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Top 50 Internet VC Funds & Investors in Nigeria (August 2026)

The most active venture capital funds investing in Nigeria Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Internet startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ventures Platform
VC Fund
17 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
Kepple Africa Ventures
VC Fund
5 Nigeria, Kenya, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$23M
LoftyInc Capital
VC Fund
5 United States, Nigeria, Egypt Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Software $100k–$10M
Timon Capital
VC Fund
5 Nigeria, Kenya, United States Seed, Series A, Pre-Seed Financial Services, Information Technology, FinTech $100k–$30M
Launch Africa
VC Fund
5 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Microtraction
VC Fund
5 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $30k–$1.3M
EchoVC Partners
VC Fund
4 United States, Nigeria, Kenya Seed, Pre-Seed, Series A FinTech, Information Technology, Financial Services $200k–$22M
Technovision Communications
VC Fund
4 Nigeria, United States, United Kingdom Seed, Pre-Seed Financial Services, Information Technology, FinTech $50k–$5M
Blockchain Founders Fund
VC Fund
4 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $200k–$6M
HoaQ
VC Fund
4 Nigeria, United Kingdom, United States Pre-Seed, Seed, Angel FinTech, Financial Services, Internet $100k–$3.3M
Ingressive Capital
VC Fund
4 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Payments $25k–$15M
Musha Ventures
VC Fund
4 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $100k–$10M
Golden Palm Investments
VC Fund
4 Nigeria, United States, Egypt Seed, Pre-Seed, Series A Information Technology, Financial Services, Payments $100k–$15M
4DX Ventures
VC Fund
4 Egypt, South Africa, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
Consonance Investment Managers
VC Fund
4 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, B2B $50k–$10M
Atlantica Ventures
VC Fund
3 Nigeria, South Africa, United States Seed, Pre-Seed, Series A Software, FinTech, Information Technology $450k–$3.7M
UNCOVERED FUND
VC Fund
3 Nigeria, Kenya, United States Seed, Series A, Pre-Seed FinTech, Financial Services, E-Commerce $700k–$40M
Antler
VC Fund
3 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Flourish Ventures
VC Fund
3 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $2M–$65M
SC NABUBOTO
VC Fund
3 France, Nigeria Seed, Series A, Series C Genetics, Logistics, Therapeutics $915k–$2M
Lynett Capital
VC Fund
3 United States, Kenya, Nigeria Seed, Series A, Pre-Seed FinTech, Software, SaaS $120k–$49M
Rising Tide Africa
VC Fund
3 Nigeria, United Kingdom, Ghana Seed, Pre-Seed, Series A Health Care, Information Technology, FinTech $75k–$6.1M
54 Collective
VC Fund
3 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Future Africa
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Social Capital
VC Fund
3 United States, Canada, India Seed, Series A, Series B Software, SaaS, FinTech $1M–$45M
Le Studio VC
VC Fund
2 France, Italy, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, Mobile $362k–$11M
Momentum 6
VC Fund
2 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Cryptocurrency, Gaming $1.2M–$8.4M
Ardent Capital
VC Fund
2 Nigeria, Indonesia, Thailand Seed, Pre-Seed, Series A E-Commerce, Internet, Software $100k–$15M
TLcom Capital Partners
VC Fund
2 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$15M
Chandaria Capital
VC Fund
2 Kenya, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $200k–$37M
Women Entrepreneurship for Africa
VC Fund
2 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
Speedinvest
VC Fund
2 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $713k–$33M
Full Circle Africa
VC Fund
2 Kenya, United States, Mexico Seed FinTech, Banking, Wellness $100k–$3.5M
Resilience17
VC Fund
2 Nigeria, Kenya, Ghana Seed, Pre-Seed Sports, Finance, Outdoors $100k–$12M
BluePointe Ventures
VC Fund
2 United States, Mexico, Nigeria Seed, Series A, Series B Software, Artificial Intelligence, Enterprise Software $1.2M–$290M
Kaleo Ventures
VC Fund
2 Nigeria, United States, Kenya Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $25k–$15M
Thorburn Investments Nigeria
VC Fund
2 Nigeria Seed, Series A Logistics, E-Commerce Platforms, Location Based Services
Nordea
VC Fund
2 Finland, Sweden, Norway Debt Financing, Seed FinTech, Financial Services, Banking
True Capital Management
VC Fund
2 United States, Nigeria, Canada Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$555M
GreenHouse Capital
VC Fund
2 Nigeria, Kenya, United States Seed, Pre-Seed Financial Services, FinTech, Payments
Western Technology Investment
VC Fund
2 United States, Canada, Nigeria Seed, Series A, Series B Software, Health Care, Information Technology $1.5M–$65M
Onega Ventures
VC Fund
2 Nigeria, Panama Seed Gaming, Web3, Internet $735k–$1.8M
Global Brain Corporation
VC Fund
2 Japan, United States, United Kingdom Series A, Series B Software, Information Technology, Artificial Intelligence $2.4M–$109M
Oui Capital
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, Finance, Apps $40k–$4.9M
Cascador
VC Fund
2 Nigeria, France, United States Debt Financing, Seed, Grant Agriculture, Internet, Renewable Energy $15k–$1.8M
RaliCap
VC Fund
2 United States, Mexico, Nigeria Seed, Pre-Seed, Angel FinTech, Financial Services, Payments $300k–$5.5M
Newfund
VC Fund
2 France, United States, Canada Seed, Series A Software, Information Technology, SaaS $1.1M–$15M
Double Feather Partners
VC Fund
2 Japan, Egypt, Kenya Seed, Series A, Series B FinTech, Transportation, Apps $1M–$30M
Equitable Ventures
VC Fund
2 Nigeria, South Africa, Ghana Seed, Venture - Series Unknown, Pre-Seed Financial Services, Information Technology, AgTech $80k–$2.6M
Tencent
VC Fund
2 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $4M–$400M
Access all 198 VC funds in Nigeria Internet startups.

