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Top 25 Renewable Energy Startup Investors in Nigeria (July 2026)

The most active venture capital funds and angel investors investing in Nigeria Renewable Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Renewable Energy startup companies. Find investors to raise a Seed, Series A or Debt Financing round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
All On
VC Fund
7 Nigeria, France, Senegal Seed, Grant Energy, Renewable Energy, Solar $50k–$2.5M
CRE Venture Capital
VC Fund
4 Nigeria, South Africa, United States Seed, Series A, Pre-Seed Financial Services, Software, FinTech $250k–$25M
Norfund
VC Fund
3 South Africa, Kenya, Nigeria Private Equity, Debt Financing Financial Services, Energy, Renewable Energy $2.2M–$315M
Frankford Re
VC Fund
2 Nigeria Seed PaaS, Energy, Renewable Energy $1.1M–$1.1M
Sissili Limited
VC Fund
2 Nigeria Seed PaaS, Energy, Renewable Energy $1.1M–$1.1M
Finnfund
VC Fund
2 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
Blue Rinc Capital
VC Fund
2 Nigeria Seed PaaS, Energy, Renewable Energy $1.1M–$1.1M
FSDH Asset Management
VC Fund
1 Nigeria Debt Financing Solar, Renewable Energy
Adetayo Bamiduro
Angel
1 Ghana, Nigeria, United Kingdom Pre-Seed Solar, Software, Health Care $200k–$700k
Chinedu Azodoh
Angel
1 Nigeria Pre-Seed Solar, Renewable Energy
EchoVC Partners
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, FinTech, Software $200k–$22M
RGreen Invest
VC Fund
1 France, Mali, Belgium Debt Financing, Venture - Series Unknown Solar, Energy, Renewable Energy $11M–$93M
African Infrastructure Investment Managers
VC Fund
1 South Africa, Nigeria Private Equity, Debt Financing Solar, Energy, Renewable Energy $92M–$130M
Helios Investment Partners
VC Fund
1 Nigeria, United States, United Kingdom Private Equity, Series A Financial Services, Energy, Banking $4M–$179M
Zrosk Investment Management
VC Fund
1 Nigeria, United Kingdom, United States Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $200k–$33M
British International Investment
VC Fund
1 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $7.5M–$137M
African Export-Import Bank
VC Fund
1 Nigeria, Zimbabwe, United Kingdom Debt Financing, Non-Equity Assistance, Post-IPO Debt Energy, Financial Services, Oil and Gas $250k–$1.4B
Inspired Evolution Investment Management
VC Fund
1 Kenya, South Africa, Nigeria Private Equity, Series A Renewable Energy, Energy, Solar $20M–$60M
Investisseurs & Partenaires
VC Fund
1 France, Senegal, Côte d'Ivoire Seed, Series A Financial Services, Health Care, Food and Beverage
Proparco
VC Fund
1 India, Kenya, Nigeria Debt Financing, Seed Financial Services, Energy, Finance $447k–$169M
Yuzuru Honda
Angel
1 Japan, Nigeria, Singapore Seed, Angel Information Technology, SNS, Internet $2.8M–$5.7M
Persistent
VC Fund
1 Ghana, Germany, Switzerland Seed, Series A Energy, Solar, Renewable Energy $500k–$10M
Breakthrough Energy Ventures
VC Fund
1 United States, Canada, France Series A, Series B Energy, Renewable Energy, Manufacturing $10M–$195M
EDFI ElectriFI
VC Fund
1 United States, Kenya, France Debt Financing, Series A Energy, Solar, Renewable Energy $110k–$30M
Jua Fund
VC Fund
1 Ghana, Kenya, Nigeria Pre-Seed Agriculture, B2B, Farming
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Investor list

All On
VC Fund · Ikoyi, Lagos, Nigeria · 7 investments in Nigeria Renewable Energy 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: Energy, Renewable Energy, Solar
  • Stage:Seed, Grant
  • Geography: Nigeria, France, Senegal

Investor stats

  • Total investments: 23
  • Round size: Seed $100k–$2.5M; Grant $50k–$395k
  • Lead/follow: 52% lead, 48% follow

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!
  • Salpha Energy — We're a solar energy company driving Africa's clean energy future through innovative, technology-led solutions.
  • 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.
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CRE Venture Capital
VC Fund · New York, New York, United States · 4 investments in Nigeria Renewable Energy startups

