# VC firms based in Nigeria (2026 list)

> 132 VC firms based in Nigeria, 7% active in the last 12 months. Led by LoftyInc Capital, Ventures Platform, ARM. Ranked by what they funded.

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

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

# VC firms based in Nigeria

Updated 7 November 2026

VC firms headquartered in Nigeria.

[See all 132 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-based-in-nigeria)The top 25

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

**13** cheques in 12 months *-60%* against the market

**$2M** median round they joined *-75%* against the market median

**7%** wrote a cheque in 12 months

**7%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (9)

- 1 [LoftyInc Capital](https://millionrounds.com/fund/loftyinc-capital) *Deploying now* VC firm · Nigeria **73** **$2.3M** median round **May 2026** last seen
- 2 [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) *Deploying now* VC firm · Nigeria **45** **$2M** median round **Mar 2026** last seen
- 3 [ARM](https://millionrounds.com/fund/arm) *Deploying now* VC firm · Nigeria **21** **$175M** median round **Aug 2026** last seen
- 4 [Future Africa](https://millionrounds.com/fund/future-africa) *Deploying now* VC firm · Nigeria **5** **$2M** median round **Oct 2026** last seen
- 5 [Octerra Capital](https://millionrounds.com/fund/octerra-capital) quiet VC firm · Nigeria **3** **$5.5M** median round **Feb 2025** last seen
- 6 [All On](https://millionrounds.com/fund/all-on) quiet VC firm · Nigeria **2** **$2.6M** median round **Jun 2025** last seen
- 7 [Atlantica Ventures](https://millionrounds.com/fund/atlantica-ventures) *Deploying now* VC firm · Nigeria **2** **$1.4M** median round **Sept 2026** last seen
- 8 [EchoVC Partners](https://millionrounds.com/fund/echovc-partners-2) quiet VC firm · Nigeria **2** **$600K** median round **Jul 2012** last seen
- 9 [Interswitch](https://millionrounds.com/fund/interswitch) quiet VC firm · Nigeria **2** **$2M** median round **Oct 2015** last seen
- 10 [Microtraction](https://millionrounds.com/fund/microtraction) quiet VC firm · Nigeria **2** **$2M** median round **Dec 2024** last seen
- 11 [Voltron Capital](https://millionrounds.com/fund/voltron-capital) quiet VC firm · Nigeria **2** **$1.5M** median round **Oct 2023** last seen
- 12 [Ajayi Solutions](https://millionrounds.com/fund/ajayi-solutions) quiet VC firm · Nigeria **1** **$1M** median round **Mar 2019** last seen
- 13 [Alitheia IDF](https://millionrounds.com/fund/alitheia-idf) *Deploying now* VC firm · Nigeria **1** **$11M** median round **Feb 2026** last seen
- 14 [Askya Investment Partners](https://millionrounds.com/fund/askya-investment-partners) *Deploying now* VC firm · Nigeria **1** **$8M** median round **Oct 2026** last seen
- 15 [Emergence Capital](https://millionrounds.com/fund/emergence-capital-11) *Deploying now* VC firm · Nigeria **1** **$308M** median round **Sept 2026** last seen
- 16 [Greenhouse Capital](https://millionrounds.com/fund/greenhouse-capital) quiet VC firm · Nigeria **1** **$31M** median round **Aug 2020** last seen
- 17 [Ingressive Capital](https://millionrounds.com/fund/ingressive-capital) quiet VC firm · Nigeria **1** **$1.8M** median round **Oct 2025** last seen
- 18 [Oui Capital](https://millionrounds.com/fund/oui-capital) quiet VC firm · Nigeria **1** **$3.5M** median round **Feb 2025** last seen
- 19 [P2Vest](https://millionrounds.com/fund/p2vest) quiet VC firm · Nigeria **1** **$1.6M** median round **Dec 2024** last seen
- 20 [Rising Tide Africa](https://millionrounds.com/fund/rising-tide-africa) *Deploying now* VC firm · Nigeria **1** **$1M** median round **Oct 2026** last seen
- 21 [Verod Kepple Africa Ventures](https://millionrounds.com/fund/verod-kepple-africa-ventures) quiet VC firm · Nigeria **1** **$52M** median round **May 2025** last seen
- 22 [Zrosk Investment Management](https://millionrounds.com/fund/zrosk-investment-management) quiet VC firm · Nigeria **1** **$1.8M** median round **Jun 2025** last seen
- 23 [3Gates Investments Ltd](https://millionrounds.com/fund/3gates-investments-ltd) unknown VC firm · Nigeria **none observed** **-** median round **-** last seen
- 24 [8thGear Hub & Venture Studio](https://millionrounds.com/fund/8thgear-hub-and-venture-studio) unknown VC firm · Nigeria **none observed** **-** median round **-** last seen
- 25 [AFRINANCE MANAGEMENT LTD](https://millionrounds.com/fund/afrinance-management-ltd) unknown VC firm · Nigeria **none observed** **-** median round **-** last seen

