# AI investors in Nigeria (2026 list)

> 39 AI investors in Nigeria, 87% active in the last 12 months. Led by Y Combinator, Techstars, LocalGlobe. Ranked by what they funded.

Source: https://millionrounds.com/lists/ai-investors-in-nigeria (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# AI investors in Nigeria

Updated 7 November 2026

Firms observed backing a AI company in Nigeria in the last two years, wherever the firm is based.

[See all 39 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fai-investors-in-nigeria)The top 25

**39** investors on the list *+1* this week

**1,347** cheques in 12 months *-22%* against the market

**$3.3M** median round they joined *-59%* against the market median

**87%** wrote a cheque in 12 months

**46%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [LocalGlobe](https://millionrounds.com/fund/localglobe) *Deploying now* VC firm · United Kingdom **269** **$12M** median round **Oct 2026** last seen
- 4 [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) *Deploying now* VC firm · United States **154** **$13M** median round **Nov 2026** last seen
- 5 [Breega](https://millionrounds.com/fund/breega) *Deploying now* VC firm · France **97** **$9.3M** median round **Oct 2026** last seen
- 6 [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) *Deploying now* Government · United Kingdom **84** **$20M** median round **Nov 2026** last seen
- 7 [Bowery Capital](https://millionrounds.com/fund/bowery-capital) *Deploying now* VC firm · United States **75** **$5.4M** median round **Jul 2026** last seen
- 8 [FMO](https://millionrounds.com/fund/fmo) *Deploying now* Government · Netherlands **66** **$20M** median round **Oct 2026** last seen
- 9 [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) *Deploying now* Institutional LP · United States **60** **$21M** median round **Oct 2026** last seen
- 10 [Saul Klein](https://millionrounds.com/fund/saul-klein) *Deploying now* Angel **12** **$21M** median round **Oct 2026** last seen
- 11 [Algebra Ventures](https://millionrounds.com/fund/algebra-ventures) *Deploying now* VC firm · Egypt **11** **$7M** median round **Nov 2026** last seen
- 12 [Enza Capital](https://millionrounds.com/fund/enza-capital) *Deploying now* VC firm · Kenya **11** **$8M** median round **Oct 2026** last seen
- 13 [Kaleo Ventures](https://millionrounds.com/fund/kaleo-ventures) *Deploying now* VC firm · United States **8** **$1.6M** median round **Oct 2026** last seen
- 14 [4Di Capital](https://millionrounds.com/fund/4di-capital) *Deploying now* VC firm · South Africa **7** **$6.3M** median round **May 2026** last seen
- 15 [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund) *Deploying now* VC firm · Kenya **7** **$1.8M** median round **Sept 2026** last seen
- 16 [Transpose Platform](https://millionrounds.com/fund/transpose-platform) *Deploying now* VC firm · United States **7** **$15M** median round **Oct 2026** last seen
- 17 [AfricInvest](https://millionrounds.com/fund/africinvest) *Deploying now* Private equity · Tunisia **6** **$13M** median round **May 2026** last seen
- 18 [Madica](https://millionrounds.com/fund/madica) *Deploying now* Accelerator · United States **6** **$883K** median round **Oct 2026** last seen
- 19 [Future Africa](https://millionrounds.com/fund/future-africa) *Deploying now* VC firm · Nigeria **5** **$2M** median round **Oct 2026** last seen
- 20 [Capria Ventures](https://millionrounds.com/fund/capria-ventures) *Deploying now* VC firm · United States **4** **$10M** median round **Oct 2026** last seen
- 21 [Mercy Corps Ventures](https://millionrounds.com/fund/mercy-corps-ventures) *Deploying now* Corporate VC · United States **3** **$1.8M** median round **Apr 2026** last seen
- 22 [Ajim Capital](https://millionrounds.com/fund/ajim-capital) *Deploying now* VC firm · United States **2** **$1M** median round **Oct 2026** last seen
- 23 [All On](https://millionrounds.com/fund/all-on) quiet VC firm · Nigeria **2** **$2.6M** median round **Jun 2025** last seen
- 24 [Atlantica Ventures](https://millionrounds.com/fund/atlantica-ventures) *Deploying now* VC firm · Nigeria **2** **$1.4M** median round **Sept 2026** last seen
- 25 [Helios Digital Ventures](https://millionrounds.com/fund/helios-digital-ventures) quiet VC firm **2** **$24M** median round **Oct 2025** last seen

