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Top 45 Manufacturing VC Funds & Investors in Nigeria (October 2026)

The most active venture capital funds investing in Nigeria Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Manufacturing startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
All On
VC Fund
5 Nigeria, Kenya, France Venture - Series Unknown, Seed, Grant Renewable Energy, Energy, Solar $50k–$4M
Harambeans
VC Fund
4 Nigeria, Kenya, Morocco Seed, Angel, Grant Information Technology, B2B, FinTech $100k–$3.1M
Future Africa
VC Fund
4 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Antler
VC Fund
3 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Women Entrepreneurship for Africa
VC Fund
2 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
Ardent Capital
VC Fund
2 Nigeria, Indonesia, Thailand Seed, Pre-Seed, Series A E-Commerce, Internet, Software $100k–$15M
Partech
VC Fund
2 France, United States, Germany Seed, Series A, Series B Software, Artificial Intelligence, E-Commerce $1M–$56M
Consonance Investment Managers
VC Fund
2 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Information Technology $50k–$10M
Aruwa Capital
VC Fund
2 Nigeria, United States, France Seed, Venture - Series Unknown, Series A Health Care, Retail, FinTech $100k–$20M
Genesys
VC Fund
2 Nigeria Seed, Pre-Seed Consulting, Legal, Solar $57k–$57k
Kaleo Ventures
VC Fund
2 Nigeria, United States, Kenya Pre-Seed, Seed, Series A Financial Services, Information Technology, Software $25k–$15M
Renewable Energy Performance Platform (REPP)
VC Fund
1 Ghana, Kenya, Germany Series A, Series B, Series C Energy, Solar, Renewable Energy $2.8M–$40M
Lumos Accelerator
VC Fund
1 United States, Nigeria Convertible Note, Seed iOS, Apps, Retail
CardinalStone Capital Advisers
VC Fund
1 Nigeria Private Equity, Series A, Debt Financing Retail, Banking, Payments $3M–$357M
Equitable Ventures
VC Fund
1 Nigeria, South Africa, Ghana Seed, Venture - Series Unknown, Pre-Seed Financial Services, FinTech, Information Technology $80k–$2.6M
One Capital
VC Fund
1 China, Japan, Nigeria Series A, Seed, Angel Information Technology, Manufacturing, Automotive $292k–$18M
African-Austrian SME Investment Facility
VC Fund
1 Nigeria Debt Financing Manufacturing, Semiconductor, Renewable Energy
EDFI ElectriFI
VC Fund
1 United States, Kenya, France Debt Financing, Venture - Series Unknown, Series A Energy, Solar, Renewable Energy $114k–$30M
Fedha Capital
VC Fund
1 Nigeria, Finland, United States Pre-Seed, Seed, Angel FinTech, Financial Services, Gift $300k–$625k
HealthCap
VC Fund
1 Nigeria, United States, Spain Seed, Pre-Seed, Series A Health Care, Financial Services, FinTech $20k–$37M
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Khosla Ventures
VC Fund
1 United States, United Kingdom, India Series A, Seed, Series B Artificial Intelligence, Software, Health Care $1.8M–$100M
Archangel Fund
VC Fund
1 Nigeria, Ghana, Kenya Seed, Pre-Seed, Venture - Series Unknown Financial Services, Logistics, Finance $25k–$13M
SAHEL Capital
VC Fund
1 Nigeria, Ghana, Kenya Debt Financing, Private Equity, Series B Agriculture, Farming, Food and Beverage $500k–$2.4M
Acumen
VC Fund
1 United States, India, Kenya Seed, Venture - Series Unknown Agriculture, Solar, Farming $300k–$7.4M
Plesion Capital
VC Fund
1 Kenya, Uganda, Nigeria Seed, Pre-Seed B2B, AgTech, Billing $250k–$2M
AfricInvest
VC Fund
1 Tunisia, Kenya, Morocco Private Equity, Venture - Series Unknown Financial Services, Manufacturing, FinTech $2.1M–$20M
Eudaimonia Capital
VC Fund
1 United States, China, Singapore Seed, Series A, Pre-Seed Software, Artificial Intelligence, Mobile $800k–$20M
Social Investment Managers & Advisors
VC Fund
1 United States, India, Kenya Debt Financing, Series C, Post-IPO Equity Solar, Renewable Energy, Energy $150k–$90M
RGreen Invest
VC Fund
1 France, United Kingdom, Mali Venture - Series Unknown, Debt Financing, Series A Renewable Energy, Solar, Energy $11M–$168M
European Investment Bank
VC Fund
1 France, Germany, Spain Debt Financing, Post-IPO Debt, Venture - Series Unknown Biotechnology, Energy, Health Care $8.7M–$587M
Africa Development Capital
VC Fund
1 Nigeria Series A Automotive, Industrial, Manufacturing
Growth Capital
VC Fund
1 Nigeria Pre-Seed, Seed, Venture - Series Unknown EdTech, Software, Medical $100k–$300k
AFEX
VC Fund
1 Nigeria Series A AgTech, Farming, Agriculture
BREEGA
VC Fund
1 France, United Kingdom, United States Seed, Series A, Venture - Series Unknown FinTech, Software, Financial Services $1.1M–$24M
Vami Nigeria
VC Fund
1 Nigeria Series A AgTech, Farming, Agriculture
Thescathcompanies
VC Fund
1 Nigeria Pre-Seed Consulting, B2B, Gift
Agrolay Advisors
VC Fund
1 Nigeria, United States Seed FinTech, Food and Beverage, Financial Services $100k–$4M
B-Knight
VC Fund
1 Nigeria Pre-Seed Outdoors, Furniture, E-Commerce
Montane Capital
VC Fund
1 Nigeria Pre-Seed Outdoors, Furniture, E-Commerce
Flori Ventures
VC Fund
1 United States, United Kingdom, Israel Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, FinTech $100k–$11M
Mercy Corps Ventures
VC Fund
1 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Agriculture $100k–$35M
Greatman Legend
VC Fund
1 Nigeria Venture - Series Unknown
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $100k–$10M
Ajayi Solutions
VC Fund
1 Nigeria Seed Retail, Agriculture, Farming
Access all 88 VC funds in Nigeria Manufacturing startups.