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

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

Investor stats

  • Total investments: 60
  • Round size: Seed $300k–$5M; Pre-Seed $250k–$3.3M; Series A $1.1M–$25M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Flood — Flood is a marketplace platforms that provides merchant solution, self services and big data solution.
  • Letly — Letly is developing an AI‑driven platform for the rental property market that automates tasks related to managing rental listings and tenant interactions. It aims to use intelligent agents to handle tasks such as scheduling viewings, responding to inquiries, and optimizing property management workflows. The platform is currently in a waitlistphase, signaling ongoing development and private access only.
  • Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
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Norfund
VC Fund · Oslo, Oslo, Norway · 3 investments in Nigeria Renewable Energy startups

Norwegian investment fund for developing countries

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Investment focus

  • Industry: Financial Services, Energy, Renewable Energy
  • Stage:Private Equity, Debt Financing
  • Geography: South Africa, Kenya, Nigeria

Investor stats

  • Total investments: 101
  • Round size: Debt Financing $2.2M–$315M; Private Equity $7.4M–$125M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
  • NMB Bank — NMB Bank operates the financial markets for the leading commercial banks in the banking industry. Their online services include mobile banking, NMB 3D secure, applying for credit cards, opening savings accounts, and more.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
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Frankford Re
VC Fund · 2 investments in Nigeria Renewable Energy startups

Private Investment Holding Company

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Investment focus

  • Industry: PaaS, Energy, Renewable Energy
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 2
  • Round size: Seed $1.1M–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy
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Sissili Limited
VC Fund · 2 investments in Nigeria Renewable Energy startups

Private Investment Company

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Investment focus

  • Industry: PaaS, Energy, Renewable Energy
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 2
  • Round size: Seed $1.1M–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Nigeria Renewable Energy startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 68
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$135M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • TPL Insurance — TPL Insurance is a Pakistan's first direct insurance company that take care of all insurance related matters.
  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
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Blue Rinc Capital
VC Fund · 2 investments in Nigeria Renewable Energy startups

Blue Rinc Capital is an investment holding company focused on growth investments.

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Investment focus

  • Industry: PaaS, Energy, Renewable Energy
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 2
  • Round size: Seed $1.1M–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy
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FSDH Asset Management
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Renewable Energy startups

FSDH Asset Management is an asset management and financial advisory firm that offers investment schemes, income funds, and employee savings.

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Investment focus

  • Industry: Solar, Renewable Energy
  • Stage:Debt Financing
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Rana Energy — No. 1 Solar Community in Africa
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Adetayo Bamiduro
Angel · Lagos, Lagos, Nigeria · 1 investments in Nigeria Renewable Energy startups

Adetayo Bamiduro is the Co-Founder and CEO of MAX. He previously worked at Techstars as a Techstars Program (NYC Fall 2015 Class). Adetayo Bamiduro attended Massachusetts Institute of Technology.

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Investment focus

  • Industry: Solar, Software, Health Care
  • Stage:Pre-Seed
  • Geography: Ghana, Nigeria, United Kingdom

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $200k–$700k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kunda Kids — Kunda Kids brings African stories to life! Award-winning books, music & media that make early learning joyful, empowering & proudly cultural.
  • Rivia Clinics — Rivia is an asset-light healthcare chain that partners with existing clinics to improve their quality of service to patients. They offer their partners:1. Loans for infrastructure upgrades and inventory. 2. A hospital management system to simplify administrative tasks. 3. Support with customer acquisition and marketing. 4. Adherence to"Rivia Standards", a set of patient-centric quality guidelines. Overall, Rivia aims to provide a "modern healthcare experience" for patients in emerging markets.
  • Rana Energy — No. 1 Solar Community in Africa
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Chinedu Azodoh
Angel · 1 investments in Nigeria Renewable Energy startups

Co-Founder & CTO @ MAX

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Investment focus

  • Industry: Solar, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Rana Energy — No. 1 Solar Community in Africa
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Renewable Energy 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: Information Technology, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 51
  • Round size: Seed $200k–$4M; Pre-Seed $400k–$1.9M; Series A $1.2M–$22M
  • Lead/follow: 24% lead, 76% 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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RGreen Invest
VC Fund · Paris, Ile-de-France, France · 1 investments in Nigeria Renewable Energy 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: Solar, Energy, Renewable Energy
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: France, Mali, Belgium

Investor stats

  • Total investments: 15
  • Round size: Debt Financing $15M–$48M; Venture - Series Unknown $11M–$93M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Bnewable — Bnewable an energy company specialising in battery systems and energy management for businesses.
  • 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.
  • SolarX Africa — SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
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African Infrastructure Investment Managers
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Nigeria Renewable Energy startups

African Infrastructure Investment Managers (AIIM) develops and manages private equity infrastructure funds designed to invest long-term institutional unlisted equity in African infrastructure projects.

