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Energy 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

CompanySectorStageValuationRaisedEmployeesMomentum
Husk Power Systems
Nigeria
Technology
Debt Financing
1001
Daystar Power
Daystar Power
Nigeria
Technology
Debt Financing
51
Azuri Technologies
Azuri Technologies
Nigeria
Technology
Corporate
201
ARNERGY
ARNERGY
Nigeria
Technology
Series B
11
Oando
Oando
Nigeria
Technology
Secondary Market
0
Nithio
Nithio
Nigeria
Technology
Debt Financing
2

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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.