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HomeListsTop Funded Nigeria Startups of 2023
Startup List
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Updated Feb 16, 2026

Top Funded Nigeria Startups of 2023

Ranked by total funding announced in 2023 (USD).

S
Curated by StartupList Africa
Total Funding
$460M
Avg Valuation
$0
Companies
25
Investors
335

Market Map

25 companies in this list

RankCompanyHQ LocationStageLast RoundTotal FundingBackers
1
Husk Power Systems
Husk Power SystemsHusk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources
Abuja, NigeriaDebt FinancingMay 2025$104M16
2
Moove
MooveMoove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa.
Lagos, NigeriaEarly Stage VentureMarch 2024$84M26
3
Sabi
SabiSabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets.
Lagos, NigeriaEarly Stage VentureMay 2023$38M11
4
Lemonade Finance
Lemonade FinanceLemonade Finance is a Nigerian multi-currency payments solution.
Lagos, NigeriaEarly Stage VentureJanuary 2025$33M11
5
Helium Health
Helium HealthHelium Health is accelerating Africa's transition to a technology and data-driven healthcare system
Lagos, NigeriaEarly Stage VentureJune 2023$30M27
6
Kudi
KudiKudi is making financial services accessible and affordable for all Africans.
Lagos, NigeriaEarly Stage VentureMay 2023$30M8
7
Smile Identity
Smile IdentitySmile Identity is an Africa-focused Identity Management that provides the best Africa-focused solutions.
Lagos, NigeriaCorporateSeptember 2025$20M22
8
Okra Solar
Okra SolarOkra Solar is a Pan-African Energ startup that enables solar generating communities to share and utilize more energy.
Lagos, NigeriaEarly Stage VentureSeptember 2023$17M11
9
Odyssey Energy Solutions
Odyssey Energy SolutionsOdyssey Energy Solutions streamlines financing and deployment of distributed renewable energy.
Lagos, NigeriaDebt FinancingSeptember 2025$15M13
10
WATT
WATTWATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation.
Abuja, NigeriaVentureOctober 2023$13M1
11
Remedial Health
Remedial HealthRemedial Health is a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient
Lagos, NigeriaDebt FinancingAugust 2023$12M17
12
Terragon
TerragonTerragon Group is a data & marketing technology company focused on helping brands intelligently connect with Africans.
Nguru, NigeriaEarly Stage VentureJuly 2023$9M6
13
Field
FieldField is a Healthtech supply chain company that accelerates emerging therapies and health technologies across the continent
Abuja, NigeriaGrantSeptember 2024$7M7
14
Traction
TractionTraction Apps is a one stop platform for small businesses to accept payments, run their businesses and access capital for growth.
Ikoyi, NigeriaSeedAugust 2023$6M12
15
Axmed
AxmedAxmed accelerates access to high-quality and affordable medicines through business and technology innovation.
Lagos, NigeriaEarly StageFebruary 2026$5M2
16
OnePipe
OnePipeOnePipe is a single gateway, for all financial services
Ikeja, NigeriaDebt FinancingMarch 2023$5M26
17
Zuvy
ZuvyZuvy provides software for vendors and their buyers to settle invoices and manage payment schedules.
Lagos, NigeriaSeedJuly 2023$5M5
18
Rwazi
RwaziRwazi is a consumer-trained AI platform redefining how global brands make decisions
Lagos, NigeriaEarly Stage VentureJuly 2025$4M6
19
Shuttlers
ShuttlersShuttlers is a platform that enables professionals access efficient shared-transportation in Lagos Metropolis of Nigeria
Lagos, NigeriaSeedApril 2023$4M13
20
Eze
EzeEze is a B2B wholesale marketplace for smartphones, laptops, tablets, and other electronics.
Lagos, NigeriaSeedJune 2023$4M9
21
Termii
TermiiTermii helps businesses in Africa use messaging channels to verify and communicate with customers
Lagos, NigeriaSeedJune 2023$4M28
22
Releaf
ReleafReleaf is a Nigerian AgriTech startup which Manufactures agricultural machinery intended to help African food factories operate more efficiently.
Uyo, NigeriaGrowthApril 2025$4M17
23
Payday
PaydayPayday is a Nigerian fintech startup which to enable swifts global payments for Africans.
Lagos, NigeriaSeedMarch 2023$3M36
24
Tespire
TespireTespire provides solutions to empower schools, administrators, teachers, parents and students to achieve excellence
Abuja, NigeriaDebt FinancingMay 2025$3M2
25
Haul247
Haul247Haul247 is technology platform (PaaS) that connects companies to haulage and warehousing services.
Lagos, NigeriaDebt FinancingJune 2023$3M3

Showing 25 of 25 companies