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

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Investor list

All On
VC Fund · Ikoyi, Lagos, Nigeria · 5 investments in Nigeria Manufacturing startups

All On: Energy Innovations. Powerful Collaboration. Our mission is to increase access to commercial energy products and services for under-served and un-served off-grid energy markets in Nigeria, with a special focus on the Niger Delta sources in Nigeria.

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Investment focus

  • Industry: Renewable Energy, Energy, Solar
  • Stage:Venture - Series Unknown, Seed, Grant
  • Geography: Nigeria, Kenya, France

Investor stats

  • Total investments: 28
  • Round size: Seed $100k–$2.5M; Grant $50k–$395k; Venture - Series Unknown $500k–$4M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Maskh Nigeria — Maskh Nigeria Limited is an infrastructure firm composed of professionals with experience in renewable energy, construction, engineering, electrification, and procurement services. Spanning decades of operations, the company delivers efficient solutions for both government ministries and private sector clients.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
  • Powergen Renewable Energy — PowerGen is leading the clean energy transition in Africa as a developer, builder, and operator of solar mini-grids throughout the continent. PowerGen is backed by sector leaders including Shell, Acumen, Omidyar Network, Sumitomo, DOB Equity, ElectriFI, REPP, and the Rockefeller Foundation. PowerGen has pioneered the solar mini-grid sector inAfrica and is a founding member of the Africa Mini-grid Developers Associaiton (AMDA).
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Harambeans
VC Fund · 4 investments in Nigeria Manufacturing startups

Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.

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Investment focus

  • Industry: Information Technology, B2B, FinTech
  • Stage:Seed, Angel, Grant
  • Geography: Nigeria, Kenya, Morocco

Investor stats

  • Total investments: 11
  • Round size: Seed $100k–$3.1M
  • Lead/follow: 18% lead, 82% 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.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • 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.
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Future Africa
VC Fund · San Francisco, California, United States · 4 investments in Nigeria Manufacturing 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: 92
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

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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Antler
VC Fund · Singapore, Central Region, Singapore · 3 investments in Nigeria Manufacturing 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: United States, Singapore, Australia

Investor stats

  • Total investments: 2382
  • Round size: Seed $158k–$4.6M; Pre-Seed $100k–$600k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • myluigi.ai — Luigi is an AI-Powered Full-Stack Game Growth-as-a-Service platform designed to help mobile game studios scale user acquisition, engagement and lifetime value without adding headcount. Its dual-engine architecture automates and operates everything from ad campaign creation and real-time creative optimization to personalized in-game offers and LTVforecasting—delivered through a single, easy-to-integrate and unified dashboard. With a flexible per-title pricing model and powerful machine-learning insights, Luigi empowers mid-sized and indie developers to reduce CPI, boost retention and chart a clear path toward sustainable growth and seven-figure ARR.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Nigeria Manufacturing 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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Ardent Capital
VC Fund · Bangkok, Krung Thep, Thailand · 2 investments in Nigeria Manufacturing 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: 45
  • Round size: Seed $100k–$2.7M; Pre-Seed $100k–$400k; Series A $100k–$15M
  • Lead/follow: 13% lead, 87% 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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Partech
VC Fund · Paris, Ile-de-France, France · 2 investments in Nigeria Manufacturing startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: France, United States, Germany

Investor stats

  • Total investments: 694
  • Round size: Seed $1M–$8.8M; Series A $4.5M–$28M; Series B $9M–$56M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely actively investing — fresh fund, raised $345M in 2026

Portfolio highlights

  • Modeinspect — acreom is the integrated markdown knowledge base with tasks. Your personal daily driver for your dev workflow.
  • TeamToolz — TeamToolz creates and implements user-friendly applications that simplify and streamline the creation, management and archiving of marketing communications. Addressing the urgency of time to market, our web-based tools better enable entire brand launches by coordinating the workflow of multiple outside agencies and internal groups, for moreintegrated worldwide brand management.
  • Revibe — Buy refurbished & used electronics (Smartphones, Laptops) in UAE at Revibe. Free delivery & 12 months warranty. Certified tech by our experts. Order Now!
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Nigeria Manufacturing 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, Financial Services, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 45
  • Round size: Seed $550k–$4M; Pre-Seed $185k–$1M; Series A $50k–$10M
  • Lead/follow: 44% lead, 56% 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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Aruwa Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Nigeria Manufacturing startups

Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund.