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

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Investor list

Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 17 investments in Nigeria Internet 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: 160
  • Round size: Seed $120k–$4.4M; Pre-Seed $100k–$2M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
  • MarketForce — MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.
  • 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.
Show all investments...

Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Nigeria Internet startups

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 84
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.4M; Series A $1.1M–$23M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.
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LoftyInc Capital
VC Fund · Carmel, California, United States · 5 investments in Nigeria Internet startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 170
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Venture - Series Unknown $200k–$10M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $14M in 2021

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
  • Nucleon Security — Zero-Trust and ML-based Endpoint Detection and Response Platform #EDR #FDR #EndpointSecurity
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Timon Capital
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Nigeria Internet startups

At Timon Capital, they have tremendous respect for the entrepreneurial journey—especially in emerging markets. As former entrepreneurs, they have built companies and gone through the frustration of trying to manage wayward investors. They decided to hold themselves to a higher standard and named ourselves Timon: a Greek word that means ‘the oneinfluenced by honor’ as well as ‘fairly priced.’

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Investment focus

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

Investor stats

  • Total investments: 28
  • Round size: Seed $100k–$8.5M; Pre-Seed $200k–$4M; Series A $14M–$30M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Waza — Waza is a web platform with APIs. It helps startups and emerging market businesses manage their cash flow issues, invoicing needs, and international payment requirements.
  • Zone — Zone is a regulated blockchain network that enables payments and acceptance of digital currencies.
  • OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 5 investments in Nigeria Internet startups, 7 in the past 12 months

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 217
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M; Venture - Series Unknown $200k–$500k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Zazu — Zazu is a neobank for African SMEs, offering seamless banking tools, cash flow automation, and real-time insights. Zazu simplifies finance management in one all-in-one solution.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Nigeria Internet 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: 106
  • Round size: Seed $30k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Accounteer — Accounteer is a cloud accounting platform for small businesses. Business owner can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Future proof your business today by subscribing for a free Accounteer trial account.
  • Spring in Africa — Wallets Africa helps Africans and African-owned businesses send money, receive money, make card payments, and access overdrafts.
  • 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.
Show all investments...

EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria Internet startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

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

Investor stats

  • Total investments: 57
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$2.2M; Series A $1.2M–$22M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $8M in 2023

Portfolio highlights

  • Printivo — Design & print Business Cards, flyers, mugs and other print products online and we will deliver your doorstep. Get instant quotes.
  • S&T Media — AdPump The Best Digital Platform to advertise your products and services
  • Rana Energy — No. 1 Solar Community in Africa
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Technovision Communications
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria Internet startups

We Find, Fund and Follow African Founders into the future.

