How much funding have Distributed Renewable Energy startups in Nigeria raised?

Distributed Renewable Energy startups in Nigeria have raised $169M across 11 disclosed rounds.

Who invests in Distributed Renewable Energy startups in Nigeria?

Acumen has backed 1 of them, followed by Bamboo Capital Partners (1) and EDFI ElectriFI (1). 16 investors have backed Distributed Renewable Energy startups in Nigeria in total.

Where in Nigeria are Distributed Renewable Energy startups based?

Lagos (2), Abuja (1) and Azare (1) have the most.

Sector × countryUpdated daily

Distributed Renewable Energy startups in Nigeria

StartupList Africa tracks 5 Distributed Renewable Energy startups in Nigeria, which have raised $169M across 11 disclosed rounds. Lagos has the most, with 2, followed by Abuja (1) and Azare (1). 16 investors have backed them.

Companies: 5; in Nigeria
Total raised: $169M; 11 rounds
Investors: 16; backed them

Updated 23 Oct 20265 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Distributed Renewable Energy startups in Nigeria5

#	Startup	What they do	Last round	Raised	Team
1	BetapawaNigeria	Custom-sized solar systems for Nigerian homes and businesses, installed nationwide with pay-monthly financing.	-	Not disclosed
2	Rana EnergyNigeria	Subscription-based solar energy systems with AI-driven management for SMEs and homes in Nigeria	-	Not disclosed
3	InadeAfricaNigeria	AI-managed solar mini-grids with an IoT energy intelligence platform for Nigerian manufacturers	-	Not disclosed	2–10
4	Energy Assured NigeriaNigeria	Solar irrigation-as-a-service and solar dryers for smallholder farmers in northern Nigeria, rented to farmer clusters for a flat monthly fee.	-	Not disclosed	2–10
5	Husk Power SystemsNigeria	Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources	Debt Financing	$169M	1,001–5,000

SLA Startup Index · as of 23 Oct 2026 · raised is disclosed funding

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Frequently asked about Distributed Renewable Energy in Nigeria

How many Distributed Renewable Energy startups are there in Nigeria?: StartupList Africa tracks 5 Distributed Renewable Energy startups in Nigeria.
How much funding have Distributed Renewable Energy startups in Nigeria raised?: Distributed Renewable Energy startups in Nigeria have raised $169M across 11 disclosed rounds.
Who invests in Distributed Renewable Energy startups in Nigeria?: Acumen has backed 1 of them, followed by Bamboo Capital Partners (1) and EDFI ElectriFI (1). 16 investors have backed Distributed Renewable Energy startups in Nigeria in total.
Where in Nigeria are Distributed Renewable Energy startups based?: Lagos (2), Abuja (1) and Azare (1) have the most.

Cite this page

StartupList Africa, “Distributed Renewable Energy startups in Nigeria”, updated 23 Oct 2026.

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