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Investment focus

  • Industry: Solar, Energy, Renewable Energy
  • Stage:Private Equity, Debt Financing
  • Geography: South Africa, Nigeria

Investor stats

  • Total investments: 11
  • Round size: Private Equity $92M–$130M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • SolarAfrica — Our integrated solutions are designed to reduce electricity costs, provide energy security and improve the carbon footprint of your business.
  • NOA Group — NOA Group offers a vertically integrated energy platform to provide net zero-oriented renewable energy solutions to customers in the commercial and industrial sectors.
  • The Logistics Group — The Logistics Group is a provider of logistics and warehousing services to serve the mining, agricultural, trading, manufacturing, and shipping sectors.
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Helios Investment Partners
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Renewable Energy startups

Bridging international capital and know-how with African talent and enterprise since 2004, Helios Investment Partners manages funds totalling c. $3 billion.

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Investment focus

  • Industry: Financial Services, Energy, Banking
  • Stage:Private Equity, Series A
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 54
  • Round size: Series A $4M–$39M; Private Equity $45M–$179M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • HPVideo — HPVideo.io is a decentralized, wallet-driven AI video generation platform on the BNB Chain, allowing users to create videos using multiple AI models without submitting personal data.
  • SeamlessHR — Africa's Leading HR & Payroll Software - Empowering African Businesses for Productivity and Profitability Through Technology.
  • SolarAfrica — Our integrated solutions are designed to reduce electricity costs, provide energy security and improve the carbon footprint of your business.
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Zrosk Investment Management
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Renewable Energy startups

Alternative investment solutions: private credit, discretionary portfolios, and the Magna Specialized Fund.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $1.4M–$5M; Pre-Seed $200k–$2.5M; Series A $7M–$33M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • PaidHR — PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.
  • Lingawa — Speak your native language with pride! Learn Yoruba and Igbo with fun, immersive online lessons for adults and kids (ages 5+).
  • Definely — Definely creates legal tech solutions to free lawyers from frustration, saving them time when understanding, drafting and reviewing legal documents.
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British International Investment
VC Fund · London, England, United Kingdom · 1 investments in Nigeria Renewable Energy startups

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 258
  • Round size: Series B $9.7M–$70M; Debt Financing $7.5M–$137M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • M-KOPA — M-KOPA is the global leader for “pay-as-you-go” energy services for off-grid customers. M-KOPA was established in 2011. Following 2 years of piloting and development, M-KOPA began commercial sales in Kenya in October 2012. M-KOPA expanded to Uganda in 2013 and commences operations in Tanzania in late 2014. Their team includes over 500 staff andwe sell our product through more than 1000 retail agents and shops. The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery. To that end, M-KOPA is beginning to license its technology to experienced and reputable third parties in markets outside of East Africa (licensing queries should be sent to licensing@m-kopa.com). M-KOPA has developed a proprietary, patented technology platform that combines embedded GSM + mobile payments to revolutionize asset financing in emerging markets. The M-KOPAnet platform has been designed and built from the ground up by our talented team of software engineers, who continue to innovate and improve the system every day. It offers the powerful combination of accounting + customer relationship management + inventory tracking in one complete system. Aside from enabling our business operations to scale at record speed, the M-KOPAnet™ platform captures and processes huge volumes of data, enabling us to improve our proposition, customer service, and security in real-time.
  • Liquid Intelligent Technologies — Liquid Intelligent Technologies, a business of Cassava Technologies is a pan-African technology group with capabilities across 14 countries, primarily in Sub-Saharan Africa.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
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African Export-Import Bank
VC Fund · Cairo, Al Qahirah, Egypt · 1 investments in Nigeria Renewable Energy startups

