How much funding have Web3 startups in Nigeria raised?

Web3 startups in Nigeria have raised $51.7M across 19 disclosed rounds.

Who invests in Web3 startups in Nigeria?

Adaverse has backed 2 of them, followed by Audacity Fund (2) and gumi Cryptos Capital (2). 105 investors have backed Web3 startups in Nigeria in total.

Where in Nigeria are Web3 startups based?

Lagos (13) and Enugu (1) have the most.

Sector × countryUpdated daily

Web3 startups in Nigeria

StartupList Africa tracks 16 Web3 startups in Nigeria, which have raised $51.7M across 19 disclosed rounds. Lagos has the most, with 13, followed by Enugu (1). 105 investors have backed them.

Companies: 16; in Nigeria
Total raised: $51.7M; 19 rounds
Investors: 105; backed them

Updated 22 Oct 202616 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Web3 startups in Nigeria16

#	Startup	What they do	Last round	Raised	Team
1	T3kitNigeria	Beginner-friendly Web3 guides, tools, learning paths and opportunities	-	Not disclosed
2	Earth Inc.Nigeria	Financial infrastructure for African contemporary art	-	Not disclosed
3	BoundlessNigeria	Hackathons, bounties, grants and crowdfunding on Stellar.	-	Not disclosed
4	Polytope LabsNigeria	Blockchain R&D lab behind Hyperbridge, a proof-based cross-chain interoperability protocol.	-	Not disclosed
5	ComiBlockNigeria	ComiBlock gives users access to invest in actively managed and diversified crypto portfolios.	Pre-seed	Not disclosed	11–50
6	ScorefamNigeria	Scorefam is a Play to Earn & NFT- based Sports Gaming Platform powered by $SFT	Initial Coin Offering	$25M	11–50
7	NestcoinNigeria	Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets.	Seed	$8M	11–50
8	Canza FinanceNigeria	Canza Finance is providing access to financial services to the financially underserved masses in Africa	Strategic	$6M	11–50
9	FonbnkNigeria	Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets.	Seed	$5M	2–10
10	Metaverse Magna (MVM)Nigeria	Metaverse Magna is an Africa-focused blockchain gaming platform	Seed	$3M	11–50
11	AfropolitanNigeria	Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives.	Pre-seed	$2M	2–10
12	HashgreedNigeria	Hashgreed is Africa’s first NFT Marketplace for creative, commerce and asset tokenization	Seed	$1M	11–50
13	StakefairNigeria	Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry	Pre-seed	$670K	11–50
14	PaycrestNigeria	Paycrest builds B2B fintech settlement infrastructure globally.	Pre-seed	$404K	1–10
15	KonnadexNigeria	Konnadex enables African merchants to accept stablecoin payments through seamless Web3 tools.	Grant	$20K	11–50
16	ClapMiNigeria	ClapMi merges livestreaming with Web3 rewards, empowering creators and fans through blockchain engagement.	Grant	$20K	1–10

SLA Startup Index · as of 22 Oct 2026 · raised is disclosed funding

Showing 1–16 of 16

Frequently asked about Web3 in Nigeria

How many Web3 startups are there in Nigeria?: StartupList Africa tracks 16 Web3 startups in Nigeria.
How much funding have Web3 startups in Nigeria raised?: Web3 startups in Nigeria have raised $51.7M across 19 disclosed rounds.
Who invests in Web3 startups in Nigeria?: Adaverse has backed 2 of them, followed by Audacity Fund (2) and gumi Cryptos Capital (2). 105 investors have backed Web3 startups in Nigeria in total.
Where in Nigeria are Web3 startups based?: Lagos (13) and Enugu (1) have the most.

Cite this page

StartupList Africa, “Web3 startups in Nigeria”, updated 22 Oct 2026.

startuplist.africa/countries/nigeria/industries/web3