Startup Funding in Nigeria
Where to raise startup capital in Nigeria: 15 curated VCs, accelerators, incubators, angel networks and government programs, including 4 halal/Sharia-aligned, plus 4 more listed under another region that also fund founders across Africa. Every entry is verified from public sources and links straight to the organization. Free, no sign-up.
Organizations based in Nigeria
Ventures Platform
VCEarly backer of Paystack.
Microtraction
VCPortfolio includes LemFi, Bumpa and Rise Vest.
Future Africa
VCFounded by Iyinoluwa Aboyeji, co-founder of Andela and Flutterwave.
Ingressive Capital
VCFounded by Maya Horgan Famodu; early investor in Paystack.
LoftyInc Capital
VCEarly investor in Flutterwave, Andela and Moove.
Aruwa Capital Management
VCFounded by Adesuwa Okunbo Rhodes; an explicitly gender-lens fund.
Voltron Capital
VCCo-founded by Nigerian angel investor Olumide Soyombo.
HoaQ
Angel NetworkPortfolio includes LemFi and Healthtracka.
Co-Creation Hub (CcHUB)
IncubatorAcquired Kenya's iHub in 2019 to form one of Africa's largest innovation networks.
ARM Labs Lagos Techstars Accelerator
AcceleratorTechstars-powered accelerator anchored by a major Nigerian asset manager (ARM).
Tony Elumelu Foundation (TEF)
Grant ProgramHas funded more than 27,000 young Africans with $5,000 seed capital since 2015.
Jaiz Bank Plc
Ecosystem OrgThe first licensed non-interest bank in Nigeria; commenced operations in January 2012.
TAJBank Limited
Ecosystem OrgA dedicated non-interest bank offering profit-share deposits, licensed by the CBN.
The Alternative Bank
Ecosystem OrgReceived its own CBN banking licence in 2023; products vetted by an Advisory Committee of Experts.
Lotus Capital Limited
Ecosystem OrgNigeria's pioneer non-interest fund manager, operating halal investment solutions since 2006.
Also funding Africa
These organizations are listed under another region in this directory but run programs, funds or offices that back founders across Africa.
- Global Ventures VC, based in 🇦🇪 United Arab Emirates
- Algebra Ventures VC, based in 🇪🇬 Egypt
- Sawari Ventures VC, based in 🇪🇬 Egypt
- Partech VC, based in 🇫🇷 France
Full profiles: funders listed under another region that back Africa
Nearby countries and region
Or browse and filter every organization in the full global funding directory.