FundingsUpdated daily

Startup funding in Nigeria, 2016

5 disclosed rounds on the record for this view, newest first.

Updated 6,517 rounds on recordSource: SLA Funding IndexHow we count →Submit a round →

Startup funding in Nigeria, 20165 · newest first

All 6,517 rounds →
#StartupRoundAmountDate
1
Foodstock Farmers MarketAgriculture · Lagos
Series A$9M22 Dec
2
Zola ElectricEnergy & Environment Resources · Lagos
Debt Financing$8M10 Aug
3
Zola ElectricEnergy & Environment Resources · Lagos
Series D$10M10 Aug
4
iROKOtvMedia and Entertainment · Lagos
Series E$19M25 Jan
5
BoomplayApps · Lagos
Series Unknown$6M01 Jan

SLA Funding Index · as of 10 Oct 2026

Questions about startup funding in Nigeria, 2016

How many funding rounds did startups in Nigeria raise in 2016?
5 disclosed rounds are on the StartupList Africa record for this view as of 10 Oct 2026, listed newest first.
How often is funding data updated?
Our funding database is updated daily. We track disclosed rounds from press releases, regulatory filings, investor announcements, and verified startup submissions.
What funding stages are tracked?
We track all stages including Pre-Seed, Seed, Series A through Series E+, as well as alternative capital types like angel investments, grants, debt financing, and convertible notes.
How is the funding amount determined?
Amounts shown are the disclosed USD equivalent at the time of announcement. Where the round was denominated in local currency, we convert using the exchange rate on the announcement date.