Top 5 Sports Startup Investors in Nigeria in April 2025
A list of 5 angel investors and VC (Venture Capital) funds that invest in Sports startups based in Nigeria. We rank investors based on the number of investments they made in Sports companies from Nigeria. We update this investor list every month.Top 5 Sports Startup Investors in Nigeria in April 2025
Investor | Sports Nigeria investments |
---|---|
EchoVC Partners | 1 |
Ventures Platform | 1 |
Aruwa Capital | 1 |
Robert Herjavec | 1 |
Silverbacks Holdings | 1 |
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
- Information Technology, Software, E-Commerce
- Seed, Series A, Pre-Seed
- United States, Nigeria, Kenya
Portfolio highlights
- Shuttlers — Shuttlers is a platform that offers mobility solutions by providing scheduled bus-sharing services for the professionals within the region.
- Snowstorm — Official site of the Snowstorm Network
- Senga Technologies — Welcome to Senga, custom-built, with love, for businesses shipping in Africa.
We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.
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Investment focus
- Financial Services, FinTech, Internet
- Seed, Pre-Seed, Funding Round
- Nigeria, United States, Kenya
Portfolio highlights
- Raenest — Access Virtual Accounts, Invoicing, Multi-Currency Payouts, Auto Payroll, Accounting Integrations, and Virtual & Physical cards within minutes.
- Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
- Juicyway — Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.
Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund.
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Investment focus
- FinTech, Big Data, Financial Services
- Seed, Funding Round, Series A
- Nigeria, United States, France
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.
- OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
- Fastizers — Fastizers Food and Confectionery Limited is a newly formed food production firm in Nigeria that has been approved by the National Agency for Food and Drug Administration and Control (NAFDAC).
Robert Herjavec is the CEO at CYDERES.
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Investment focus
- Health Care, Pet, Consumer Electronics
- Seed, Angel, Pre-Seed
- United States, Nigeria
Portfolio highlights
- FreePower — FreePower is the next gen advanced wireless charging technology enabling product & solution innovators to create the charging experience their customers will love
- Sweetkiwi — Home of the best tasting, mouth-watering, low fat, healthy froyo. Healthy Never Tasted Better!
- THEMAGIC5 — THEMAGIC5 has reinvented the swimming goggle. THEMAGIC5 swim goggles fit perfectly. They are comfortable to wear and prevent leaking - custom fitted to you.
Silverbacks Holdings is a Mauritius-based private investment firm established in 2019, focusing on Africa-related companies in underserved industries such as sports, technology, media, and lifestyle. The firm aims for returns averaging 3x to 5x on its investments and has achieved six profitable exits since its inception. Its portfolio includes over 240 companies across Africa, collectively valued at over $10 billion. Notable investments include the Cape Town Tigers basketball team, Forever7 Entertainment, and Moove, a global mobility fintech company.
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Investment focus
- Sports
- Funding Round
Portfolio highlights
- NERGii — NERGii is a sports technology business that makes cutting-edge insoles for shoes that improve performance.
- Instadiet — Instadiet helps to lower your blood sugar level to the normal range without medication or surgery. It controls blood sugar without medication and includes reducing the chances of heart disease, dispensing with medications, reducing cumulative sugar, and weight loss.
- African Warriors Fighting Championship — African Warriors Fighting Championship is Africa's leading promoter of traditional combat sports: Dambe and Wrestling.
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