Investors looking to invest in Nigeria

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100K - 1M
VU Venture Partners is a multi-sector and multi-stage venture capital fund and platform based in San Francisco, California. Founded in 2018, the firm invests in companies across a variety of sectors from early to growth stage. The fund also provides resources and support to help companies grow a...
25K - 1M
Marc Group is a global consulting and advisory firm that specializes in driving growth and creating value for their clients. They provide services such as strategy consulting, operations management, business transformation, mergers and acquisitions, and capital services. The company has offices ...
250K - 500K
Accion Venture Lab is a global early-stage investor in inclusive fintech startups. It has 54 investees across five continents and has successfully delivered market-leading returns while staying true to its mission of expanding access to financial services for underserved populations. It works cl...
25K - 150K
Ajim Capital is a venture capital firm based in Austin, Texas that invests in early-stage technology startups in Africa. The firm seeks to provide capital and mentorship to early-stage founders, as well as connecting them to the resources they need to succeed. They also provide guidance on legal...
250K - 2M
Alpine is a venture capital firm that invests in early-stage technology companies across a variety of industries, including software, hardware, consumer, healthcare, and enterprise. The firm's investments range from Seed to Series B, and it specializes in helping founders achieve product-market ...
150K - 500K
Katapult is an investment company and accelerator focused on highly scalable impact climate, ocean and agri-tech startups. They have a network of 450 public-private partnerships, and provide them with tools and guidance to help them build robust organizations that can create real impact. Katapul...
500K - 10M
Hummingbird Ventures is a venture capital fund for high-growth digital media and software companies. Founded in 2000, Hummingbird has invested in a broad range of companies and technologies, from startups to more established businesses. The fund has offices in Europe, the United States, and Asia...
5K - 50K
HoaQ Club is a community of creators and operators that provide support for entrepreneurs looking to build scalable businesses for Africa and its Diaspora. The community provides resources such as mentorship, networking, access to capital, and resources for members to build successful businesses...
150K - 2M
Upheaval Investments is a seed through growth stage venture firm that invests in groundbreaking technologies led by bold founder vision. The firm is headquartered in Chicago, Illinois, and is focused on providing long-term funding and support to startups that are tackling complex problems in a v...
100K - 300K
RaliCap is an early-stage venture capital firm focused on emerging markets, with a particular focus on fintech. The firm invests in and supports category-defining companies, helping them to transform their industries. RaliCap provides access to capital, strategic advice, and extensive networks a...
100K - 5M
Flucas Ventures is a venture capital firm based in West Palm Beach, Florida. The firm is actively seeking new investments and has invested in over 300 companies across the globe. Flucas Ventures specializes in multi-stage, multi-sector venture capital investments.
100K - 1M
Founded in 2020, First Check Ventures is a venture capital firm based in San Francisco, California. The firm focuses on investing in early stage and growth startup companies, providing seed funding rounds and offering corporate development and corporate strategy services. The firm is led by Ali ...
50K - 100K
Expert Dojo is an international startup accelerator based in Santa Monica, California. They provide a total investment of up to $100K and an intensive, 4-week accelerator program to help startups get to Series A quicker. They also have a network of alumni who can benefit from social media sharin...
1M - 2M
Susa Ventures is an early-stage venture capital firm based in San Francisco, California. Founded in 2013, the firm invests primarily in seed rounds in innovative technologies, with a focus on companies building value and defensibility through data, network effects, and economies of scale. Susa V...
500K - 1M
Resilience Ventures is an impact fund that invests in early-stage companies with a focus on the environment, health, and financial resilience. The fund is backed by Global Environment Facility (GEF), the International Finance Corporation (IFC), and the United Nations Capital Development Fund (UN...
200K - 60M
Partech Partners is a venture capital firm that specializes in tech and digital investments in African start-ups. They provide equity and debt deals for businesses with a minimum of $200K in capital. They have offices in San Francisco, Paris, Berlin, and Dakar, with a team of over 50 professiona...
50K - 250K
Magic Fund is a venture capital fund that supports early-stage startups and entrepreneurs. The fund is built by founders for founders, and is focused on helping startups in the technology, media, and entertainment industries. Magic Fund offers investments of up to $1 million and provides mentors...
250K - 2M
BTV.vc is a venture capital investment platform that is designed to help entrepreneurs access capital and other resources. The platform provides investors with access to a network of startup founders and investors, allowing them to make informed decisions regarding their investments. The platfor...
100K - 500K
Precursor Ventures is an early-stage venture capital firm focused on pre-seed and seed investments in the US and Canada. The firm was founded in 2016 and is based in San Francisco, CA. They specialize in investing in technology startups, including mobile, cloud, enterprise software, healthcare, ...
25K - 300K
Banana Capital is a venture capital firm based in the United States. The firm prefers to invest in seed-stage, early-stage, and growth-stage technology companies. Banana Capital invests globally across all sectors and from seed to late-stage. The firm has offices in Saint Vincent and the Grenadi...
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Fundraising in Nigeria:

The fundraising environment for startups in Nigeria is characterized by a growing tech industry and a growing pool of investors. Despite the challenges posed by economic and political instability, Nigeria has become one of the largest and fastest growing tech hubs in Africa. Here is a brief overview of the situation:

  • Investment Figures: According to a report by Disrupt Africa, startups in Nigeria raised a total of $356.5 million in venture capital funding in 2020. This was a significant increase from the $59 million raised in 2019.
  • Thriving Industries: The tech industry in Nigeria is thriving, with a focus on fintech, e-commerce, and healthtech startups. Some of the most successful startups in these areas include Paystack, Flutterwave, and 54gene.
  • Active Investors: There is a growing pool of investors in Nigeria, both local and international. Some of the most active investors in the country include Y Combinator, CRE Venture Capital, and EchoVC.
  • Most Popular Startups:
    1. Paystack: A fintech startup that provides payment solutions for businesses in Nigeria.
    2. Flutterwave: An e-commerce platform that enables secure and seamless payments for businesses in Nigeria.
    3. 54gene: A healthtech startup that provides genomics services for the African market.
    4. Paga: A mobile money platform that enables financial services for individuals and businesses in Nigeria.
    5. Konga: An e-commerce platform that sells products and services in Nigeria.
  • Government Initiatives: The government of Nigeria has launched several initiatives to boost the startup ecosystem in the country. These include the Nigerian Innovation Summit, the Nigerian Startup Roadshow, and the Nigerian Technology Innovation and Entrepreneurship Centre.
  • Comparison to the Rest of Africa: Nigeria has one of the largest and fastest growing startup ecosystems in Africa. With a large and growing pool of talent and a supportive government, Nigeria is well positioned to continue its growth as a major tech hub in the region.