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Investment focus

  • Industry: Health Care, Retail, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 23
  • Round size: Seed $100k–$3M; Series A $11M–$20M; Venture - Series Unknown $1.5M–$2M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely actively investing — fresh fund, raised $35M in 2025

Portfolio highlights

  • 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!
  • Sika — Sika Box offers a comprehensive solution for global payment processing, focusing on bridging the payment divide between global enterprises and emerging markets. Utilizing blockchain and modern technologies, Sika Box re-engineers the payment process from customer acquisition to settlement. The platform enables merchants to offer alternate and localpayment options, facilitating seamless transactions. With a unified payment infrastructure named STASH, Sika Box allows merchants to consolidate payments from across the globe through a single payment gateway integration, simplifying the global commerce landscape for businesses.
  • Yikodeen — Yikodeen is a well-known and established footwear manufacturing company.
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Genesys
VC Fund · Enugu, Enugu, Nigeria · 2 investments in Nigeria Manufacturing startups

#weAreGenesys, a people-centred community focused on growing talents and businesses and developing technical capacity in Nigeria. @_learnable

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Investment focus

  • Industry: Consulting, Legal, Solar
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $57k–$57k
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Scuudu — Scuudu is a Research and Dev. Lab with dreams to change the Nigerian tech story for good through avant garde technologies. https://t.co/nmPliXNRjT
  • Lawyerpp — Affording Lawyers with the tools to run virtual Law Firms globally. Watch out for the Panic Button on the mobile app!
  • Greenage Technologies Power Systems — Delivering Solar Energy Access through local engineering and technology MINI-GRIDS, SOLAR INSTALLATION, SOLAR ENGINEERING WHO WE ARE Solar INVERTER COLLECTION...
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Access 48,091 investors

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

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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Nigeria Manufacturing 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, Software
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 58
  • Round size: Seed $25k–$2.7M; Pre-Seed $100k–$1M; Series A $100k–$15M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $1.1M in 2024

Portfolio highlights

  • 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.
  • ChipMango — ChipMango is a semiconductor company that provides chip design and pre-manufacturing engineering services.
  • Aeon Cyber Defense — Aeon is a cybersecurity company focused on securing cloud, code, runtime, and AI environments.
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Renewable Energy Performance Platform (REPP)
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Manufacturing startups

The Renewable Energy Performance Platform is a UK government funded programme supporting the growth of renewable energy industries in African countries.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Series A, Series B, Series C
  • Geography: Ghana, Kenya, Germany

Investor stats

  • Total investments: 8
  • Round size: Series A $2.8M–$5M; Series B $15M–$40M; Series C $5M–$5M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Nuru — Nuru is a solar hybrid site. Nuru (Swahili for "light") is a company dedicated to enhancing connectivity in the Democratic Republic of Congo. Nuru deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma, the largest off-grid mini-grid in sub-Saharan Africa.Nuru is arenewable and environment company that specializes in the fields of storage micro-grids and solar energy. The company deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma.Nuru was founded in 2015 and headquartered in Goma, Nord-Kivu, Congo.
  • upOwa — upOwa brings electricity to Africa through our innovative Pay-As-You-Go solar technology for the poorest.
  • Powergen Renewable Energy — PowerGen is leading the clean energy transition in Africa as a developer, builder, and operator of solar mini-grids throughout the continent. PowerGen is backed by sector leaders including Shell, Acumen, Omidyar Network, Sumitomo, DOB Equity, ElectriFI, REPP, and the Rockefeller Foundation. PowerGen has pioneered the solar mini-grid sector inAfrica and is a founding member of the Africa Mini-grid Developers Associaiton (AMDA).
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Lumos Accelerator
VC Fund · 1 investments in Nigeria Manufacturing startups

Investment focus

  • Industry: iOS, Apps, Retail
  • Stage:Convertible Note, Seed
  • Geography: United States, Nigeria

Investor stats

  • Total investments: 11
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Zyp — Zyp views its mission as redefining the cleaning industry to give the masses access to a convenient, flexible and cost-effective way of having their places cleaned. They leverage the power of technology to create a platform that gives both customers and cleaners an unparalleled experience.
  • Beebeejump — A leading solar power company. her main goal is to solve power solution in Africa. With robust technology at hand for the manufacturing of solar systems that fits the requirement of the African terrain, it has a major vision, to light up Africa. She has started the distribution of it solar system in Nigeria and expanding to other African countries.There are more high-quality management personnel, such an excellent team formed, efficient management, perfect network, close cooperation, new ideas. All of these are what Beebeejump solar has provided users with "Easy life with electricity".
  • Autoimmune Citizen Science — AICS is a web research tool for people suffering from chronic illnesses.
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CardinalStone Capital Advisers
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

CardinalStone Partners Limited is a boutique investment banking firm that offers financial advisory services. The firm provides mergers, acquisitions and divestitures, leveraged buyout arrangements, balance sheet optimization, capital restructuring, and competitor strategies advisory services. Additionally, it offers private placements, equitycapital markets and debt financing, and information services.

