Nigeria: venture funds and startups
Geography hub · Middle East & Africa
◆ Funds tracked
5
◆ Combined AUM
$1.3B
◆ Startups tracked
5
◆ Raised between them
$140.8M
◆ Overview
Fusion42 tracks 5 venture funds in Nigeria with $1.3B in combined assets under management, and 5 startups that have raised $140.8M 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 Ventures Platform, Terra Industries, Blockops Network, Daya and Badili. 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 (5 tracked)
| Startup | Stage | HQ | Raised |
|---|---|---|---|
| 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
- MTN Nigeria targets fibre gaps with FlyX2 Sept 2026
- Nigeria's Binani Air plans MRO facility for Abuja - ch-aviation2 Sept 2026
- Nigeria confirms planned withdrawal of US troops sent to help tackle insecurity crisis1 Sept 2026
- Nigeria's economy expands by 4.4% in Q2, lifted by oil and non-oil sectors1 Sept 2026
- Nigeria's Insecurity Tests President's Reelection31 Aug 2026
- How we turned around Nigeria's Marine and Blue Economy in three years, by Oyetola31 Aug 2026
- Nigeria's finance bill is the annual fiscal habit that reform forgot to break31 Aug 2026
- Nigerian Army X account hit in second military cyber breach31 Aug 2026
- Nigeria launches $1 billion social protection program30 Aug 2026
- NASENI empowers 1,000 Lagos residents with skills, clean energy30 Aug 2026