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Seed $500k–$5M; Pre-Seed $50k–$100k
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Niteon — Niteon - Where Africa trades with the world on its own terms.
  • Blueroomcare — Blueroomcare offers private, affordable online counseling via app messaging, videos, and voice messages when you need it from licensed therapists. Get help, you deserve to be happy!
  • HouseAfrica — NetAccess Communication Nigeria Limited operates in the real estate industry. The company's primary focus is on software engineering, mobile development, and DevOps engineering. It also provides services related to internet use and communication. The company's team includes a CEO and a CTO, among others, who work together to deliver theirservices. NetAccess Communication Nigeria Limited also has a connection with HouseAfrica, indicating a potential collaboration or partnership between the two entities.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 4 investments in Nigeria Internet startups

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 263
  • Round size: Seed $550k–$6M; Pre-Seed $200k–$2.5M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Rilla — Demonstrating 90% reduction in cost-to-serve for live-streaming, Rilla is rewiring the content economy, directing the value generated back to creators and their communities.By leveraging audience bandwidth and rewarding them with ownership in the network, the savings are equivalent to a free month subscription every year for a moderate level ofviewership.Founded by the technical founders behind Altered State Machine, acquired for 214m. Together for 5+ ventures, collectively raising 130m+ and valued at 1b+.
  • Osmo — Osmo is a payment company that helps people to send and receive money immediately.
  • Uniblock — Uniblock helps connect developers with Web3 using our APIs and services. Our developers use Uniblock because of how easy it is to integrate into exciting applications. Try it for free today!
Show all investments...

HoaQ
VC Fund · Dublin, Dublin, Ireland · 4 investments in Nigeria Internet 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.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria Internet startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

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

Investor stats

  • Total investments: 77
  • Round size: Seed $600k–$3.7M; Pre-Seed $25k–$2.1M; Series A $500k–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $5M in 2023

Portfolio highlights

  • SehaTech — Welcome to SehaTech, the groundbreaking company revolutionizing the health insurance market with our innovative solutions!
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Eduflexx AI — EduFlexAI is an AI-driven ed-tech platform that personalizes learning by adapting school curriculums to individual student needs. Using advanced machine learning, real-time analytics, and AI-powered tools, EduFlexAI enhances engagement, improves academic performance, and optimizes teacher efficiency. Our mission is to make quality education morepersonalized, inclusive, and accessible for students worldwide.
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Musha Ventures
VC Fund · New York, New York, United States · 4 investments in Nigeria Internet startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 203
  • Round size: Seed $125k–$7.5M; Pre-Seed $100k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • 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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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 4 investments in Nigeria Internet startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

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

Investor stats

  • Total investments: 76
  • Round size: Seed $1.5M–$6M; Pre-Seed $100k–$6.5M; Series A $3M–$15M
  • Lead/follow: 4% lead, 96% 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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4DX Ventures
VC Fund · Brooklyn, New York, United States · 4 investments in Nigeria Internet 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: 93
  • Round size: Seed $456k–$8M; Pre-Seed $50k–$6.5M; Series A $3M–$40M
  • Lead/follow: 34% lead, 66% 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
  • Aether Bio — Aether uses its state of the art platform to rapidly engineer enzymes, enabling our customers to manufacture complex and novel products at fractional cost.
  • Aethex — End to end voice agents localized for your market.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria Internet 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, B2B
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 37
  • Round size: Seed $550k–$4M; Pre-Seed $450k–$1M; Series A $50k–$10M
  • Lead/follow: 46% lead, 54% 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 — Control what AI coding assistants can install. Approve libraries, MCP servers, and extensions before they enter your codebase.
  • EMTECH — Cari pragmatic slot gacor? Cek info RTP slot Pragmatic Play terupdate di AkongCuan. Mulai modal slot depo 5K sekarang, mainkan, dan raih cuan maksimal!
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Atlantica Ventures
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Nigeria Internet startups

Discover African Tech Venture Capital with Atlantica Ventures and explore trusted services built for your goals today.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $1.5M–$3.7M; Pre-Seed $450k–$2.1M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Nosible — NOSIBLE gives AI complete situational awareness. Our 30-year intelligence platform detects and enriches global events, from politics to finance to sports, in near-real-time.
  • Salus Cloud — Empowering developers worldwide with seamless and secure application deployment and management. Join the revolution. #Salus_Cloud
  • Cybervergent — Cybervergent is a technology company that specializes in providing top-notch cybersecurity solutions to businesses and organizations.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Nigeria Internet startups

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $1.4M–$3.7M; Pre-Seed $700k–$2.1M; Series A $4M–$40M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
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Antler
VC Fund · Singapore, Central Region, Singapore · 3 investments in Nigeria Internet startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2215
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$645k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.
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Flourish Ventures
VC Fund · Redwood City, California, United States · 3 investments in Nigeria Internet startups

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 199
  • Round size: Seed $2M–$8.5M; Series A $5.2M–$33M; Series B $10M–$65M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • Akua — Transformative payments infrastructure, Akua's cloud-native platform offers acquiring-as-a-service for all payment rails
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
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SC NABUBOTO
VC Fund · 3 investments in Nigeria Internet startups

