# Series B investors in Nigeria (2026 list)

> 16 series B investors in Nigeria, 100% active in the last 12 months. Led by Y Combinator, Techstars, Goodwater Capital. Ranked by what they funded.

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

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

# Series B investors in Nigeria

Updated 7 November 2026

Firms we have watched take part in a Series B round raised by a company in Nigeria in the last two years, wherever the firm is based.

[See all 16 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-b-investors-in-nigeria)The top 16

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

**1,464** cheques in 12 months *-23%* against the market

**$25M** median round they joined *+206%* against the market median

**100%** wrote a cheque in 12 months

**69%** have led a round

## The Top 16

Ordered by cheques observed, never by anything anyone paid for

Deploying now (16)

- 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 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) *Deploying now* VC firm · United States **526** **$4.1M** median round **Sept 2026** last seen
- 4 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 5 [Drive Capital](https://millionrounds.com/fund/drive-capital) *Deploying now* VC firm · United States **190** **$8.4M** median round **Oct 2026** last seen
- 6 [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) *Deploying now* VC firm · United States **150** **$28M** median round **Oct 2026** last seen
- 7 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen
- 8 [Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) *Deploying now* VC firm · United States **102** **$25M** median round **Oct 2026** last seen
- 9 [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) *Deploying now* VC firm · United States **89** **$8M** median round **Oct 2026** last seen
- 10 [Highland Europe](https://millionrounds.com/fund/highland-europe) *Deploying now* VC firm · United Kingdom **88** **$53M** median round **Nov 2026** last seen
- 11 [Lightrock](https://millionrounds.com/fund/lightrock) *Deploying now* VC firm · United Kingdom **55** **$53M** median round **Sept 2026** last seen
- 12 [MediaTek](https://millionrounds.com/fund/mediatek) *Deploying now* Corporate VC · Taiwan **17** **$67M** median round **Aug 2026** last seen
- 13 [Novastar Ventures](https://millionrounds.com/fund/novastar-ventures) *Deploying now* VC firm · United Kingdom **10** **$24M** median round **Sept 2026** last seen
- 14 [Nithio](https://millionrounds.com/fund/nithio) *Deploying now* Growth equity **3** **$50M** median round **Oct 2026** last seen
- 15 [Energy Entrepreneurs Growth Fund (EEGF) managed by Triple Jump](https://millionrounds.com/fund/energy-entrepreneurs-growth-fund-eegf-managed-by-triple-jump) *Deploying now* Growth equity **2** **$24M** median round **Jan 2026** last seen
- 16 [Equitane DMCC](https://millionrounds.com/fund/equitane-dmcc) *Deploying now* Growth equity **2** **$24M** median round **Jan 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars)
- **4** Nov **[Titan OS](https://millionrounds.com/company/titan-os)** Other · $46M *With* [Highland Europe](https://millionrounds.com/fund/highland-europe)
- **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **29** Oct **[Reflex](https://millionrounds.com/company/reflex)** Series A · $14M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **28** Oct **[Broccoli AI](https://millionrounds.com/company/broccoli-ai)** Series B · $52M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **28** Oct **[Easol](https://millionrounds.com/company/easol)** Series A · $30M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)

## Stages This Year

1,382 rounds

- Venture **27%**
- Pre-seed **19%**
- Series A **16%**
- Seed **15%**
- Series B **6%**
- Other **16%**

## What They Backed

Sectors, last 12 months

- AI **655**
- Fintech **97**
- Big Data & Analytics **80**
- Financial Services **60**
- Healthcare **56**
- Aerospace & Space **52**

## Cheques by Quarter

Led Joined

532 Q1 25

456 Q2 25

551 Q3 25

484 Q4 25

499 Q1 26

409 Q2 26

302 Q3 26

48 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states)
- [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states)
- [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states)
- [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states)
- [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states)
- [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom)
- [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states)
- [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states)
- [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom)

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

## Reading for founders at Series B and scaling

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible
- Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about series B investors in Nigeria

### Who are the most active series B investors in Nigeria?

By cheques observed, the most active are Y Combinator, Techstars, Goodwater Capital, Endeavor Catalyst and Drive Capital.

### How many series B investors in Nigeria are there?

16 are on record. 100% made an investment in the last 12 months and 69% have led a round.

### Which stages do series B investors in Nigeria back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (28%) and Series A (23%).

### How big are the rounds series B investors in Nigeria join?

The typical (median) round among the leading investors here is $25M.

### Which sectors do series B investors in Nigeria back most?

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

### Which series B investors in Nigeria lead the most rounds?

Highland Europe (12 led), Y Combinator (11 led) and Goodwater Capital (11 led).

### Where are series B investors in Nigeria based?

Among the most active, most are based in the United States (9), the United Kingdom (3) and Taiwan (1).

### What have series B investors in Nigeria invested in recently?

Recent rounds include Lazarus AI (Nov 2026, with Techstars), Titan OS (Other, Nov 2026, with Highland Europe) and Neuron Industries (Seed, Oct 2026, with Y Combinator).

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