Sector x Market
Focused shortlistEnergy startups in Nigeria
StartupList Africa tracks 27 Energy startups in Nigeria, which have raised $625M across 105 disclosed rounds. Lagos has the most, with 18, followed by Abuja (5) and Ilupeju (1). 122 investors have backed them.
Updated
Companies tracked
27
Disclosed funding
$625M
Investors
122
Energy companies in Nigeria
| Company | Sector | Stage | Valuation | Raised | Employees | Momentum | |
|---|---|---|---|---|---|---|---|
Husk Power Systems Nigeria | Technology | Debt Financing | 1001 | ||||
![]() Daystar Power Nigeria | Technology | Debt Financing | 51 | ||||
![]() Azuri Technologies Nigeria | Technology | Corporate | 201 | ||||
![]() ARNERGY Nigeria | Technology | Series B | 11 | ||||
![]() Oando Nigeria | Technology | Secondary Market | 0 | ||||
![]() Nithio Nigeria | Technology | Debt Financing | 2 |
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Energy startups by city
Top Energy investors in Nigeria
- All Onbacked 8
- Proparcobacked 4
- FMObacked 3
- International Finance Corporationbacked 3
- TRINEbacked 3
Energy in Nigeria: quick facts
- How many Energy startups are there in Nigeria?
- StartupList Africa tracks 27 Energy startups in Nigeria.
- How much funding have Energy startups in Nigeria raised?
- Energy startups in Nigeria have raised $625M across 105 disclosed rounds.
- Who invests in Energy startups in Nigeria?
- All On has backed 8 of them, followed by Proparco (4) and FMO (3). 122 investors have backed Energy startups in Nigeria in total.
- Where in Nigeria are Energy startups based?
- Lagos (18), Abuja (5) and Ilupeju (1) have the most.






