The funds and angels backing Nigerian tech, ranked by deal activity, with portfolios, stages, and capital deployed as lead. Deployed figures are estimates derived from disclosed rounds.
| #▲ | Investor | Location | Est. | Type | Sector focus | Notable investments | Stage | Deals | Exits | Deployed (lead) |
|---|---|---|---|---|---|---|---|---|---|---|
| 51 | Lattice Fund | USA | — | VC | — | Accrue, Daya | — | 2 | — | $1.6M |
| 52 | Sovereign Capital | London, United Kingdom | 2001 | Growth/PE | — | SunFi, Trade Lenda | Buyout, Growth Capital | 2 | — | $520K |
| 53 | Acasia Ventures | Cairo, Egypt | 2020 | VC | — | Fez Delivery, Winich Farms | Pre-Seed, Seed | 2 | — | — |
| 54 | CMT Digital | Chicago, IL, United States | 2017 | Crypto/Web3 | — | Busha, Nestcoin | Seed, Early Stage | 2 | — | — |
| 55 | Chui Ventures | Nairobi, Kenya | 2021 | VC | — | PaidHR, Pricepally | Seed, Early Stage | 2 | — | — |
| 56 | Endeavor Catalyst | New York, NY, United States | 2012 | VC | — | LemFi, Max | Series A, Series B, Growth Stage | 2 | — | — |
| 57 | FirstCheck AfricaAngel | Nigeria | — | Angel | — | Cleva | — | 2 | — | — |
| 58 | Hustle Fund | San Francisco, CA, United States | 2017 | VC | — | Brass, Clafiya | Pre-Seed, Seed | 2 | — | — |
| 59 | LAVA | San Francisco, CA, United States | 2024 | VC | — | Accrue, Jamit | Pre-Seed, Seed | 2 | — | — |
| 60 | Musha VenturesAngel | London, United Kingdom | 2011 | Angel | — | Chaka, Regfyl | Seed, Early Stage | 2 | — | — |
| 61 | RallyCap VenturesAngel | New York, NY, United States | 2020 | Angel | — | Frain Technologies, Regfyl | Pre-Seed, Seed | 2 | — | — |
| 62 | Rebel Seed Capital | — | — | VC | — | Shoptreo, House Africa | — | 2 | — | — |
| 63 | SBI Investment | Tokyo, Japan | 1996 | VC | — | Kuda, Mono | Seed, Early Stage, Growth Stage | 2 | — | — |
| 64 | SOMA Capital | San Francisco, CA, United States | 2015 | VC | — | Prembly, Swoop | Pre-Seed, Seed | 2 | — | — |
| 65 | Tekedia CapitalAngel | Boston, MA, United States | 2020 | Angel | — | Ajo Money, Winich Farms | Pre-Seed, Seed | 2 | — | — |
| 66 | Vastly Valuable VenturesAngel | Dubai, United Arab Emirates | 2021 | Angel | — | CreditChek, Renda | Pre-Seed, Seed, Series A | 2 | — | — |
| 67 | Velocity Capital | Hilversum, Netherlands | 2008 | VC | — | Migo | Seed, Series A | 2 | — | — |
| 68 | Zrosk | Lagos, Nigeria | 2019 | VC | — | LemFi, PaidHR | Seed, Series A, Series B | 2 | — | — |
| 69 | SoftBank Vision Fund 2 | London, United Kingdom | 2019 | VC | — | OPay | Series B, Growth Stage, Late Stage | 1 | — | $400.0M |
| 70 | Mubadala Investment Company | Abu Dhabi, United Arab Emirates | 2002 | Sovereign | — | Moove | Growth Stage, Late Stage, Strategic | 1 | — | $326.0M |
| 71 | Helios Investment Partners | London, United Kingdom | 2004 | Growth/PE | — | Interswitch | Growth Stage, Buyout | 1 | — | $170.0M |
| 72 | Mastercard | Purchase, NY, United States | 1966 | Corporate | — | Airtel Mobile Commerce Nigeria Limited | Strategic, Series A, Series B, Growth | 1 | — | $150.0M |
| 73 | Development Partners International (DPI) | London, United Kingdom | 2007 | Growth/PE | — | Moniepoint | Growth Stage, Buyout | 1 | — | $110.0M |
| 74 | LeapFrog Investments | London, United Kingdom | 2007 | Impact | — | Interswitch | Growth Stage, Series B, Series C | 1 | — | $110.0M |