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Investment focus

  • Industry: Retail, Banking, Payments
  • Stage:Private Equity, Series A, Debt Financing
  • Geography: Nigeria

Investor stats

  • Total investments: 10
  • Round size: Series A $6M–$10M; Debt Financing $3M–$357M
  • Lead/follow: 80% lead, 20% follow
  • Last fund: May invest from a new fund soon — raised $64M in 2019

Portfolio highlights

  • Nomba — Nomba is a design manufacturer and distributor of a variety of payment, inventory management, invoice, and banking electronic devices.
  • Arnergy — Arnergy is a trusted solar energy company that provides clean, reliable, and affordable solar power solutions for homes and businesses, helping you save money while enjoying uninterrupted energy.
  • Nigeria Bulk Electricity Trading — Official Twitter Account of the Nigerian Bulk Electricity Trading Plc (NBET) aka the Bulk Trader.
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Equitable Ventures
VC Fund · Calebasses, Pamplemousses, Mauritius · 1 investments in Nigeria Manufacturing 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, FinTech, Information Technology
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Nigeria, South Africa, Ghana

Investor stats

  • Total investments: 25
  • Round size: Seed $100k–$2.6M; Pre-Seed $80k–$1.8M
  • Lead/follow: 16% lead, 84% 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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One Capital
VC Fund · Shenzhen, Guangdong, China · 1 investments in Nigeria Manufacturing startups

One Capital is a China-based private equity investment firm.

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Investment focus

  • Industry: Information Technology, Manufacturing, Automotive
  • Stage:Series A, Seed, Angel
  • Geography: China, Japan, Nigeria

Investor stats

  • Total investments: 21
  • Round size: Seed $1.5M–$3.3M; Angel $292k–$1.5M; Series A $1.5M–$18M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Beatrust — Tags connect and drive collaboration, expanding your team's potential
  • Nudge — Provider of financial planning platform designed to create a financial institution with new values and behaviors from scratch. The company's platform has been strengthening its team, developing the first service, and preparing for the necessary financial license acquisition, enabling users to secure their future financially.
  • SmarterEye — SmarterEye is a technology company dedicated to the R&D and manufacture of autonomous driving systems and related products.
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African-Austrian SME Investment Facility
VC Fund · Atzgersdorf, Wien, Austria · 1 investments in Nigeria Manufacturing startups

African-Austrian SME Investment Facility is business advisory service provider that also helps firms with funding.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Renewable Energy
  • Stage:Debt Financing
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Westa Solar — Westa Solaris is a semiconductor manufacturing company that designs, installs, finances, and maintains rooftop and ground mounted solar projects for commercial and industrial clients. Westa Solaris manages the design, installation, and maintenance to eliminate risks.
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EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Nigeria Manufacturing startups

Impact investment in sustainable energy

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Debt Financing, Venture - Series Unknown, Series A
  • Geography: United States, Kenya, France

Investor stats

  • Total investments: 68
  • Round size: Series A $2.2M–$30M; Debt Financing $114k–$10M; Venture - Series Unknown $1.6M–$16M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • BURN — Experience clean, safe, and affordable cooking with BURN's innovative cookstoves. Impact lives, reduce emissions, and enjoy delicious meals. Shop now!
  • GOGO Electric — Bodawerk is an innovations and engineering company. Our products are created to serve the needs of people at the bottom of the pyramid.
  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
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Fedha Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

Fedha Capital is a venture capital firm for early-stage start-ups (Seed and Series A).

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Investment focus

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

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $300k–$625k
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • ZirooPay — IroFit mobile card reader allows small businesses accept card payments anywhere they operate, even in areas with poor internet connection. By ensuring widest possible coverage area and effective operations, merchants increase sales and buyers are better served. We improve the overall purchasing experience for billions living in areas withpoor/no Internet connection.
  • Pharmarun — Supporting your health goals | Largest medication inventory in Africa | Nationwide Delivery | Chat with a Pharmacist free https://t.co/8zYyaSpIY6
  • Spleet — Fintech Spleet Provides Tenant verification, Rent collection solutions for landlords and rent financing (Rent now, pay later) for Tenants
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HealthCap
VC Fund · 1 investments in Nigeria Manufacturing startups

Flying Doctors Healthcare Investment Company is a healthcare and wellness sector investment firm.

