# Babban Gona funding: rounds and investors

> Babban Gona has raised $7.5M across 1 round since 2025. Investors include British International Investment and FMO. Every round with its source.

Source: https://millionrounds.com/company/babban-gona (Millionrounds; every figure on the page links to its filing or article)

Nigeria · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Babban Gona*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Funding summary Updated 5 Nov 2026

**$7.5M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $7.5M Sept 2025
- **Led by:** British International Investment
- **Investors:** 2 (1 led)

See who backed them

## The rounds

- **Sept 2025** Debt **$7.5M** [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Lead [FMO](https://millionrounds.com/fund/fmo) Reported by TechCabal

## Founders and team

From Babban Gona's own website: 7 on the team.

- **Alhaji Bello Maccido** Board Chairman
- **Chinyerugo Ugoji** Non-Executive Director
- **Frank Altman** Non-Executive Director
- **Julian Hamilton-Peach** Non-Executive Director
- **Kola Masha** Managing Director
- **Lola Masha** Non-Executive Director
- **Michael Jainzik** Independent Non-Executive Director

## Everyone who backed them

[British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Government **1** round, led 1

[FMO](https://millionrounds.com/fund/fmo) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=babban-gona).

## Quick answers about Babban Gona

### Who invested in Babban Gona?

Babban Gona's investors include British International Investment and FMO. British International Investment led its latest round.

### How much has Babban Gona raised?

Babban Gona has raised $7.5M across 1 round since 2025.

### When did Babban Gona last raise?

Babban Gona's most recent round was a Debt of $7.5M in Sept 2025, led by British International Investment.

### What was Babban Gona's biggest round?

Its most recent round, $7.5M in Sept 2025, is also its largest on record.

### Who backed Babban Gona first?

Babban Gona's first round on record, in Sept 2025, was backed by British International Investment and FMO.

### What stage is Babban Gona at?

Babban Gona's latest named round is a Debt, in Sept 2025.

### Where is Babban Gona based?

Babban Gona is based in Nigeria.

### Who led Babban Gona's rounds?

British International Investment led the Debt in 2025.

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