**107 more on this list**

All 132 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%2Fvc-firms-based-in-nigeria)

## The Newest Cheques

Rounds this list's investors joined most recently

- **28** Oct **[Talent Nation](https://millionrounds.com/company/talent-nation)** Pre-seed *With* [Future Africa](https://millionrounds.com/fund/future-africa)
- **2** Oct **[Ororo Waste](https://millionrounds.com/company/ororo-waste)** Other · $1M *Led by* [Rising Tide Africa](https://millionrounds.com/fund/rising-tide-africa)
- **1** Oct **[Satlyt](https://millionrounds.com/company/satlyt)** Seed · $8M *With* [Askya Investment Partners](https://millionrounds.com/fund/askya-investment-partners)
- **16** Sept **[Impulse Space](https://millionrounds.com/company/impulse-space)** Series D+ · $308M *Led by* [Emergence Capital](https://millionrounds.com/fund/emergence-capital-11)
- **4** Sept **[ChipMango](https://millionrounds.com/company/chipmango)** Seed · $1.9M *Led by* [Atlantica Ventures](https://millionrounds.com/fund/atlantica-ventures)
- **3** Aug **[Olix](https://millionrounds.com/company/olix)** Growth · $312M *With* [ARM](https://millionrounds.com/fund/arm)

## Stages This Year

13 rounds

- Seed **31%**
- Series A **23%**
- Other **8%**
- Pre-seed **8%**
- Series D+ **8%**
- Other **23%**

## What They Backed

Sectors, last 12 months

- AI **4**
- Fintech **3**
- Aerospace & Space **2**
- Education **2**
- Consumer Apps **2**
- Future of Work **2**

## Cheques by Quarter

Led Joined

8 Q1 25

10 Q2 25

6 Q3 25

3 Q4 25

5 Q1 26

1 Q2 26

3 Q3 26

3 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states)
- [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states)
- [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom)
- [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china)
- [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india)
- [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada)
- [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany)
- [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom)
- [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states)

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

## Quick answers about VC firms based in Nigeria

### Who are the most active VC firms based in Nigeria?

By cheques observed, the most active are LoftyInc Capital, Ventures Platform, ARM, Future Africa and Octerra Capital.

### How many VC firms based in Nigeria are there?

132 are on record. 7% made an investment in the last 12 months and 7% have led a round.

### Which stages do VC firms based in Nigeria back?

Of the rounds with a named stage in the last 12 months, mostly Seed (36%) and Series A (27%).

### How big are the rounds VC firms based in Nigeria join?

The typical (median) round among the leading investors here is $2M.

### Which sectors do VC firms based in Nigeria back most?

In the last 12 months, mostly AI, Fintech and Aerospace & Space.

### Which VC firms based in Nigeria lead the most rounds?

Atlantica Ventures (2 led), LoftyInc Capital (1 led) and Ventures Platform (1 led).

### What have VC firms based in Nigeria invested in recently?

Recent rounds include Talent Nation (Pre-seed, Oct 2026, with Future Africa), Ororo Waste (Other, Oct 2026, with Rising Tide Africa) and Satlyt (Seed, Oct 2026, with Askya Investment Partners).

### How is this list of VC firms based in Nigeria ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

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