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Investment focus

  • Industry: Health Care, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Spain

Investor stats

  • Total investments: 16
  • Round size: Seed $20k–$3M; Pre-Seed $100k–$200k; Series A $3M–$37M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • MDaaS Global — At MDaaS Global, we build and operate modern, tech-enabled diagnostic centres in clinically-underserved communities, starting in Nigeria. Our big goal is to create affordable healthcare solutions for Africa's next billion.
  • Nestcoin — Nestcoin is a web3 application company that builds, operates, and invests in crypto-native products.
  • GetEquity — 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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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Nigeria Manufacturing startups, 6 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: 218
  • 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 — fund raised in 2023

Portfolio highlights

  • Zazu — Manza is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
  • 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 — Explore GPU cloud and hardware through AGH Cloud, UduTech's flagship product, and AI advisory for teams in the United States, Africa, the Caribbean and beyond.
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Khosla Ventures
VC Fund · Menlo Park, California, United States · 1 investments in Nigeria Manufacturing startups

Khosla Ventures is a venture capital firm that invests in early- to late-stage companies across sectors like AI, healthcare, sustainability, and consumer technology. It manages multiple funds, focusing on startups with innovative technologies or business models. The firm primarily targets sectors like AI, climate tech, digital health, and medtech,offering strategic support to help build long-lasting companies.

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Investment focus

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

Investor stats

  • Total investments: 1495
  • Round size: Seed $1.8M–$22M; Series A $5.5M–$47M; Series B $10M–$100M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $31M in 2026

Portfolio highlights

  • C the Signs — Discover C the Signs: a cutting-edge cancer prediction system enhancing early detection and survival. Committed to reducing healthcare disparities.
  • LanzaTech — LanzaTech is turning our global carbon crisis into a feedstock opportunity with the potential to displace 30% of crude oil use today and reduce global CO2 emissions by 10%. By recycling carbon from industrial off-gases; syngas generated from any biomass resource (e.g. municipal solid waste (MSW), organic industrial waste, agricultural waste); andreformed biogas, LanzaTech can reduce emissions and make new products for a circular carbon economy.LanzaTech’s carbon recycling technology is like retrofitting a brewery onto an emission source like a steel mill or a landfill site, but instead of using sugars and yeast to make beer, pollution is converted by bacteria to fuels and chemicals! Imagine a day when your plane is powered by recycled GHG emissions, when your yoga pants started life as pollution from a steel mill. This future is possible using LanzaTech technology.
  • littleBits Electronics — LittleBits is an open source library of over 60 electronic modules that snap together with magnets allows users to view, download, and share designs and make their own Bits through the use of prototypes. Deluxe kit, Smart home kit, Arduino coding kit, Synth kit, hardware development kit, and workshop set are some of the electronics learning modulesprovided by littleBits.LittleBits was launched by Ayah Bdeir in 2011 and is operated from New York, United States.
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Archangel Fund
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

Capital for the next generation of founders. First checks into audacious technology across Africa and globally.

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Investment focus

  • Industry: Financial Services, Logistics, Finance
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, Ghana, Kenya

Investor stats

  • Total investments: 8
  • Round size: Seed $2.5M–$13M; Pre-Seed $25k–$450k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pennee — Pennee solves cash flow problems for small businesses starting with credit financing.
  • Yana — AI Powered Software For Lenders. We help lenders improve outcomes, not replace critical stakeholders. Originate. Underwrite. Manage. Collect.
  • Jetstream Africa — Jetstream monitors inventory and goods-in-transit for trade creditors and banks.
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SAHEL Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

Sahel Capital is a leading fund manager and advisory firm focused on West Africa with deep roots in private equity, financial advisory, management consulting and agribusiness. When you partner with Sahel, you benefit from quality financial and operating experience, broad industry knowledge, and a powerful network of global relationships. Through anintegrated approach, we work closely with companies and investment partners to deliver capital solutions and advisory services tailored to fit your unique needs. The power of a partnership with Sahel leads to better investments, stronger businesses, and shared success.

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Investment focus

  • Industry: Agriculture, Farming, Food and Beverage
  • Stage:Debt Financing, Private Equity, Series B
  • Geography: Nigeria, Ghana, Kenya

Investor stats

  • Total investments: 18
  • Round size: Debt Financing $500k–$2.4M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely actively investing — fresh fund, raised $10M in 2025

Portfolio highlights

  • Rasad Nigeria — Origin, crop and record kept together.
  • Persea Oils and Orchards — Persea Oils and Orchards is deeply dedicated to organic and sustainable farming practices fostering agricultural growth.
  • Noma Service Consolidated — Noma Service Consolidated is a commodity trading business that creates organized agricultural markets by linking supply at the source to local and worldwide demand.
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Acumen
VC Fund · New York, New York, United States · 1 investments in Nigeria Manufacturing startups

Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.

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Investment focus

  • Industry: Agriculture, Solar, Farming
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 209
  • Round size: Seed $300k–$2.5M; Venture - Series Unknown $1000k–$7.4M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $123M in 2025

Portfolio highlights

  • PrePex — Non Surgical Male Circumcision for HIV Prevention and social enterprise, offering innovative, affordable and scalable public healthcare solutions
  • Orb Energy — Orb Energy is a vertically integrated solar company that manufactures solar panels, design, install, and services complete system, and finance C&I customers.
  • Gramalaya Urban And Rural Development Initiatives And Network — Gramalaya Urban And Rural Development Initiatives And Network (GUARDIAN) is addressing the complex water and sanitation problems faced by low-income communities in India through its innovative water credit solution. GUARDIAN provides microloans to low-income families seeking to install water and sanitation facilities in their households.
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Plesion Capital
VC Fund · Vienna, Virginia, United States · 1 investments in Nigeria Manufacturing startups

Plesion Capital is a venture capital firm.