**14 more on this list**

All 39 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fai-investors-in-nigeria)

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *With* [British International Investment](https://millionrounds.com/fund/british-international-investment-bii)
- **4** Nov **[Helium Health](https://millionrounds.com/company/helium-health)** Grant · $2.5M *Led by* [google.org](https://millionrounds.com/fund/google-org)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars)
- **3** Nov **[Guava](https://millionrounds.com/company/guava)** Seed · $13M *With* [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures)
- **2** Nov **[Okra Solar](https://millionrounds.com/company/okra-solar)** Debt · $7M *Led by* [British International Investment](https://millionrounds.com/fund/british-international-investment-bii)
- **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)

## Stages This Year

1,307 rounds

- Venture **27%**
- Pre-seed **21%**
- Seed **17%**
- Series A **16%**
- Series B **5%**
- Other **15%**

## What They Backed

Sectors, last 12 months

- AI **642**
- Fintech **81**
- Big Data & Analytics **74**
- Financial Services **56**
- Healthcare **54**
- Aerospace & Space **45**

## Cheques by Quarter

Led Joined

466 Q1 25

420 Q2 25

489 Q3 25

470 Q4 25

430 Q1 26

388 Q2 26

266 Q3 26

66 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in AI and data

- Genius Makers: The Mavericks Who Brought AI to Google, Facebook, and the World Cade Metz · 2021 4.26 from 3,395 ratings on Goodreads AI and data Company building About the book "This colorful page-turner puts artificial intelligence into a human perspective. Through the lives of Geoff Hinton and other major players, Metz explains this transformative technology and makes the quest thrilling." Walter Isaacson, author of The Code Breaker Recipient of… On AmazonListen on Audible
- Rewired: The McKinsey Guide to Outcompeting in the Age of Digital and AI Eric Lamarre · 2023 3.87 from 490 ratings on Goodreads AI and data Company building About the book In Rewired, the world's most influential management consulting firm, McKinsey & Company, delivers a road-tested, how-to manual their own consultants use to help companies build the capabilities to outcompete in the age of digital and AI. Many companies are stuck with digital… On AmazonListen on Audible
- The Scaling Era: An Oral History of AI, 2019–2025 Dwarkesh Patel · 2025 3.87 from 570 ratings on Goodreads AI and data Company building About the book An inside view of the AI revolution, from the people and companies making it happen.How did we build large language models? How do they think, if they think? What will the world look like if we have billions of AIs that are as smart as humans, or even smarter?In a series of… On AmazonListen on Audible
- Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity Daron Acemoğlu · 2023 3.94 from 2,496 ratings on Goodreads AI and data Company building About the book The bestselling co-author of Why Nations Fail and the bestselling co-author of 13 Bankers deliver a bold reinterpretation of economics and history that will fundamentally change how you see the world A thousand years of history and contemporary evidence make one thing clear.… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=ai).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about AI investors in Nigeria

### Who are the most active AI investors in Nigeria?

By cheques observed, the most active are Y Combinator, Techstars, LocalGlobe, Commerce Ventures and Breega.

### How many AI investors in Nigeria are there?

39 are on record. 87% made an investment in the last 12 months and 46% have led a round.

### Which stages do AI investors in Nigeria back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (30%) and Seed (24%).

### How big are the rounds AI investors in Nigeria join?

The typical (median) round among the leading investors here is $7M.

### Which sectors do AI investors in Nigeria back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which AI investors in Nigeria lead the most rounds?

Y Combinator (11 led), Breega (10 led) and LocalGlobe (6 led).

### Where are AI investors in Nigeria based?

Among the most active, most are based in the United States (11), Nigeria (3) and the United Kingdom (2).

### What have AI investors in Nigeria invested in recently?

Recent rounds include Enza (Seed, Nov 2026, with British International Investment), Helium Health (Grant, Nov 2026, with google.org) and Lazarus AI (Nov 2026, with Techstars).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
