# Nile funding: rounds and investors > Nile has raised $198M across 3 rounds since 2023. Investors include Cathay AfricInvest Innovation Fund, SV Angel and 8VC. Every round with its source. Source: https://millionrounds.com/company/nile (Millionrounds; every figure on the page links to its filing or article) South Africa · [Seed startup](https://millionrounds.com/companies) # Who invested in *Nile* 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. Agtech AI Follow Nile and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fnile) Funding summary Updated 5 Nov 2026 **$198M** raised across 3 rounds since 2023, from 3 sources **$175M** Series C **$12M** Seed **$11M** Round - **Latest round:** Round, $11M Jun 2025 - **Led by:** Cathay AfricInvest Innovation Fund - **Biggest round:** $175M Series C · Aug 2023 - **Investors:** 10 (1 led) 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. 2024 2025 **$175M** Series C **$12M** Seed **$11M** Round - **First round:** Series C, $175M - **Biggest round:** $175M - **Usual gap between rounds:** 17 months ## The rounds - **Jun 2025** Round **$11M** *3 new* [Cathay AfricInvest Innovation Fund](https://millionrounds.com/fund/cathay-africinvest-innovation-fund) Lead [FMO](https://millionrounds.com/fund/fmo) [Platform Investment Partners](https://millionrounds.com/fund/platform-investment-partners) Reported by Disrupt Africa - **Jan 2024** Seed **$12M** *1 new* [SV Angel](https://millionrounds.com/fund/sv-angel) Source recorded - **Aug 2023** Series C **$175M** *6 new* [8VC](https://millionrounds.com/fund/8vc) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital) Source recorded ## 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. **Series C** 2023 **Seed** 2024 **Round** 2025 [Cathay AfricInvest Innovation Fund](https://millionrounds.com/fund/cathay-africinvest-innovation-fund) L [SV Angel](https://millionrounds.com/fund/sv-angel) [8VC](https://millionrounds.com/fund/8vc) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) [FMO](https://millionrounds.com/fund/fmo) [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital) [Platform Investment Partners](https://millionrounds.com/fund/platform-investment-partners) ## Everyone who backed them [Cathay AfricInvest Innovation Fund](https://millionrounds.com/fund/cathay-africinvest-innovation-fund) Investment firm **1** round, led 1 [SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round [8VC](https://millionrounds.com/fund/8vc) VC firm **1** round [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **1** round [IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **1** round [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity **1** round [FMO](https://millionrounds.com/fund/fmo) Government **1** round [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) Corporate VC **1** round [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital) VC firm **1** round [Platform Investment Partners](https://millionrounds.com/fund/platform-investment-partners) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nile). ## Quick answers about Nile ### Who invested in Nile? Nile's investors include Cathay AfricInvest Innovation Fund, SV Angel, 8VC, Valor Equity Partners and IQ Capital, and 5 more on record. Cathay AfricInvest Innovation Fund led its latest round. ### How much has Nile raised? Nile has raised $198M across 3 rounds since 2023. ### When did Nile last raise? Nile's most recent round, $11M, was in Jun 2025, led by Cathay AfricInvest Innovation Fund. ### What was Nile's biggest round? Nile's largest round on record is $175M (Series C), in Aug 2023. ### Who backed Nile first? Nile's first round on record, in Aug 2023, was backed by 8VC, Valor Equity Partners and IQ Capital and 3 others. ### What stage is Nile at? Nile's latest named round is a Seed, in Jan 2024. ### Where is Nile based? Nile is based in South Africa. ### Who led Nile's rounds? Cathay AfricInvest Innovation Fund led the funding round in 2025. ## Companies like Nile In the same sector, and raised in the last eighteen months. [**HealthLeap** $38M · Oct 2026](https://millionrounds.com/company/healthleap)[**Tennsa** $61K · Aug 2026](https://millionrounds.com/company/tennsa)[**Shiprazor** $2.6M · May 2026](https://millionrounds.com/company/shiprazor)[**AI Diagnostics** $5.2M · Apr 2026](https://millionrounds.com/company/ai-diagnostics)[**Lula** $85M · Feb 2026](https://millionrounds.com/company/lula)[**SwiftVEE** Dec 2025](https://millionrounds.com/company/swiftvee) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app