# iNOVO

> iNOVO is a VC fund in Lagos backing Artificial Intelligence, AgTech and Agriculture. See 35 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Lagos, Nigeria
- Total investments: 35
- Last investment: Aug 2024
- Lead investor: 26%
- Last updated: Aug 2026
- Website: https://www.startupbootcamp.org/accelerator/afritech-inovo/

iNOVO is a VC fund in Lagos focused on Artificial Intelligence and AgTech. iNOVO by UK-Nigeria Tech Hub, Powered by Ventures Platform and Startupbootcamp AfriTech, will accelerate early-stage startups in Nigeria. iNOVO accelerator, which is targeting innovative ed-tech, agri-tech, and e-health startups.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 15 | 43% |
| AgTech | 8 | 23% |
| Agriculture | 7 | 20% |
| Farming | 6 | 17% |
| Software | 6 | 17% |

47 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 22 | 63% |
| Non-equity Assistance | 9 | 26% |
| Seed | 4 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 9 | 26% |
| Colombia | 3 | 9% |
| The Netherlands | 3 | 9% |
| Egypt | 2 | 6% |
| Brazil | 2 | 6% |

17 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sepsiscan | Sepsiscan is a company that creates medical imaging devices for perfusion monitoring and advice in sepsis treatment. |  | Pre-Seed | Aug 30, 2024 |  |
| MUCHroom | MUCHroom produces shiitake-based meat alternatives, offering healthier and less processed options than traditional substitutes. |  | Pre-Seed | Aug 30, 2024 |  |
| TUCCO Ltd | AI, Robotics, Bluetech, IoT, 5G, Maritime, Cleantech, LED, UVC |  | Pre-Seed | Aug 30, 2024 |  |
| Unicorn Labs | Unicorn Labs leverages AI to solve life’s biggest challenges and improve lives through innovative technology |  | Seed | Aug 30, 2024 |  |
| Aimrobotic | Aimrobotic specializes in UAVs and drones, creating solutions to address society's toughest challenges. |  | Pre-Seed | Aug 30, 2024 |  |
| ZophIA | ZophIA is an AI tool helping health professionals diagnose mental health disorders faster through speech analysis |  | Seed | Aug 30, 2024 |  |
| Noble Boost | Noble Boost enhances nutraceuticals and skincare using noble gases, Xenon and Krypton, to improve their effectiveness. |  | Seed | Aug 30, 2024 |  |
| Tabnomous | Tabnomous develops electronic circuit boards, embedded and interface software, autonomous driving algorithms, and mechanical designs. It was founded in 2024 and is located in Tampere, Pirkanmaa. |  | Pre-Seed | Aug 30, 2024 |  |
| OZ-TECH | OZ-TECH develops smart farming solutions using IoT, robotics, and AI, including an autonomous seedling planting robot. |  | Seed | Aug 30, 2024 |  |
| Teo Technology | Teo Technology is an AI-powered drones to provide accurate predictions, helping farmers and exporters reduce waste and optimize resources. |  | Pre-Seed | Aug 30, 2024 |  |

10 of 35 investments shown.

## Co-investors
- Startupbootcamp — VC Fund, 26 deals together
- [Village Capital](https://shizune.co/investors/profile/village-capital) — VC Fund, 2 deals together
- [Bidlab](https://shizune.co/investors/profile/bidlab) — VC Fund, 1 deal together
- SAIS — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

## FAQ

### What does iNOVO invest in?

iNOVO invests primarily in Artificial Intelligence, AgTech and Agriculture startups, most often at Pre-Seed and Non-equity Assistance stage. Most of the 35 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did iNOVO last invest?

The most recent investment recorded for iNOVO closed in Aug 2024. Shizune tracks 35 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co