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Investment focus

  • Industry: B2B, AgTech, Billing
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Uganda, Nigeria

Investor stats

  • Total investments: 4
  • Round size: Seed $250k–$2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • 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.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 1 investments in Nigeria Manufacturing startups

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

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Investment focus

  • Industry: Financial Services, Manufacturing, FinTech
  • Stage:Private Equity, Venture - Series Unknown
  • Geography: Tunisia, Kenya, Morocco

Investor stats

  • Total investments: 115
  • Round size: Private Equity $6.5M–$18M; Venture - Series Unknown $2.1M–$20M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $36M in 2023

Portfolio highlights

  • Promamec — Since 1981, Promamec has been producing and distributing medical devices in Morocco: equipment, medical equipment or consumable
  • Spoon Consulting — Spoon Consulting provides IT and back-office services related to ERP technologies and cloud technologies.
  • Hi-Tech Detection Systems — Hi-Tech Detection Systems provide services based on analytical science and product inspection. They also launch remote diagnostic solutions for its fleet of analytical instruments and life sciences.
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Eudaimonia Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Nigeria Manufacturing startups

Eudaimonia Capital Pte. Ltd. is a seed stage investments firm.

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $800k–$4M; Pre-Seed $1.3M–$1.3M; Series A $2.8M–$20M
  • Lead/follow: 0% lead, 100% 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.
  • Ayraa — Ayraa blends deep learning AI & enterprise security technology with delightful workplace experiences across the entire employee lifecycle.
  • Inclusively — Retain is the workforce intelligence platform that helps employees find and use the support you already provide, while giving benefits leaders and brokers real-time visibility into what employees actually need.
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Social Investment Managers & Advisors
VC Fund · New York, New York, United States · 1 investments in Nigeria Manufacturing startups

SIMA is a social asset manager dedicated to empowering the Bottom of the Pyramid by providing demand-driven commercial capital and advisory solutions

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Investment focus

  • Industry: Solar, Renewable Energy, Energy
  • Stage:Debt Financing, Series C, Post-IPO Equity
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 12
  • Round size: Debt Financing $150k–$90M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $131M in 2024

Portfolio highlights

  • Altech Group — Altech Group aims at expanding access to clean, renewable, and affordable energy both for poor-grid and off-grid households.
  • Loom Solar Private Limited — Buy solar panel, battery and inverter for home, business, agriculture, DIY projects, and more. from 10 watts -100kW from Loom Solar - India's No. 1 solar company. Choose from solar panels, inverters, lithium batteries, charge controllers to solar installation kit. We provide solar finance for rooftop solar installation
  • Insolation Energy — Insolation Energy is one of the top solar panel manufacturers in India, delivering efficient solar solutions. As a trusted solar power company in India, we are committed to providing clean, sustainable, and affordable electricity for all.
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RGreen Invest
VC Fund · Paris, Ile-de-France, France · 1 investments in Nigeria Manufacturing startups

RGreen Invest is an independent investment management company, and “entreprise à mission” with a proven track record investing and financing the energy transition and adaptation to climate change.

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Investment focus

  • Industry: Renewable Energy, Solar, Energy
  • Stage:Venture - Series Unknown, Debt Financing, Series A
  • Geography: France, United Kingdom, Mali

Investor stats

  • Total investments: 22
  • Round size: Series A $29M–$168M; Debt Financing $15M–$114M; Venture - Series Unknown $11M–$93M
  • Lead/follow: 64% lead, 36% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Geogreen — Geogreen is a geotechnical engineering and civil construction company that offers landscaping and environmental services.
  • SolarX Africa — SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
  • Pathfinder Clean Energy — Pathfinder Clean Energy is a clean energy developer that provides solar development, battery storage, and data centre services.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Nigeria Manufacturing startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Energy, Health Care
  • Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
  • Geography: France, Germany, Spain

Investor stats

  • Total investments: 595
  • Round size: Post-IPO Debt $18M–$587M; Debt Financing $16M–$355M; Venture - Series Unknown $8.7M–$90M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • VaxThera — VaxThera develops and produces vaccines to prevents and treats diseases.
  • Santander Brasil — Banco Santander in Brazil, its largest division in Latin America and one of the world's most important, accounting for 50%.
  • Reactive Technologies — Reactive Technologies we are committed to enabling a more intelligent use of energy, for the largest and most complex business to the smallest household. Our aim is to develop new technologies that will positively assist the energy industry to deliver cleaner, greener and more affordable energy, through more efficient and effective energymanagement and control. Through our innovative, cloud-based solution for Corporate customers – Tradenergy® – we have begun this process and with our pipeline of ground breaking new technologies we intend to continue.
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Africa Development Capital
VC Fund · Winnipeg, Manitoba, Canada · 1 investments in Nigeria Manufacturing startups

African focused investment firm with a mission to democratize alternative investments in Africa: providing access, liquidity, and transparency to a market that has traditionally only been available to a select few.