Private investment vehicle

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Investment focus

  • Industry: Genetics, Logistics, Therapeutics
  • Stage:Seed, Series A, Series C
  • Geography: France, Nigeria

Investor stats

  • Total investments: 4
  • Round size: Series A $915k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Xenothera — Xenothera is a xenotherapy platform with embedded technology that renovates immunological treatments. Xenothera creates new therapeutic modes in numerous domains from immunomodulation to infectious diseases.Xenothera's technological platform is built on a double expertise of animal genetics and mastery of immunology processes. It renovatespassive immunotherapy by marketing a new generation of hyperimmune polyclonal sera.Xenothera’s platform ensures short-time development thanks to their mastery of the entire process, from animal genetics, choice of the immunogen, selection, and purification of interesting immunoglobulins, and access to market authorization in accelerated timescale.
  • Kwik — Your parcels delivered on-demand, safer, cheaper - Soon in Lagos
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Lynett Capital
VC Fund · San Francisco, California, United States · 3 investments in Nigeria Internet startups

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

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $120k–$3M; 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 delivers infrastructure-free positioning for people, assets, and robots. Track indoors, outdoors, and GPS-denied environments with the Universal Positioning System, Software SDK, and Asset Tags.
  • Ribbon — Go live with an inheritance center that your members deserve
  • Luminate — 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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Rising Tide Africa
VC Fund · 3 investments in Nigeria Internet startups

Rising Tide Africa is a women-led angel network empowering female investors and entrepreneurs through mentorship, investments, and partnerships across Africa.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United Kingdom, Ghana

Investor stats

  • Total investments: 19
  • Round size: Seed $75k–$6.1M; Pre-Seed $100k–$600k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Figorr — Figorr is your go-to, for accessing reliable information on temperature, humidity, and location. Experience the next generation of data-driven insights with Figorr today.
  • Wazima — Africa's leading patient management & tele-health service provider.
  • Amayi Foods — Amayi Foods is a Nigerian company and one of core beliefs is ensuring that have a positive impact on operating environment.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in Nigeria Internet startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 111
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • LipaLater — LipaLater is a lending marketplace that provides postpaid payments at e-commerce stores. They are making technology affordable for you. Get the electronic of your choice today and pay for it in comfortable monthly installments.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Future Africa
VC Fund · San Francisco, California, United States · 3 investments in Nigeria Internet 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: 91
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • 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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Social Capital
VC Fund · Palo Alto, California, United States · 3 investments in Nigeria Internet 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: 390
  • Round size: Seed $1M–$7M; Series A $3.5M–$17M; 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 — Athos uses EMG real-time biofeedback to help you go from guessing to knowing if you are performing at your best. #BuildBetterAthletes
  • Mason America, Inc. — Mason is the device innovation platform for product leaders who dare to deliver the next innovation in their field.
  • Biz AI Last — Your dedicated IT department. AI-assisted triage, live expert support via chat, remote connection to fix issues directly, and on-site technicians when needed.
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Le Studio VC
VC Fund · Paris, Ile-de-France, France · 2 investments in Nigeria Internet startups

Le Studio invests in disruptive European early-stage start-ups.

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Investment focus

  • Industry: Software, Artificial Intelligence, Mobile
  • Stage:Seed, Series A, Pre-Seed
  • Geography: France, Italy, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $362k–$2.1M; Series A $8.8M–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • FairMoney — Digital banking and Instant Loans in Nigeria providing collateral-free personal loans, a bank account with free bank transfers, and zero convenience fee on b...
  • Proportunity — Proportunity is a technology-driven mortgage lender. The company pushes the edge on real estate data-driven investment insights. It uses machine learning to accurately forecast house prices and up-and-coming areas, providing loans to buyers looking to purchase homes in forecasted high-growing areas.Vadim Toader and Stefan Boronea startedProportunity in 2016, which is headquartered in London, England.
  • Foxintelligence — Discover key insights into digital purchasing trends with NielsenIQ. Enhance your strategy with our data. Explore now!
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Momentum 6
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Internet startups

Building momentum for ideas in WEB3.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 119
  • Round size: Seed $1.4M–$8.4M; Pre-Seed $1.2M–$2M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Rivalz Network — Join the connectivity infrastructure between AI Agents, DeFAI and Markets.
  • RiskLayer — RiskLayer is an economic security middleware for DeFi and providing services and validating Creating positive feedback loops.
  • Perceptron Network — AI agents that learn, earn, and reward trust. Perceptron powers a decentralized mesh of reputation and revenue. Perceptron Network is the first AI-powered system where interactions drive growth and earn real rewards.
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Ardent Capital
VC Fund · Bangkok, Krung Thep, Thailand · 2 investments in Nigeria Internet startups

