
  • CreditChek — Bridging the trust gap between global credit businesses and underserved African consumers.
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FirstCheck Africa
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Hardware startups

FirstCheck Africa is an early believer for a generation of African women in tech. We invest early, with high conviction, in high-growth female-led startups with category-leadership potential.

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Investment focus

  • Industry: Consumer, Financial Services, Payments
  • Stage:Pre-Seed, Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • Jumba — Your one-stop marketplace for construction materials. We offer a wide range of products to meet all your construction needs. Browse All Products.
  • Uncover — Learn your skin, Love your skin. K-Beauty Crafted for Melanin
  • Cleva — For anyone with global financial needs, A US-based dollar account in your name to receive, hold, and save USD.
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Chibuzo Ujam
Angel · 1 investments in Nigeria Hardware startups

Chibuzo Ujam

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Investment focus

  • Industry: Drones, Energy, Delivery
  • Stage:Angel
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Arone — IDEBET adalah partner resmi habanero di Indonesia yang menyediakan kualitas game habanero super cepat maxwin paling adil, transparant dan aman.
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Echukwudi Daniel
Angel · 1 investments in Nigeria Hardware startups

Echukwudi Daniel

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Investment focus

  • Industry: Drones, Energy, Delivery
  • Stage:Angel
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Arone — idebet adalah situs slot online terpercaya gampang menang menyediakan link login dan link alternatif permainan judi slot terlengkap.
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Lanre Ogungbe
Angel · 1 investments in Nigeria Hardware startups

Co-Founder @myidentitypass | Strategic Advisor at @FastForward_U | Ex @Accounteer

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Investment focus

  • Industry: CRM, Software, Telecommunications
  • Stage:Angel
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sendchamp — Messagebird For Africa: Sendchamp provides Communication APIs & CRM for developers & businesses to reach their customers via different messaging channels such as SMS, Email, Voice, Whatsapp, and other digital messaging channels. Our APIs and No code tools help businesses in Africa from the stage of Customer Onboarding, CustomerEngagement, Customer Service & Customer Retention.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Hardware startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 31
  • Round size: Seed $550k–$3.3M; Pre-Seed $450k–$1M; Series A $50k–$10M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Plural — Smarter, Faster, Future-Ready Policy Strategy. Plural transforms how enterprises and organizations anticipate and act on legislation. Our AI-powered platform delivers accurate bill analysis, policy insights, and stakeholder intelligence so you can stay ahead of risk, seize opportunity, and shape outcomes. See How It Works Book A Demo Trusted By Deepen Your State & Federal Legislative
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Greencap Equity
VC Fund · Lekki, Lagos, Nigeria · 1 investments in Nigeria Hardware startups

Greencap Equity - A Pan-African Investment Company

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Investment focus

  • Industry: FinTech, Finance, Payments
  • Stage:Pre-Seed
  • Geography: Canada, Nigeria

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $200k–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bumpa — The easiest way to set-up and manage your online store. Bumpa helps businesses sell on Instagram, Whatsapp, Facebook, and offline in-store.
  • Payday — Send and receive money globally. Create virtual Mastercards that work anywhere online.
  • Payday Global — Send & Receive money globally
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Assembly Capital Partners
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Hardware startups

Assembly Capital Partners operates as a Venture Capital.

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Investment focus

  • Industry: SMS, SaaS, Software
  • Stage:Seed, Series A
  • Geography: Nigeria, United Kingdom

Investor stats

  • Total investments: 3
  • Round size: Seed $1.4M–$7.7M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Instanda — Instanda is a SaaS insurance software platform that allows insurance companies to build, configure, and launch products online. Its no-code product design platform is built on a powerful set of insurance specific calculations, processing, and workflow capabilities.Instanda works with the carriers, MGAs, and brokers in UK, Europe, US, Canada, LATAMand Australia converting the lethargic back office to an agile front office, freeing the industry from high-cost legacy systems.Founded in 2012, Instanda is headquartered in London, England.
  • Index Coop — Index Coop builds decentralized and exchange traded (ETF) crypto index funds based on web3 product themes. Buy & build your crypto assets investment portfolio with us today
  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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Kairos Angels
VC Fund · 1 investments in Nigeria Hardware startups

An investment club partnering with visionary entrepreneurs to create disruptive and innovative companies that have the potential to be come regional leaders and global challengers. ideas@kairosangels.com

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Investment focus

  • Industry: FinTech, Financial Services, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Mexico

Investor stats

  • Total investments: 8
  • Round size: Seed $1.4M–$5M; Pre-Seed $500k–$1.8M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Flex Finance — Flex Finance is a simple, accessible mobile platform that allows SMEs manage and track their expenses, with little-to-no financial knowledge required. Using our inbuilt AI, business owners also receive insights that help them stop waste, save money and make smarter spending decisions. Flex is committed to enabling more SMEs make it past their thirdbirthday, so they can continue to provide the income and jobs that sustain the vast majority of Nigerians.
  • Super Seguros — Super Seguros is an insurance company that developed radical insurance products. The company's automated assessment technology allows its users to buy a policy today and covered tomorrow. It was founded in 2019 and headquartered in Mexico City, Distrito Federal.
  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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Sean Mahsoul
Angel · 1 investments in Nigeria Hardware startups

Sean Mahsoul

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Investment focus

  • Industry: FinTech, Computer, Software
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
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START EQUITY VENTURES
VC Fund · Ashburn, Virginia, United States · 1 investments in Nigeria Hardware startups

Start Equity is an early stage venture capital firm committed to fueling the growth and success of startups. With a deep understanding of the entrepreneurial landscape and a passion for innovation, we actively seek out and invest in early-stage startups.

