# Hardware investors in Nigeria (2026 list)

> 15 hardware investors in Nigeria, 93% active in the last 12 months. Led by Y Combinator, SV Angel, Google for Startups. Ranked by what they funded.

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

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

# Hardware investors in Nigeria

Updated 7 November 2026

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

[See all 15 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhardware-investors-in-nigeria)The top 15

**15** investors on the list No change this week

**1,508** cheques in 12 months *-8%* against the market

**$18M** median round they joined *+125%* against the market median

**93%** wrote a cheque in 12 months

**60%** have led a round

## The Top 15

Ordered by cheques observed, never by anything anyone paid for

Deploying now (14)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 3 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 4 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen
- 5 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen
- 6 [Floodgate](https://millionrounds.com/fund/floodgate) *Deploying now* VC firm · United States **328** **$9.8M** median round **Sept 2026** last seen
- 7 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) *Deploying now* VC firm · United States **261** **$50M** median round **Nov 2026** last seen
- 8 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen
- 9 [Leblon Capital](https://millionrounds.com/fund/leblon-capital) *Deploying now* VC firm · Germany **27** **$9.8M** median round **Sept 2026** last seen
- 10 [Silent Ventures](https://millionrounds.com/fund/silent-ventures) *Deploying now* VC firm · United States **7** **$50M** median round **Oct 2026** last seen
- 11 [Invest International](https://millionrounds.com/fund/invest-international) *Deploying now* Investment firm · Netherlands **4** **$1.8M** median round **Oct 2026** last seen
- 12 [Micky Malka](https://millionrounds.com/fund/micky-malka) *Deploying now* Angel **4** **$15M** median round **Jan 2026** last seen
- 13 [Nova Global](https://millionrounds.com/fund/nova-global) *Deploying now* VC firm **3** **$18M** median round **Aug 2026** last seen
- 14 [Valour Equity Partners](https://millionrounds.com/fund/valour-equity-partners) *Deploying now* VC firm **2** **$55M** median round **Jun 2026** last seen
- 15 [Angel investors from Google, Tesla, and Unicredit](https://millionrounds.com/fund/angel-investors-from-google-tesla-and-unicredit) quiet Angel network **1** **$1.4M** median round **May 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *With* [Google](https://millionrounds.com/fund/google-assistant-investments)
- **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Lux Capital](https://millionrounds.com/fund/lux-capital)
- **2** Nov **[Lumaril](https://millionrounds.com/company/lumaril)** Series A · $66M *With* [Lux Capital](https://millionrounds.com/fund/lux-capital)
- **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **30** Oct **[PaperFoam](https://millionrounds.com/company/paperfoam)** Debt · $2.2M *Led by* [Invest International](https://millionrounds.com/fund/invest-international)

## Stages This Year

1,387 rounds

- Venture **27%**
- Pre-seed **18%**
- Seed **16%**
- Series A **14%**
- Series B **7%**
- Other **18%**

## What They Backed

Sectors, last 12 months

- AI **738**
- Big Data & Analytics **94**
- Fintech **80**
- Healthcare **69**
- Robotics **50**
- Aerospace & Space **48**

## Cheques by Quarter

Led Joined

421 Q1 25

429 Q2 25

461 Q3 25

475 Q4 25

461 Q1 26

451 Q2 26

310 Q3 26

68 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 hardware and deep tech

- The One Device: The Secret History of the iPhone Brian Merchant · 2017 3.89 from 1,949 ratings on Goodreads Hardware and deep tech About the book We know the iPhone as the device that transformed our world, changing everything from how we talk to each other and do business, to how we exercise, travel, shop, and watch TV. But packed within its slim profile is the fascinating, untold story of scientific, technological, and… On AmazonListen on Audible
- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Hardware and deep tech About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Hardware and deep tech About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- Behemoth: A History of the Factory and the Making of the Modern World Joshua B. Freeman · 2018 3.83 from 864 ratings on Goodreads Hardware and deep tech About the book "Freeman’s rich and ambitious Behemoth depicts a world in retreat that still looms large in the national imagination.…More than an economic history, or a chronicle of architectural feats and labor movements." ―Jennifer Szalai, New York Times In an accessible and timely work of… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about hardware investors in Nigeria

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

By cheques observed, the most active are Y Combinator, SV Angel, Google for Startups, 8VC and Lux Capital.

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

15 are on record. 93% made an investment in the last 12 months and 60% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (26%) and Seed (24%).

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

The typical (median) round among the leading investors here is $18M.

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

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

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

8VC (26 led), Valor Equity Partners (21 led) and Lux Capital (20 led).

### Where are hardware investors in Nigeria based?

Among the most active, most are based in the United States (9), Germany (1) and the Netherlands (1).

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

Recent rounds include Zipline (Growth, Nov 2026, with Valor Equity Partners), Agrani Labs (Nov 2026, with Google) and Applied Compute (Other, Nov 2026, with Lux Capital).

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