Leading Venture Capital & Builder in Southeast Asia | Experts in E-Commerce, B2B, B2C, Fulfilment Startups | Seed, Series A Funding

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Indonesia, Thailand

Investor stats

  • Total investments: 42
  • Round size: Seed $100k–$2.7M; Pre-Seed $100k–$350k; Series A $100k–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2014

Portfolio highlights

  • Laborhack — LaborHack offers a select network of tested and certified carpenters, plumbers, electricians, masons, welders, and other tradespeople. It provides cleaning, plumbing, electrical, and HVAC services.
  • 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
  • Feather Africa — Feather Africa provides money transaction services, such as enabling users to send and receive money from anyone using the application. It offers withdrawals of cash without ATM cards by sending money to the nearest cash vendors.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 2 investments in Nigeria Internet startups

TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 68
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$15M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $150M in 2022

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
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Nigeria Internet startups

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Investment focus

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

Investor stats

  • Total investments: 45
  • Round size: Seed $250k–$6M; Pre-Seed $200k–$3M; Series A $2M–$37M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Klub — India's leading Revenue Based Financing platform with a vision to revolutionize growth capital. Join the Klub for fast, fair & flexible funding.
  • Savannah Brands — Savannah Brands is a food & beverage company.
  • African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Nigeria Internet startups

Women Entrepreneurship for Africa

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Investment focus

  • Industry: Health Care, Agriculture, Food and Beverage
  • Stage:Pre-Seed, Grant
  • Geography: Nigeria, Uganda, Cameroon

Investor stats

  • Total investments: 116
  • Lead/follow: 99% lead, 1% follow

Portfolio highlights

  • ORIKI — A wellness + farm to skin brand that creates pampering experiences and luxurious natural personal grooming products. Sharing Africa!
  • Mukuru Clean Stoves — Earthshot Prize Winner 2022. We use recycled metal to manufacture improved, efficient and affordable cookstoves.
  • Loom Craft Chocolate — Loom Craft Chocolate is a artisanal cocoa processor with a strong focus on the quality of our products and the sustainability of our processes.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 2 investments in Nigeria Internet startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

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

Investor stats

  • Total investments: 603
  • Round size: Seed $1M–$8M; Pre-Seed $713k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • Facility — Flexkeeping is a Hotel Operations Platform designed to help teams automate and collaborate like never before.
  • Polaron — Material Design. Supercharged with AI.
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Full Circle Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Nigeria Internet startups

Full Circle is a proprietary investment firm, based in Africa, investing in Venture capital, Commercial Real Estate and Hospitality.

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Investment focus

  • Industry: FinTech, Banking, Wellness
  • Stage:Seed
  • Geography: Kenya, United States, Mexico

Investor stats

  • Total investments: 33
  • Round size: Seed $100k–$3.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Laylo — Laylo is a boxed wine brand.
  • Badili — Badili is a one-stop shop for buying and selling used and refurbished phones. Founded in 2021 and is based in Nairobi.
  • Incredible — Pay off credit cards faster, reduce your interest payments and reclaim your financial freedom.
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Resilience17
VC Fund · 2 investments in Nigeria Internet startups

Resilience17 is an Investment firm.

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Investment focus

  • Industry: Sports, Finance, Outdoors
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 49
  • Round size: Seed $1.2M–$12M; Pre-Seed $100k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Glouse — Glouse is an online application that provides groceries at the lowest prices with the same day deliveries.
  • Klasha — At Klasha, we're simplifying borderless payments for commerce in Africa. We help merchants worldwide sell online to Africa and receive payments in local African currencies while enjoying super fast last-mile delivery to customers across the continent.
  • 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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BluePointe Ventures
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Internet startups

We look for enablers of change that could have a meaningful impact to the Human Experience.

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Investment focus

  • Industry: Software, Artificial Intelligence, Enterprise Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Mexico, Nigeria

Investor stats

  • Total investments: 69
  • Round size: Seed $1.2M–$6M; Series A $3.9M–$25M; Series B $15M–$290M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Accio3D — Arcessio's AI agents turn engineering data into manufacturing decisions and procurement-ready workflows, then orchestrate production through qualified suppliers.
  • Prezent AI — Presentation productivity platform for enterprise teams. Add zen to your presentations!
  • Impulse Space — Economical and nimble last-mile space payload delivery
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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Nigeria Internet startups

Kaleo Ventures is an investment firm prefers to invest in early-stage companies across Africa.