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Investment focus

  • Industry: Software, Health Care, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, Nigeria, Pakistan

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Uplift Labs — Optimize human movement performance with AI-powered insights. Uplift provides detailed movement analysis for teams, coaches, trainers, and broadcasters, using existing mobile devices or video feeds.
  • Sully.ai — Sully is deploying autonomous medical workers into healthcare organizations to address the most expensive line item in healthcare: payroll ($800b/yr in the US alone). Today, Sully's autonomous workers can perform most medical staff tasks 100x faster and 20x cheaper. From Digital Triage Nurses and Autonomous Medical Assistants to DigitalScribes and Digital Receptionists, our workers can automate patient check-in, assessments, documentation, diagnosis support, and billing that integrates with Electronic Health Records (EHRs)
  • AiDEN Auto — AiDEN Auto offers a software platform for real-time vehicle communication and in-car services.
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fastforward ventures
VC Fund · Hamburg, Hamburg, Germany · 1 investments in Nigeria Hardware startups

This domain used to be connected to a Wix website. Learn how to reconnect it, or create your own website.

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Investment focus

  • Industry: E-Commerce, Consumer Software, Retail Technology
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Bumpa — The easiest way to set-up and manage your online store. Bumpa helps businesses sell on Instagram, Whatsapp, Facebook, and offline in-store.
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Ibrahim Bello
Angel · Lagos, Lagos, Nigeria · 1 investments in Nigeria Hardware startups

Byran Bellz is a Blogger, Web designer, Microbiologist and Illustrator, with a keen knowledge about Entertainment, he's the Founder/CEO of 234Hypes.com

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Investment focus

  • Industry: Health Care, Pharmaceutical, Virtualization
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Famasi — Find, Order & Refill medications across 1000+ pharmacies in Nigeria. Delivered in 1 hour. Compare prices, get the best offers, and enjoy free monthly delivery on recurring orders.
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On Deck
VC Fund · San Francisco, California, United States · 1 investments in Nigeria Hardware startups, 8 in the past 12 months

On Deck is where top talent comes to accelerate their ideas and careers, surrounded by a world-class community.

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Investment focus

  • Industry: Software, Financial, IT
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Colombia, Mexico

Investor stats

  • Total investments: 54
  • Lead/follow: no public data

Portfolio highlights

  • Empower3d — Empower3d provides athletes with the opportunity to connect with and learn from industry leaders across all facets of business. The goal is to provide athletes with unbiased advice and a network of experts to support the next chapter of their careers.
  • Kredibank — Kredi is a neo bank building Africa's one-stop shop for digital financial services. Kredi is a platform that eliminates all the challenges of using multiple applications and allows users to manage all aspects of their financial lives. We are fully licensed by the Central Bank of Nigeria. We provide access to digital financial services such assavings, credit, payment, investments, and insurance to all consumers in Nigeria in one place.
  • VMind AI — VMind is a frontier technology company building artificial general intelligence (AGI).
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Greenhouse Capital Partners
VC Fund · Sausalito, California, United States · 1 investments in Nigeria Hardware startups

Greenhouse Capital Partners invests in B2B technology solutions that improve resource efficiency, drive climate change resiliency and unlock new value streams across legacy industrial supply chains and infrastructure.

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Investment focus

  • Industry: Software, Financial Services, Manufacturing
  • Stage:Series B, Series A
  • Geography: United States, Nigeria, Mauritius

Investor stats

  • Total investments: 40
  • Lead/follow: no public data

Portfolio highlights

  • Revive Kombucha — Since 2010, we have been brewing up beverages that taste as good as they are good for you! Revive is the healthy alternative to soda. Our award winning and innovative new Revive Sparkling Kombucha line; with 5g sugar, 20 calories and 5 billion probiotics, is your delicious and healthy adventure ready partner in a can.
  • Impact Laboratories — Impact Laboratories collaborates with labs in the commercial, biotech, pharmaceutical, and academic sectors.
  • Linkage Biosciences — Linkage Biosciences is a molecular diagnostics company developing products that hope to improve and expedite complex genetic testing. Their initial focus is on diagnostic products for solid organ and hematopoietic stem cell transplantation where their proprietary technology will have an impact. The company offers human leukocyte antigen testingproducts used in solid organ and hematopoietic stem cell transplantation, as well as provides pharmacogenomic and autoimmune disease testing and research and genetic marker tests.Lingkage Biosciences was founded in 2004 and is based in
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Jedar Capital
VC Fund · New York, New York, United States · 1 investments in Nigeria Hardware startups