African Export-Import Bank - Transforming Africa's Trade

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Investment focus

  • Industry: Energy, Financial Services, Oil and Gas
  • Stage:Debt Financing, Non-Equity Assistance, Post-IPO Debt
  • Geography: Nigeria, Zimbabwe, United Kingdom

Investor stats

  • Total investments: 59
  • Round size: Post-IPO Debt $30M–$800M; Debt Financing $10M–$1.4B; Non-Equity Assistance $250k–$250k
  • Lead/follow: 90% lead, 10% follow

Portfolio highlights

  • Ecobank Zimbabwe — Ecobank Zimbabwe is a recognised commercial bank, supervised and regulated by the Reserve Bank of Zimbabwe.
  • First Bank of Nigeria
  • African Trade and Distribution Company — The African Trade and Distribution Company (ATDC) is a strategic entity established to accelerate intra-African trade and industrialization. company's core mission is to facilitate the distribution and trade of raw materials, minerals, and value-added goods within Africa, thereby shifting the continent toward higher-value industrial products.ATDC supports small and medium-sized enterprises (SMEs) and smallholder farmers by providing trade finance, logistics, warehousing, regulatory guidance, and access to market opportunities. It focuses on creating efficient supply chains and expanding market reach for African producers across the continent.
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Inspired Evolution Investment Management
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Nigeria Renewable Energy startups

Inspired Evolution established in 2007 as a specialised investment business to lead sustainable clean energy and resource efficiency investments across sub-Saharan Africa. Inspired Evolution offers a dedicated, multi-disciplinary, professional investment team with a deep track record targeting superior returns with measured development outcomes.Inspired Evolution’s investment focus is centered on clean energy and resource efficiency assets. We have demonstrated that capital deployment to investments in this specialised asset class, can generate exceptional returns at the nexus of social equity, ecological integrity and responsible economic growth. This lies at the heart of sustainable investing.Inspired Evolution’s view is that sustainability is not only everybody’s business as citizens of a rapidly globalising world, but that it will define the future of business and investment decisions.Inspired Evolution manages Evolution One Fund – its first dedicated, closed-ended third party investment fund. Evolution One Fund makes early stage, expansion and development stage, and later stage or mature equity and equity-related investments primarily for control or significant minority positions in market-leading growth businesses located principally in South and southern Africa.

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Investment focus

  • Industry: Renewable Energy, Energy, Solar
  • Stage:Private Equity, Series A
  • Geography: Kenya, South Africa, Nigeria

Investor stats

  • Total investments: 11
  • Round size: Series A $20M–$35M; Private Equity $20M–$60M
  • Lead/follow: 82% lead, 18% follow
  • Last fund: May invest from a new fund soon — raised $178M in 2019

Portfolio highlights

  • Escotel — Escotel is an energy services company currently focused on Sub-Saharan Africa countries. Escotel provides energy services to mobile tower owners and operators, owning and operating decentralized renewable energy infrastructure across Africa
  • d.light — Founded in 2007 as a for-profit social enterprise, d.light manufactures and distributes award-winning solar lighting and power products designed to serve the more than 2 billion people globally without access to reliable electricity. Through five distribution hubs in East Africa, West Africa, India, Southeast Asia, and the United States, d.lighthas impacted over 65 million lives with its products. d.light is dedicated to providing the most reliable, affordable, and accessible solar lighting and power systems for the developing world, with the goal of reaching 100 million people by 2020. For more information, visit www.dlight.com.
  • Cold Solutions Kenya — Cold Solutions Kenya Ltd offers temperature-controlled storage and cold chain logistics for perishable goods.
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Investisseurs & Partenaires
VC Fund · Paris, Ile-de-France, France · 1 investments in Nigeria Renewable Energy startups

Investisseurs et Partenaires

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Investment focus

  • Industry: Financial Services, Health Care, Food and Beverage
  • Stage:Seed, Series A
  • Geography: France, Senegal, Côte d'Ivoire

Investor stats

  • Total investments: 103
  • Lead/follow: no public data

Portfolio highlights

  • iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
  • Trackbit — Trackbit is a cryptocurrency exchange platform.
  • Lapaire — Discover a wide range of high-quality & affordable eyeglasses at Lapaire Glasses. Book a free vision test with our professional optometrists to help you find your perfect pair of glasses to enhance your vision and style. Shops in 7 african countries: Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya and Uganda.
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Proparco
VC Fund · Paris, Ile-de-France, France · 1 investments in Nigeria Renewable Energy startups

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Seed
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 124
  • Round size: Seed $1.2M–$13M; Debt Financing $447k–$169M
  • Lead/follow: 46% lead, 54% 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.
  • Ecoener
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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Yuzuru Honda
Angel · 1 investments in Nigeria Renewable Energy startups

Yuzuru Honda is a Founder & Global CEO of FreakOut.

