Nigeria · Series B startup

Who invested in MAX

3 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVsCleantechConstructionFintech

Raised 1 month ago

Funding summaryUpdated 5 Nov 2026

$76Mraised across 3 rounds since 2017, from 5 sources

$23MRound$24MSeries B$29MSeries B
Latest round
Series B, $29MOct 2026
Step-upi
1.2×
Investors
10
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20172019202120232025
$23MRound$24MSeries B$29MSeries B
First round
Round, $23M
Jun 2017
Biggest round
$29M
Series B · Oct 2026
Usual gap between rounds
8.7 years
the median of 2

The rounds

  1. Oct 2026
    Series B$29M1 new

    Reported by Google News search and 2 others

  2. Jan 2026
  3. Jun 2017
    Round$23M1 new

    Reported by FinSMEs

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

TechstarsVC firm1round
Endeavor CatalystCorporate VC1round
Breakthrough EnergyVC firm1round
EndeavorCorporate VC1round
LightrockVC firm1round
Novastar VenturesVC firm1round
Credit Mutuel ArkeaCorporate VC1round
NithioGrowth equity1round
Equitane DMCCGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about MAX

Who invested in MAX?

MAX's investors include Techstars, Endeavor Catalyst, Breakthrough Energy, Endeavor and Lightrock, and 5 more on record.

How much has MAX raised?

MAX has raised $76M across 3 rounds since 2017.

When did MAX last raise?

MAX's most recent round was a Series B of $29M in Oct 2026.

What was MAX's biggest round?

Its most recent round, $29M in Oct 2026, is also its largest on record.

Who backed MAX first?

MAX's first round on record, in Jun 2017, was backed by Credit Mutuel Arkea.

What stage is MAX at?

MAX's latest named round is a Series B, in Oct 2026.

Where is MAX based?

MAX is based in Nigeria.

Companies like MAX

In the same sector, and raised in the last eighteen months.

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