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Investment focus

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

Investor stats

  • Total investments: 56
  • Round size: Seed $25k–$2.7M; Pre-Seed $50k–$1M; Series A $100k–$15M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Cuoral — Proactive customer success and engagement. We help you reduce customer churn and increase retention and revenue.
  • BankWise — Liga123 merupakan situs slot jackpot 888 slots paling gacor dan juga platform ini terdata paling banyak dicari hari ini karena memiliki akses yang mudah tanpa harus menggunakan Apk tambahan seperti VPN untuk memainkan game favorit.
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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Thorburn Investments Nigeria
VC Fund · 2 investments in Nigeria Internet startups

Thorburn Investments Nigeria

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Investment focus

  • Industry: Logistics, E-Commerce Platforms, Location Based Services
  • Stage:Seed, Series A
  • Geography: Nigeria

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kwik — Your parcels delivered on-demand, safer, cheaper - Soon in Lagos
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Nordea
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Nigeria Internet startups

Nordea Bank is Denmark's second-largest bank and counts every fourth Dane among its customers. Through their nationwide network of some 340 branch offices and a broad range of self-service facilities, they are able to offer you a full scale of financial products and services, including Netbank, Online Investment, telephone banking and cashdispensers.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Debt Financing, Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
  • Statzon — Make data-driven plans & faster decisions with a simple access to +1M datasets & market reports about 8,000 topics from +200 trusted data providers.
  • Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.
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True Capital Management
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Internet startups

Achieve your financial goals & build generational wealth with our entertainer & athlete wealth management services. Offering comprehensive financial planning.

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Investment focus

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

Investor stats

  • Total investments: 151
  • Round size: Seed $949k–$4.4M; Pre-Seed $125k–$725k; Series A $9.1M–$555M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2012

Portfolio highlights

  • StackAI — Stack AI supercharges businesses. Deploy AI-powered applications in minutes, automate processes, and skyrocket productivity by connecting LLMs to data sources using Stack AI's no-code platform. Export your work with user-centric interfaces (chatbots and forms) and developer-friendly APIs.
  • Milano Vice — Milano Vice is building a new virtual food brand by working with professional kitchens to prepare and deliver delicious pizzas to home.
  • Kapital — Kapital empowers SMBs with a tech-banking platform giving visibility and control of their treasury, and their employees
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GreenHouse Capital
VC Fund · Ikeja, Lagos, Nigeria · 2 investments in Nigeria Internet startups

GreenHouse Capital’s Founding Partners took their own fintech company Venture Garden Group (VGG) from a 7 employee, ₦30 million revenue startup to a 200 employees, ₦2 billion power house in just 4 years and raised an attention grabbing Series A round from Convergence Partners of South Africa. The uniqueness of their position was not lost on thefounders who then cultivated Garden Institute of Business Entrepreneurs (GIBE) to identify, incubate, and invest in young and innovative tech startups solving global challenges in Emerging Markets. GIBE was created to build a world class talent management hub for young and passionate entrepreneurs while creating a pool of technology inclined businesses and innovation oriented leaders.

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Investment focus

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

Investor stats

  • Total investments: 32
  • Lead/follow: no public data

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
  • 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.
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Western Technology Investment
VC Fund · Portola Valley, California, United States · 2 investments in Nigeria Internet 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: 259
  • Round size: Seed $1.5M–$13M; Series A $2.5M–$22M; 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

  • Meta — At Meta, they work on landmark AI challenges that have the power to transform how scientific knowledge is experienced and consumed. Meta provides innovators throughout the scientific ecosystem with powerful views of the current and future trajectories of science and technology with the goal of making all scientific knowledge computable. Meta’smission is to unlock all of the world’s scientific and technical insights using artificial intelligence.
  • 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.
  • Prosper Medical — Prosper Medical is a telemedicine platform that connects members with physicians for personalized healthcare services.
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Onega Ventures
VC Fund · 2 investments in Nigeria Internet startups

Onega Capital investment targets are early-stage blockchain projects, and it aims to formulate strategic conditions for mutual learning, common practice, common progress, common retreat, mutual encouragement and common prosperity, and attract investment in an open and embracing way.