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Investment focus

  • Industry: Information Technology, SNS, Internet
  • Stage:Seed, Angel
  • Geography: Japan, Nigeria, Singapore

Investor stats

  • Total investments: 15
  • Round size: Seed $2.8M–$5.7M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • IVA — IVA ensures the safety of the market towards the threat of counterfeit goods.
  • Tyms — Tyms online accounting software for your business connects you to your bank, accountant, bookkeeper, and other business apps. Start a free trial today. Also available in Nigeria, Ghana, Mauritius and South Africa.
  • ForCreators — ForCreators is a company operating the virtual talent agency ‘NEXAS', with the goal of globalizing Japan's world-class culture such as anime and VTubers.
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Persistent
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Nigeria Renewable Energy startups

Africa's Climate Venture Builder - We believe in the power of climate-positive economic development in Africa. For the last decade, we have been working hand in hand with exceptional entrepreneurs, investing both financial and human capital to build successful climate ventures on the continent. Our companies offer competitive financial returns required to drive lasting impact.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Seed, Series A
  • Geography: Ghana, Germany, Switzerland

Investor stats

  • Total investments: 24
  • Round size: Seed $500k–$1.3M; Series A $1.1M–$10M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
  • EcoNetix — We help companies reduce emissions, offset with high-integrity carbon projects, and communicate impact transparently to achieve compliance certainty, climate
  • Circadian Technologies GmbH — AI-driven VPP unlocking revenue for telecom towers.
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Breakthrough Energy Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Nigeria Renewable Energy startups

Focused on developing and deploying the critical climate solutions our world needs to reach net-zero emissions by 2050.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 247
  • Round size: Series A $10M–$55M; Series B $30M–$195M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • WeaveGrid — WeaveGrid operates with utilities and owners of electric vehicles (EV) to allow and speed up transportation electrification. Using machine learning, optimization, and predictive analytics, the company's software solution solves several EV-grid integration challenges for utilities in a systems-oriented manner; helps integrate renewable energyresources on the grid; and saves utility customers' money on their bills.
  • 75F — 75F's award-winning smart sensors and controls improve indoor air quality and make commercial buildings more comfortable and energy efficient. Automatically.
  • Dandelion Energy — Dandelion's nation-leading geothermal drilling and heat pumps provide cost-effective, renewable home heating and cooling.
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EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Nigeria Renewable Energy startups

Impact investment in sustainable energy

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Series A $2.2M–$30M; Debt Financing $110k–$10M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • BURN — The future of clean cooking
  • GOGO Electric
  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
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Jua Fund
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Nigeria Renewable Energy startups

EARLY-STAGE, PAN-AFRICAN, VENTURE CAPITAL FUND INVESTING CAPITAL AND COMMUNITY IN A NEW GENERATION OF AFRICAN ENTREPRENEURS.

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Investment focus

  • Industry: Agriculture, B2B, Farming
  • Stage:Pre-Seed
  • Geography: Ghana, Kenya, Nigeria

Investor stats

  • Total investments: 6
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Side — Side is an e-commerce distribution channel that leverages the power of “community” or “group buying” to provide goods to end customers more cheaply.
  • BRYT Knowledge
  • Powerstove Energy — Powerstove Energy, which uses advanced technology to deliver a superior smokeless, IoT-enabled cookstove that generates electricity.
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Renewable Energy Investor funding in Nigeria at a glance

Stats across 69 deals from 60 investors.

60
investors
in Nigeria Renewable Energy startups
69
deals
in Nigeria Renewable Energy startups
$1.5M
median round
in Nigeria Renewable Energy startups
57%
lead investors
lead at least one round
26%
Grant
most common funding stage
93/7
VC / Angel
share of investor count

Access all 60 investors in Nigeria Renewable Energy startups.

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