| 75 | SVB Capital | Santa Clara, CA, United States | 1999 | VC | — | Chipper Cash | Seed, Early Stage, Growth Stage | 1 | — | $100.0M |
| 76 | CRE Venture Capital | San Francisco, CA, United States | 2016 | VC | — | Smile ID | Seed, Series A | 1 | — | $61.0M |
| 77 | Highland Europe | London, United Kingdom | 2012 | Growth/PE | — | LemFi | Growth Stage, Series B, Series C | 1 | — | $53.0M |
| 78 | IDG Capital | Beijing, China | 1992 | VC/PE | — | OPay | Seed, Early Stage, Growth Stage | 1 | — | $50.0M |
| 79 | Acrew Capital | San Francisco, CA, United States | 2019 | VC | — | NALA | Early Stage, Series A, Series B | 1 | — | $40.0M |
| 80 | Left Lane Capital | New York, NY, United States | 2019 | Growth/PE | — | LemFi | Series A, Series B, Growth Stage | 1 | — | $33.0M |
| 81 | Insight Partners | New York, NY, United States | 1995 | Growth/PE | — | Dash | Series A, Series B, Growth, Buyout | 1 | — | $32.8M |
| 82 | AXA IM Alts | Paris, France | 1999 | Asset Manager | — | Helium Health | Growth Stage, Debt, Buyout | 1 | — | $30.0M |
| 83 | Valor Capital Group | New York, NY, United States | 2011 | VC | — | Migo | Seed, Series A, Series B | 1 | — | $20.0M |
| 84 | British International Investment (BII) | London, United Kingdom | 1948 | DFI | — | Starsight | Debt, Equity, Growth Stage, Fund-of-Funds | 1 | — | $15.0M |
| 85 | CardinalStone Capital Advisers | Lagos, Nigeria | 2016 | Growth/PE | — | Arnergy | Growth Capital | 1 | — | $15.0M |
| 86 | Credit Direct | Lagos, Nigeria | 2007 | Bank | — | CredPal | Growth Stage, Strategic | 1 | — | $15.0M |
| 87 | Timon Capital | New York, NY, United States | 2018 | VC | — | Omnibiz | Pre-Seed, Seed | 1 | — | $15.0M |
| 88 | Nosara Capital | London, United Kingdom | 2017 | VC | — | Alerzo | Series A, Series B, Growth Stage | 1 | — | $10.5M |
| 89 | Balderton Capital | London, United Kingdom | 2000 | VC | — | Luno | Seed, Series A, Series B | 1 | — | $9.0M |
| 90 | Canaan | San Francisco, CA, United States | 1987 | VC | — | Earnipay | Seed, Series A, Series B | 1 | — | $4.0M |
| 91 | EchoVC | Nigeria | — | VC | — | Payhippo | — | 1 | — | $4.0M |
| 92 | Right Side Capital Management | San Francisco, CA, United States | 2012 | VC | — | Eze | Pre-Seed, Seed | 1 | — | $3.7M |
| 93 | Aruwa Capital Management | — | — | VC | — | CrowdForce | — | 1 | — | $3.6M |
| 94 | Susa Ventures | San Francisco, CA, United States | 2013 | VC | — | Okra | Seed, Series A | 1 | — | $3.5M |
| 95 | Samurai Incubate Africa | Tokyo, Japan | 2018 | Accelerator | — | Releaf | Pre-Seed, Seed, Series A | 1 | — | $3.3M |
| 96 | Tencent | Shenzhen, China | 1998 | Corporate | — | Curacel | Early Stage, Series A, Growth, Strategic | 1 | — | $3.0M |
| 97 | Elm Investment | Riyadh, Saudi Arabia | 1988 | Corporate | — | Youverify | Early Stage, Growth Stage | 1 | — | $2.5M |
| 98 | Balaji SrinivasanAngel | San Francisco, CA, United States | — | Angel | — | Afropolitan | Pre-Seed, Seed, Series A | 1 | — | $2.1M |
| 99 | Raba Partnership | Cape Town, South Africa | 2019 | VC | — | Thepeer | Seed, Early Stage | 1 | — | $2.1M |
| 100 | Vault | Seattle, WA, United States | 1998 | VC | — | Bankly | Seed, Early Stage | 1 | — | $2.1M |