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Investment focus

  • Industry: Gaming, Web3, Internet
  • Stage:Seed
  • Geography: Nigeria, Panama

Investor stats

  • Total investments: 3
  • Round size: Seed $735k–$1.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Wicrypt — Wicrypt is a dynamic organization that consistently allows its users to get paid by sharing their Wi-Fi.
  • Gamic — Africa's biggest gaming guild.
  • Rise Of Defenders — Rise of Defenders is a very interesting Metaverse NFT game, you can use your creativity and tactical thinking to become an excellent player and receive extremely attractive rewards.
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Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Nigeria Internet startups

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain hasmanaged a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 677
  • Round size: Series A $2.4M–$63M; Series B $4.3M–$109M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Eyeota — Engage your best customers with trusted audience data | enrich insights, enhance personalization and transform audience targeting.
  • Moi — Moi Corporation was founded to deliver on the promise of the Twitcasting social live streaming platform. We developed Twitcasting to enable people to stream and share live video anytime, anywhere - connecting the world in real-time. TwitCasting provides a live streaming social platform that enables real-time chat between broacasters andviewers, through apps or desktop. Users can follow their favorite broadcasters and receive notifications when new a new live stream is about to start. Broadcasters can save and publish their live streams for later viewing.In early 2014 we added "Collabo" to Twitcasting, enabling as many as 6 users to broadcast together, in a single display. Viewers can join a broadcast that is already streaming live and broadcast together. It is the first app to support multi-device broadcasting in a single stream on mobile and PC. Our user base has doubled every year, and hit 7.5 million in September, 2014. While the largest part of our base is in Asia, users in US, Brazil, Mexico and other Latin American countries are now growing rapidly. About 70% of our users are under 25 years old, & approximately 95% of broadcasters shoot on mobile. 
  • Deeping Source — Real-time Video Analytics based on Data Anonymization. High-accuracy computer vision for large-scale spaces: hypermarkets, shopping malls, convention centers, hospitals, logistics warehouses, construction sites, etc.
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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 2 investments in Nigeria Internet startups

Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.

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Investment focus

  • Industry: Financial Services, Finance, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 32
  • Round size: Seed $600k–$4.9M; Pre-Seed $40k–$1.3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
  • Herconomy (Ex AGS Tribe) — Herconomy is a platform that allows women build their finances, capacity, collaborate and access opportunities.
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Cascador
VC Fund · Lekki, Lagos, Nigeria · 2 investments in Nigeria Internet startups, 7 in the past 12 months

Cascador | Business Growth Accelerator for Mid-Stage Nigerian Companies Cascador is a business growth program for Nigerian entrepreneurs leading mid-stage companies, providing mentoring and access to advisors, and investors.

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Investment focus

  • Industry: Agriculture, Internet, Renewable Energy
  • Stage:Debt Financing, Seed, Grant
  • Geography: Nigeria, France, United States

Investor stats

  • Total investments: 27
  • Round size: Grant $15k–$115k; Debt Financing $146k–$1.8M
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy
  • Koolboks — Koolboks: solar-powered, financially accessible fridges with an integrated pay-as-you-go platform dedicated to making cooling accessible to all of Sub-Saharan Africa. Get a Koolboks refrigerator for as little as 25k Naira down payment today!
  • Fortics Lifecare — Fortics Lifegroup is a healthcare holding company developing existing healthcare assets into world-class health facilities.
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RaliCap
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Internet startups, 6 in the past 12 months

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

Investor stats

  • Total investments: 62
  • Round size: Seed $1.4M–$5.5M; Pre-Seed $300k–$3.7M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Cata — Launch your branded mobile app for ordering, CRM & loyalty. Increase order frequency & basket size. Learn how Cata can scale your business!
  • Upper — Transforming cross-border e-commerce in Latin America
  • Gangkhar — Gangkhar provides AI-native embedded insurance infrastructure for digital platforms, insurers, MGAs, and brokers to launch, optimize, and scale embedded protection.
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Newfund
VC Fund · Paris, Ile-de-France, France · 2 investments in Nigeria Internet startups

Newfund is a $300M entrepreneurial VC firm dedicated to pre-seed and seed investments in France and North America, in companies driving global change. The company is always looking for founders who are driven to realize a vision that will significantly alter the world in which we live. In order to appreciate what entrepreneurs are creating andutilize their strengths, Newfund aims to comprehend entrepreneurs as unique individuals.

