Startup funding in Nigeria

37 funding rounds for startups in Nigeria were tracked in the last 24 months, raising about €557M in total. The largest was Moove at €215M. Data to 2026-10-12.

37Rounds
€557MRaised

See these rounds on the map or search the full table.

Stages

Pre-Seed10Debt8Early VC6Seed5Growth/Late5Series A1

Top sectors

Fintech17Cleantech7AI5Agritech3Transportation3Semiconductors2

Largest rounds

CompanyAmountStageDateSource
Moove€215MSeries C2026-08-01link
Spiro€185MSeries D+2026-06-01link
Jumia€43.0MGrowth/Late2026-08-12link
Yellow Card€34.4MGrowth/Late2026-08-04link
Moment€18.9MGrowth/Late2026-09-09link
Terra Industries€15.5MSeed2026-08-17link
Cascador€4.3MGrowth/Late2026-09-02link
Gigmile€3.4MSeries A2026-09-10link
ThriveAgric€3.4MDebt2026-08-25link
Drive45 Mobility€2.6MDebt2026-09-09link

Most active investors

Latest rounds

DateCompanyAmountStageSource
2026-10-09Vatar Inc.€430KPre-Seedlink
2026-10-08Bujeti€2.1MSeedlink
2026-10-05Prado Powern/dDebtlink
2026-10-05Tomato Jos Farming and Processing€1.7MDebtlink
2026-09-30Ororo Waste Management Limited€860KEarly VClink
2026-09-28Daya€2.1MSeedlink
2026-09-18Aeon€860KPre-Seedlink
2026-09-17Biochar Industrial Group (BIG)€1.3MPre-Seedlink
2026-09-17Biochar Industrial Group€1.3MPre-Seedlink
2026-09-16Bujeti€1.7MEarly VClink
2026-09-15ChipMango€172KPre-Seedlink
2026-09-10Gigmile€3.4MSeries Alink
2026-09-09Moment€18.9MGrowth/Latelink
2026-09-09Drive45 Mobility€2.6MDebtlink
2026-09-03Pewbeamn/dEarly VClink
2026-09-03Nomba€2.6MDebtlink
2026-09-03Trade Lenda€194KEarly VClink
2026-09-03AirSmat€194KEarly VClink
2026-09-02Cascador€4.3MGrowth/Latelink
2026-09-01ChipMango€1.6MSeedlink
2026-08-28Synafare€1.2MDebtlink
2026-08-28Nomba€1.2MDebtlink
2026-08-25ThriveAgric€3.4MDebtlink
2026-08-21Pouchers€430KPre-Seedlink
2026-08-17Terra Industries€15.5MSeedlink

Frequently asked questions

How much funding did startups in Nigeria raise in the last 24 months?
Across 37 tracked rounds, startups in Nigeria raised about €557M in total (amounts normalised to EUR). Data runs to 2026-10-12.
What was the largest funding round for startups in Nigeria?
Moove raised €215M (Series C) on 2026-08-01.
Which investors are most active in startups in Nigeria?
By number of tracked rounds: Resilience17 (3), Terra Industries (2), DFS Labs (2), Kaleo Ventures (2), BREEGA (2). Investor names are only available for rounds where the source disclosed them.
Which sectors raise the most rounds for startups in Nigeria?
Fintech (17), Cleantech (7), AI (5), Agritech (3), by number of rounds.
Where does this data come from?
Rounds come from the Tech.eu Funding Explorer (Europe, CC BY 4.0), startup news feeds read by an AI model, and SEC EDGAR Form D filings in the US. Europe has the deepest coverage, so totals for other regions are likely understated. Check the linked source before relying on any figure.

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