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Updated Feb 16, 2026

Top Funded Nigeria Startups of 2021

Ranked by total funding announced in 2021 (USD).

S
Curated by StartupList Africa
Total Funding
$1.6B
Avg Valuation
$0
Companies
25
Investors
354

Market Map

25 companies in this list

RankCompanyHQ LocationStageLast RoundTotal FundingBackers
1
OPay
OPayOPay empowers users and enables them to accomplish more with their money by providing smart financial services.
Ikeja, NigeriaSeries CAugust 2021$400M13
2
Andela
AndelaAndela is an engineering-as-a-service business that helps companies build remote teams quickly and cost-effectively.
Ilupeju, NigeriaLate Stage VentureSeptember 2021$200M38
3
Flutterwave
FlutterwaveThe easiest way to make and accept payments from customers anywhere in the world.
Lekki, NigeriaLate Stage VentureFebruary 2022$170M39
4
TradeDepot
TradeDepotTradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa.
Oregun, NigeriaEarly Stage VentureDecember 2021$110M9
5
PalmPay
PalmPayPalmPay is a simple and secure payment app that give rewards.
Lagos, NigeriaEarly Stage VentureAugust 2021$100M8
6
Zola Electric
Zola ElectricZOLA Electric is a Silicon Valley startup democratizing clean energy access and smart storage power solutions.
Lagos, NigeriaDebt FinancingSeptember 2021$90M27
7
Kuda Bank
Kuda BankKuda Bank is designed for your smartphone, free of ridiculous charges and great at helping you budget, spend smartly and save more.
Lagos, NigeriaEarly Stage VentureAugust 2021$80M14
8
Moove
MooveMoove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa.
Lagos, NigeriaEarly Stage VentureMarch 2024$63M26
9
Daystar Power
Daystar PowerSolar power and Energy efficiency solutions for businesses
Ilupeju, NigeriaDebt FinancingJuly 2021$58M10
10
FairMoney
FairMoneyFairMoney is a platform that helps people access instant loans within 5 minutes through our android app.
Ikeja, NigeriaVentureOctober 2021$42M8
11
MAX.NG
MAX.NGMAX (Metro Africa Express) is on a mission to fix Africa’s notorious last-mile delivery and online-retail problems.
Lagos, NigeriaEarly Stage VentureJanuary 2026$31M16
12
Decagon
DecagonDecagon is a Nigerian based IT company that trains aspiring youths into world class software developers.
Lagos, NigeriaSeedAugust 2021$27M1
13
54Gene
54Gene54gene addresses the significant gap in the global genomics market; Nearly 90% of genetic material used in pharmaceutical research is Caucasian.
Lekki, NigeriaEarly Stage VentureSeptember 2021$25M18
14
OneWattSolar
OneWattSolarOneWattSolar is a Nigerian FinTech startup that delivers Tokenized Digital 24/7 Electricity.
Lekki, NigeriaFunding RoundJuly 2021$24M4
15
uLesson
uLessonAt uLesson, we are building an app to help African students be the very best they can be.
Jos, NigeriaEarly Stage VentureDecember 2021$23M6
16
Moniepoint
MoniepointMoniepoint provides a seamless platform to accept payments digitally, receive credit and access business management tools.
Lagos, NigeriaLate Stage VentureOctober 2025$20M23
17
Africa Health Holdings Limited
Africa Health Holdings LimitedAfrica Health Holdings Limited is building a high quality, effective and sustainable healthcare system for Africa.
Lagos, NigeriaConvertible NoteMay 2022$18M10
18
Agricorp
AgricorpAgricorp is a Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Africa.
Lagos, NigeriaEarly Stage VentureSeptember 2021$18M3
19
Mono
MonoMono is the easiest, fastest and better way to get access to your customers financial accounts.
Lagos, NigeriaEarly Stage VentureOctober 2021$17M18
20
Shuttlers
ShuttlersShuttlers is a platform that enables professionals access efficient shared-transportation in Lagos Metropolis of Nigeria
Lagos, NigeriaSeedApril 2023$16M13
21
Yellow Card
Yellow CardYellow Card Financial is a digital currency exchange for the cash market.
Lagos, NigeriaLate Stage VentureOctober 2024$15M28
22
Autochek
AutochekAutochek Africa is a Nigerian Automotive Technology startup that builds solutions aimed at enabling commerce within the automotive sector.
Lagos, NigeriaSeedOctober 2021$13M11
23
Nithio
NithioNithio is a venture-backed energy finance platform that provides services to stakeholders in the distributed solar sector in Africa.
Lagos, NigeriaDebt FinancingJanuary 2024$12M5
24
Renewvia Energy
Renewvia EnergyRenewvia Energy is an Africa-focused solar developer bringing clean, reliable power.
Lagos, NigeriaFunding RoundSeptember 2021$11M2
25
Alerzo
AlerzoAlerzo is a B2B e-commerce retail startup based in Ibadan, Nigeria.
Lagos, NigeriaEarly Stage VentureAugust 2021$11M4

Showing 25 of 25 companies