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Investment focus

  • Industry: Automotive, Industrial, Manufacturing
  • Stage:Series A
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Jet Motor Company — JET Motor Company is a Nigerian auto-manufacturer that designs and builds vehicles for African roads.
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Growth Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

We are Nigeria's first social innovation fund aimed at creating an unprecedented path to scale for outliers driving social change in Nigeria.

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Investment focus

  • Industry: EdTech, Software, Medical
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Nigeria

Investor stats

  • Total investments: 6
  • Round size: Seed $120k–$200k; Pre-Seed $100k–$300k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Taeillo — Taeillo is a Furniture and Lifestyle Brand. We design and manufacture Furniture using local resources available with both local and modern technology to create premium furniture pieces with 99% Local content.
  • Delivery Science — Delivery Science is a technology company providing solutions to large organisations which provides data, visibility, and control to manage and monitor its distribution assets. Its product "FieldInsight" uses mobile forms to help large organisations in Africa with Field workers get data from the field.
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AFEX
VC Fund · Abuja, Federal Capital Territory, Nigeria · 1 investments in Nigeria Manufacturing startups

AFEX is a provider of infrastructure and platforms drive capital to build a trust economy.

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Investment focus

  • Industry: AgTech, Farming, Agriculture
  • Stage:Series A
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • Agricorp International Development Limited — Agricorp is a proudly Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Kaduna (Nigeria). We currently have an origination processing facility in Nigeria.In 2019, the team invested in building a semi-mechanized processing facility in Kaduna, capable of processing over 5,000MT of ginger annually.The facility employs over 100 local workers (80% women) in the cleaning and sorting sections of the process. In 2020, the company established its UK entity (Agricorp Inc.) to support its marketing efforts in pushing more products to Europe.Nigeria is the second largest producer of ginger in the world, but meagerly accounts for just 3.5% of the export market share due to capacity constraints and consistency. With this investment, Agricorp can deliver on exporting ginger and other processed spices to major buyers in the Middle East, Europe and America.
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BREEGA
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Manufacturing startups, 10 in the past 12 months

VCs use all sorts of tricks to attract the best companies. We do too. But as founders, we know that the main reason you choose an investor to be a part of your journey is because you like them. You trust them. Their values align with yours.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: France, United Kingdom, United States

Investor stats

  • Total investments: 151
  • Round size: Seed $1.1M–$9M; Series A $4.4M–$24M; Venture - Series Unknown $1.1M–$13M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely still investing — raised $165M in 2023

Portfolio highlights

  • Moneybox — Moneybox is the simple way to save, invest, buy your first home, and combine your old pensions - all with one award-winning app. Download now.
  • Wealthcome — Wealthcome is a wealth management company that offers tools for tracking expenses, optimizing fees, and analyzing investment performance.
  • Biochar Industrial Group — Biochar Industrial Group partners with agricultural processors to convert biomass waste into biochar through industrial pyrolysis. The company finances, installs, and operates biochar production systems that process agricultural residues such as palm kernel shells, cashew husks, and sawdust. It manages biochar production, carbon creditverification, carbon credit sales, and revenue sharing with its partners. Biochar Industrial Group also provides waste value assessments and partnership programs for eligible agricultural processors.
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Vami Nigeria
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

Vami Nigeria is a investment firm.

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Investment focus

  • Industry: AgTech, Farming, Agriculture
  • Stage:Series A
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Agricorp International Development Limited — Agricorp is a proudly Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Kaduna (Nigeria). We currently have an origination processing facility in Nigeria.In 2019, the team invested in building a semi-mechanized processing facility in Kaduna, capable of processing over 5,000MT of ginger annually.The facility employs over 100 local workers (80% women) in the cleaning and sorting sections of the process. In 2020, the company established its UK entity (Agricorp Inc.) to support its marketing efforts in pushing more products to Europe.Nigeria is the second largest producer of ginger in the world, but meagerly accounts for just 3.5% of the export market share due to capacity constraints and consistency. With this investment, Agricorp can deliver on exporting ginger and other processed spices to major buyers in the Middle East, Europe and America.
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Thescathcompanies
VC Fund · Kaduna, Kaduna, Nigeria · 1 investments in Nigeria Manufacturing startups

Thescathcompanies (TSC) is a tech-enabled hybrid Venture capital firm dedicated to uncovering and nurturing talent and potentials across multiple verticals within emerging, underrepresented & underserved regions in Africa leveraging our diverse expertise to expand the footprint of Venture Capital to other sectors in a bid to fully harness thecapabilities and advance our mission of creating a more streamlined & structured pipeline in other verticals in order to maximize such sectors’ potential.

