Nigeria: venture funds and startups

Geography hub · Middle East & Africa

5 funds7 startups$1.3B AUM

◆ Funds tracked

◆ Combined AUM

$1.3B

◆ Startups tracked

◆ Raised between them

$142.8M

◆ Overview

Fusion42 tracks 5 venture funds in Nigeria with $1.3B in combined assets under management, and 7 startups that have raised $142.8M between them. The data below is live from the same database that powers Raise and Scout, and is continuously enriched as new rounds and funds are announced.

Part of the Raise fund database and the Scout startup database by Fusion42 — the same live data Arthur reasons over.

◆ Highlights

Active funds in Nigeria include Ventures Platform Fund II, DICE Fund of Funds, VP Pan-African Fund II, iDICE and Oui Capital; startups in Nigeria include Vatar, Biochar Industrial Group (BIG), Ventures Platform, Terra Industries and Blockops Network. Each name links through to a full machine-readable profile — its backers, rounds and related Wire analysis — and the tables below list every entity Fusion42 tracks in Nigeria, refreshed as new rounds and funds are announced.

◆ Funds in Nigeria (5 tracked)

Fund	Type	HQ
Ventures Platform Fund II	vc	Nigeria
DICE Fund of Funds	vc	Nigeria
VP Pan-African Fund II	vc	Nigeria
iDICE	vc	Nigeria
Oui Capital	vc	Nigeria

◆ Startups in Nigeria (7 tracked)

Startup	Stage	HQ	Raised
Vatar	pre-seed	Nigeria	$0.5M
Biochar Industrial Group (BIG)	pre-seed	Nigeria	$1.5M
Ventures Platform	seed	Nigeria	$84M
Terra Industries	seed	Nigeria	$52M
Blockops Network	pre-seed	Nigeria	$0.3M
Daya	pre-seed	Nigeria	$2.4M
Badili	pre-seed	Kenya	$2.1M

◆ Recent Wire analysis