VC venture capital investing in early stage startups from seed to series A in fintech, insurtech, marketplaces, foodtech, SaaS, healthtech and agritech

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Investment focus

  • Industry: E-Commerce, Delivery, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, Kenya, Nigeria

Investor stats

  • Total investments: 18
  • Lead/follow: no public data

Portfolio highlights

  • Chaldal — Order grocery and food online with same-day home delivery. Save money, save time
  • Paismo Inc — Paismo HR & Payroll is the Next-Gen Human Capital Management software giving you access to Schedule Management, Time Off, Timesheets, Payroll, etc.
  • Fincart — Fincart.io - Your trusted partner for seamless shipping & working capital access to grow your online brand.
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GetEquity
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Hardware startups

GetEquity is a NASDAQ for venture capital. We provide an exchange and liquidity for private companies, and an infrastructure for different cadres of venture capital around investing, founder liquidity, and shareholder management

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Investment focus

  • Industry: FinTech, Software, Health Care
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Famasi — Find, Order & Refill medications across 1000+ pharmacies in Nigeria. Delivered in 1 hour. Compare prices, get the best offers, and enjoy free monthly delivery on recurring orders.
  • Pade HCM — Hire, manage and pay your global team Hire anyone in Africa and automate onboarding, team management, payroll, compliance and much more.
  • Trade Lenda — Trade Lenda: Access to Loans, Investments, Utility Payments, Credit Access, Insurance, and More! Unlock Opportunities to Earn, Invest, and Grow. Secure Personal or Business Loans Toda
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Picus Capital
VC Fund · Munich, Bayern, Germany · 1 investments in Nigeria Hardware startups

Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 327
  • Lead/follow: no public data

Portfolio highlights

  • Alvys — Alvys is a cloud-based transportation management system with high-tech automation. Specializing in workflow efficiency for small to mid-size carriers. Alvys stands out by saving carriers and freight brokers more time per load than any other TMS! Save up to 30 minutes per load, organize your operations in one place, scale with ease and integrateall your favorite tools. The proof is in the workflows and here's a sneak peek of our popular features:• Driver App • Tracking & Tracing • Source for Truck Capacity • End-to-End Visibility • One Click Accounting • Analytics & Reporting • Safety & Maintenance • Integrations • Benefits for BrokersTRY US FOR FREE! www.alvys.com
  • Telepatia — Telepatia is a health tech platform that utilizes artificial intelligence to support medical professionals.
  • Aleph — Aleph helps top finance teams work with their data in real time. Businesses can automate financial models and streamline budgeting and forecasting with the fastest-to-implement FP&A platform. Aleph eliminates the need to export data from multiple sources by syncing spreadsheet models with data from 150+ integrations, and allows teams tointeract with their data in no-code dashboards.From annual budgeting to ad hoc reporting, scale your financial processes faster with better data without expanding your team. See why over 90% of people who start a trial with Aleph become customers!
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E62 Ventures
VC Fund · 1 investments in Nigeria Hardware startups

E62 VENTURES IS ALL IN At E62 Ventures, we go ALL IN to help MIT alumni founders to tackle technological challenges to transform our society and build a better future.

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Investment focus

  • Industry: E-Commerce, Consumer Software, Retail Technology
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Themis AI — Themis AI creates technology for end-to-end debiasing that aims to assist companies in removing bias in their machine learning pipelines. After conducting extensive research on safe decision-making for autonomous agents, DRL at CSAIL MIT created Themis AI with the goal of enabling others to develop, advance, and use reliable AI. The solution makesit possible for AI to be trusted in high-risk situations, during exceptional occurrences, and everywhere biases and imbalances can be identified in training data.
  • Bumpa — The easiest way to set-up and manage your online store. Bumpa helps businesses sell on Instagram, Whatsapp, Facebook, and offline in-store.
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Adebowale Martins
Angel · 1 investments in Nigeria Hardware startups

Adebowale Martins

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Investment focus

  • Industry: Retail, Software, E-Commerce
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Hazina — Hazina provides technology and distribution for Consumer Packaged Goods (CPG) brands to improve the quality of insights and engagements from their product sampling campaigns. Hazina matches consumers to product samples from CPGs, delivers directly to consumers at home, and aggregates the feedback and engagements as insights back to the brand.
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Dunbar Capital
VC Fund · 1 investments in Nigeria Hardware startups

Dunbar Capital is an investment firm.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
  • Zuvy Technologies — Zuvy is a free invoice management software that enables your business to get cash today for unpaid invoices. Get started sending invoices via WhatsApp
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Hardware Investor funding in Nigeria at a glance

Stats across 79 deals from 146 investors.

146
investors
in Nigeria Hardware startups
79
deals
in Nigeria Hardware startups
$500k
median round
in Nigeria Hardware startups
35%
lead investors
lead at least one round
20%
Seed
most common funding stage
77/23
VC / Angel
share of investor count

Access all 146 investors in Nigeria Hardware startups.

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