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Investment focus

  • Industry: Consulting, B2B, Gift
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 13
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Shopyetu — Shopyetu provides a shopping solution for high fashion thrifted pieces, handpicked and listed on their blockchain enabled online store.
  • Phonecasecity — Phonecasecity provides a seamless solution for purchasing high end, iPhone cases built on the blockchain network.
  • Theagrotrader — Providing agri-tech solutions that connect buyers & sellers of agro commodities while serving as a point of cash security & offering agro sponsorship.
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Agrolay Advisors
VC Fund · Ikoyi, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

Investment company focused on creating value in Africa's burgeoning food & agriculture markets

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Investment focus

  • Industry: FinTech, Food and Beverage, Financial Services
  • Stage:Seed
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $100k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Notto — Build smarter lending systems with real-time alternative data. Notto helps banks, telcos, and fintechs unlock credit visibility.
  • MyStash — Save, invest, access loans, manage payments, and build better financial habits with MyStash.
  • Torche — Torche enables customers in Africa to make payments and other transactions with their fingerprint through biometric POS terminals.
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B-Knight
VC Fund · 1 investments in Nigeria Manufacturing startups

B-Knight operates as an investment firm.

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Investment focus

  • Industry: Outdoors, Furniture, E-Commerce
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Taeillo — Taeillo is a Furniture and Lifestyle Brand. We design and manufacture Furniture using local resources available with both local and modern technology to create premium furniture pieces with 99% Local content.
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Montane Capital
VC Fund · 1 investments in Nigeria Manufacturing startups

Montane Capital operates as an investment firm.

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Investment focus

  • Industry: Outdoors, Furniture, E-Commerce
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Taeillo — Taeillo is a Furniture and Lifestyle Brand. We design and manufacture Furniture using local resources available with both local and modern technology to create premium furniture pieces with 99% Local content.
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Flori Ventures
VC Fund · San Francisco, California, United States · 1 investments in Nigeria Manufacturing startups

More than a seed-stage fund and a portfolio of startups: Our community of founders taps into the power of financial innovation to collaborate around global problems and unlock prosperity for all.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 106
  • Round size: Seed $250k–$11M; Pre-Seed $100k–$3.5M; Series A $2.8M–$11M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Mento Labs — Mento is bringing FX onchain. We provide institutions with access to onchain FX at real-world rates.
  • Learn.xyz — Learn.xyz’s is a mixture of Duolingo and Wikipedia, powered by AI, creating bite-sized “Curiosities” which feature slides and a quiz, in mere seconds just from taking in a user’s question. Find the app on iOS and Android.
  • Thrive Protocol — Thrive Protocol's vision is to maximize value creation for all people and communities.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 1 investments in Nigeria Manufacturing startups

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

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

Investor stats

  • Total investments: 73
  • Round size: Seed $330k–$5.3M; Pre-Seed $100k–$7M; Series A $2.5M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
  • Meridia — De-risk the sourcing, procurement, trading & compliance of commodities under the EUDR.
  • ReForest Latam — ReForest Latam is an biotech company restoring ecosystems and creating forests to fight climate change.
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Greatman Legend
VC Fund · Lekki, Lagos, Nigeria · 1 investments in Nigeria Manufacturing startups

Greatman Legend is an industrial company that provides energy, power, logistics, and transportation services.

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Investment focus

  • Stage:Venture - Series Unknown
  • Geography: Nigeria

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ziuss Power — Ziuss Energy & Power Limited is a green energy firm into sales of Generators and other futuristic power solutions. Tweet @ us or call 08033242073 for inquiries.
  • Stellas Bank — Bank on the move with Stellas #Stellasbank https://t.co/b6spKb6ZRC
  • Jet Motor Company — JET Motor Company is a Nigerian auto-manufacturer that designs and builds vehicles for African roads.
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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in Nigeria Manufacturing 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: 215
  • Round size: Seed $120k–$7.5M; Pre-Seed $100k–$3M; 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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Ajayi Solutions
VC Fund · 1 investments in Nigeria Manufacturing startups

Ajayi Solutions seeks to participate in the development of the local economy in regions across Africa by investing in small to large scale privately-held businesses. The ratification of the Africa Continental Free Trade Agreement [AfCFTA] has opened a new chapter in trade across Africa and we seek to participate. We seek to invest in promisingentrepreneurs who create tech-enabled solutions to enable local production in Africa as well as facilitate intra- and inter-continental trade.

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Investment focus

  • Industry: Retail, Agriculture, Farming
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Crowdyvest — Crowdyvest is an impact-driven coop society that creates financial solutions for a community of individuals and organizations in alignment with the 17 SDGs
  • Farmcrowdy — Farmcrowdy is an agric-tech platform that gives Nigerians the opportunity to participate in Agriculture by selecting the kind of farms they want to sponsor. They use the sponsor’s funds to secure the land, engage the farmer, plant the seeds, insure the farmers and farm produce, complete the full farming cycle, sell the harvest and then pay the farmsponsor a return on their sponsorship. While this farm process is ongoing, the farm sponsors are able to keep track of the full-cycle by getting updates in text, pictures and videos.
  • Foodlocker — Foodlocker is a retail business that sources foodstuff from farmers, pays them fairly, & sells to customers at decent prices both online and in-store.
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Manufacturing VC funding in Nigeria at a glance

Stats across 76 deals from 88 investors.

88
investors
in Nigeria Manufacturing startups
76
deals
in Nigeria Manufacturing startups
$1.5M
median round
in Nigeria Manufacturing startups
49%
lead investors
lead at least one round
18%
Grant
most common funding stage

Access all 88 VC funds in Nigeria Manufacturing startups.

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