Top 15 Renewable Energy Startup Investors in Nigeria in May 2026

Portfolio highlights

• Rivy — Access flexible financing for solar energy projects with Rivy. Power homes, businesses, and communities with clean, affordable energy.
• Salpha Energy — We're a solar energy company driving Africa's clean energy future through innovative, technology-led solutions.
• 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.

Portfolio highlights

• Andela — Unlock the power of global tech talent with Andela. Hire experienced professionals quickly and cost-effectively. Build your team from our robust network of skilled specialists spanning 175 countries. Our AI-powered platform ensures a 96% talent match success rate. Get started now and hire with confidence.
• Matta — Matta is a B2B platform offering a comprehensive, detailed marketplace for sourcing chemicals and materials efficiently and reliably
• Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.

Portfolio highlights

• OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
• Wave Mobile Money — Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, andaccepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.
• 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.

Portfolio highlights

• Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy

Portfolio highlights

• Igloo — As a top insurtech company, Igloo makes insurance easy across Southeast Asia by working with reputable insurers and distribution partners.
• Netwey — Netwey is a telecommunications company that offers services including mobile internet, internet home, and telephony.
• TPL Insurance — TPL Insurance is a Pakistan's first direct insurance company that take care of all insurance related matters.

Portfolio highlights

• Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy

Portfolio highlights

• Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy

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.

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.
• Red Rocket South Africa — Red Rocket is a renewable energy integrated power plant (IPP) that designs, develops, and distributes clean energy.

Portfolio highlights

• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
• Amped Innovation — At Amped Innovation, we design breakthrough products for people living on less than four dollars per day. Our first product, the Blossom, is a solar home power system which is the lowest-cost and highest-performance product in its class, at one third the price and twice the power handling of competing systems. We built the Blossom with asoftware-enabled Pay-As-You-Go interface, which allows customers to purchase it in payment installments that are equivalent to what they currently spend on kerosene, while providing much more light, cell-phone charging, and ability to run appliances like televisions and sewing machines.
• 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).

Portfolio highlights

• EcoNetix — EcoNetix provides a comprehensive solution for ensuring accurate and transparent data while actively contributing to the development of a greener planet and the fulfillment of UNIDO's Sustainable Development Goals.
• Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
• Circadian Technologies GmbH — AI-driven VPP unlocking revenue for telecom towers.

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.
• Fourth Power — Fourth Power makes renewable energy an on-demand energy source through utility-scale, thermal battery technology. With the ability to provide flexible-duration energy storage, we can start small and grow with the grid to save consumers money and ensure a clean energy future.
• ZeroAvia — ZeroAvia is producing the world's first practical zero emission aviation powertrain, initially targeting 20-seat airplanes to start replacing dirty jet fuel in regional transport

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.

Portfolio highlights

• Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
• 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.
• Delta Holdings — Delta Holdings specialises in strategic global investments and active management of subsidiaries in the speciality chemicals business.

Portfolio highlights

• Snapplify — Snapplify is at the forefront of edtech solutions in Africa, and specialises in enabling digital learning for individuals and institutions via the largest digital educational marketplace in Africa. As a global edtech company, Snapplify strives for radical inclusion to level the playing field and equip individuals across emerging markets with theworld-class tools they need to collaborate, innovate and thrive. Snapplify’s technology is used in other educational products to facilitate collaboration throughout the educational community.Snapplify for Education’s award-winning platform is already a top choice for institutions integrating digital education into their classrooms. From software to support, Snapplify provides institutions with everything they need to create a secure, collaborative e-learning environment for students. Snapplify’s robust 24-hour-access digital-library solution offers thousands of free ebooks and widely applicable, curriculum-approved educational content supplied by partner publishers from across the globe. Snapplify’s diversity of device integration allows schools to use its products on the devices that they already have access to, without having to invest in costly digital infrastructure upgrades. Snapplify’s solutions are industry celebrated and globally recognised for their innovation in technology.In order to achieve its educational goals, Snapplify has built strong relationships with diverse partners around the growth of its ebook, e-textbook, and device catalogue, and partnered with international publishers and other key stakeholders to meet the demand for widely relevant, curriculum-compliant digital educational content. As a socially minded company, Snapplify is committed to supporting others and creating sustainable change through collaboration and innovation. Snapplify empowers, inspires, and uplifts teachers via Teacha! (a media hub, resource marketplace, and careers portal for educators); is the digital content partner on a project that delivers technology and e-learning to public schools in South Africa’s Gauteng province, and runs impact programmes through the Snapplify Foundation.Snapplify originated in South Africa, focusing initially on the South African education and digital content industries. Since its establishment in 2012, the company has grown and expanded into new markets in Africa and the United States, with offices across South Africa, as well as in Nairobi, London, Amsterdam and New Jersey. Snapplify is backed by AngelHub Ventures, a venture capital company backed by former First National Bank CEO Michael Jordaan and the Harris family, as well as international investors. In 2019, Snapplify secured $2 million expansion capital from venture capital firm Knife Capital, and empowered African investment manager Hlayisani Capital’s Hlayisani Growth Fund.Snapplify for Education’s award-winning platform is already a top choice for institutions integrating digital education into their classrooms. From software to support, Snapplify provides institutions with everything they need to create a secure, collaborative e-learning environment for students. Through Snapplify’s e-learning and digital library solution, Engage, educators can share teacher-created, multimedia resource materials with students; administrators can manage the access and permissions for multiple student and staff accounts; schools can host their own 24-hour access digital content library (which comes with over 50 000 free resources including study guides, e-textbooks, past exam papers for multiple curricula, children’s books in African languages and more); and students and parents can purchase prescribed e-textbooks. Snapplify’s diversity of device integration allows schools to use its products on the devices that they already have access to, without having to invest in costly digital infrastructure upgrades. Snapplify’s solutions are industry celebrated and globally recognised for their innovation in technology.
• Starsight Energy — Starsight Energy provides premier clean on-grid and off-grid energy services to commercial and industrial clients in Africa. We make clean energy a smart bottom-line decision for clients by eliminating all up-front costs. Clients pay an all-inclusive monthly fee for end-to-end service.
• Eastcastle Infrastructure — Track record of providing reliable and sustainable connectivity for consumers and communities in Africa.