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Investment focus

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

Investor stats

  • Total investments: 188
  • Round size: Seed $1.1M–$6M; Series A $2.2M–$15M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Zinier — Zinier builds customizable field service management software that enables you to create the field service workflows you need, without touching a line of code.
  • Moodwork — Moodwork is the digital solution for Quality of Life at Work. Numerous scientific research around the quality of life at work has led to a better knowledge of the professional world.
  • AI-Stroke — Developer of an artificial intelligence-powered mobile application designed to assist in pre-CT/MRI stroke diagnostics. The company offers a platform that guides first responders and patients through relevant exercises for stroke detection, captures and analyzes video data, and leverages the world's largest proprietary stroke patientvideo dataset (20,000 videos and 6 million images), enabling patients with a diagnosis and outcomes by reducing delays in treatment for stroke, increasing the number of treatment procedures, and recuding the rehab costs.
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Double Feather Partners
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Nigeria Internet startups

Double Feather Partners is committed to solving social problems in developing countries, especially in Africa, through financial, strategic, and M&A advisory services, and to contributing to a world in which all people can enjoy the benefits of services that form the foundation of society. We will contribute to the realization of a world in which all people can enjoy the benefits of fundamental social services.

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Investment focus

  • Industry: FinTech, Transportation, Apps
  • Stage:Seed, Series A, Series B
  • Geography: Japan, Egypt, Kenya

Investor stats

  • Total investments: 11
  • Round size: Seed $1M–$30M; Series A $7M–$30M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Nawah Scientific — Nawah is MENA & Africa's first Cloud Lab providing R&D services to the region's scientific sectors.
  • Anda Africa — Anda is Angola’s leading mobility fintech platform, providing asset financing, ride hailing, and delivery services to empower mobility entrepreneurs. Built for emerging markets, Anda bridges the credit gap by financing productive assets such as motorcycles, tricycles, and cars, enabling drivers to own their vehicles, increase their earnings, andenter the formal economy. Through technology driven credit profiling and fully digitized payments, Anda creates financial identities for people who were previously underserved and unlocks responsible access to financial services. As an impact driven company, Anda brings together mobility, financing, and digital payments to deliver safe, affordable, and inclusive transportation while enabling a new generation of financially empowered entrepreneurs.
  • Hello Tractor — Growing together with technology. At Hello Tractor, we combine innovation and impact to power smarter farms, stronger communities, and a better agricultural future for Africa.
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Equitable Ventures
VC Fund · Calebasses, Pamplemousses, Mauritius · 2 investments in Nigeria Internet startups

Equitable Ventures is a venture funding firm that focuses on financial inclusion in Africa. It provide opportunity to help Africa's most promising early-stage fintech firms, with both financial rewards and impact.

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Investment focus

  • Industry: Financial Services, Information Technology, AgTech
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Nigeria, South Africa, Ghana

Investor stats

  • Total investments: 24
  • Round size: Seed $100k–$2.6M; Pre-Seed $80k–$1.8M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • Startbutton — Startbutton Africa is a Merchant of Record (digital commerce infrastructure platform) that helps businesses expand across African markets by simplifying payments, compliance, and collections
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 2 investments in Nigeria Internet startups

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 659
  • Round size: Series A $4M–$230M; Series B $15M–$200M; Series C $30M–$400M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Fenda — Fenda is an app where users can set their own price for answering questions in a field they are good at, and others can ask questions and pay for answers. Additionally, users can pay to listen to other questions and answers in the app
  • XtalPi — XtalPi is a pharmaceutical technology company that is reinventing the industry’s approach to drug research and development with its Intelligent Digital Drug Discovery and Development (ID4) platform. Through its tightly interwoven quantum mechanics, artificial intelligence, and high-performance cloud computing algorithms, the ID4 platform enablespharmaceutical companies to increase their efficiency, accuracy, and success rate at critical stages of drug R&D. By accelerating the pace of drug discovery and development, XtalPi aims to contribute to a healthier society worldwide.Founded in 2014 by a group of quantum physicists at MIT, XtalPi has since grown into an elite team of researchers with multi-disciplinary expertise in physics, chemistry, pharmaceutical R&D, and algorithm design. XtalPi has received much recognition for its cutting-edge technologies, its innovative solutions, and the breadth of potential applications of its offerings across the pharmaceutical value chain, which has allowed it to gain industry approval and establish strategic partnerships with several top international pharmaceutical companies.
  • Full Truck Alliance — Full Truck Alliance is a platform that connects shippers with truckers to facilitate shipments across distance ranges and cargo weights. its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services.
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Internet VC funding in Nigeria at a glance

Stats across 143 deals from 198 investors.

198
investors
in Nigeria Internet startups
143
deals
in Nigeria Internet startups
$500k
median round
in Nigeria Internet startups
39%
lead investors
lead at least one round
31%
Seed
most common funding stage

Access all 198 VC funds in Nigeria Internet startups.

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