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. Every entry is verified from public sources and links straight to the organization. Free, no sign-up.
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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.
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