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Funding roundInvestment (round not specified)

Nithio Investment (round not specified)

Nithio raised $3M in an Investment (round not specified) from Schmidt Family Foundation. It was announced on 2 May 2023.

3 sourcesSource: SLA Funding IndexHow we verify →
Amount raised
$3M
USD
Announced
3 years ago
Investors
1

Investors in Nithio's Investment (round not specified)1

About this round

Liners batch 0063 row cmn7sxnmj02qj1jc9y0ax7onx (export 'Venture (Round not Specified)', 'May 1, 2023' first-of-month artifact, USD 3M). Schmidt Family Foundation investment of USD 3M into Nithio FI, a blended-finance vehicle of Nithio; instrument and lead status not stated in sources. Date = earliest located publication (Financial Nigeria 02 May 2023); Herald Ghana 03 May 2023; ImpactAlpha 08 May 2023. Announcement date not separately confirmed.

Sources for this round3

Frequently asked about Nithio's Investment (round not specified)

How much did Nithio raise in its Investment (round not specified)?
$3M, announced on 2 May 2023.
Who invested in Nithio's Investment (round not specified)?
1 investor is named for this round: Schmidt Family Foundation.