How much funding have Renewable Energy startups in Lagos raised?

Renewable Energy startups in Lagos have raised $986M across 108 disclosed rounds.

Who invests in Renewable Energy startups in Lagos?

All On has backed 7 of them, followed by FMO (5) and British International Investment (3). 144 investors have backed Renewable Energy startups in Lagos in total.

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Renewable Energy startups in Lagos

StartupList Africa tracks 24 Renewable Energy startups in Lagos, Nigeria, which have raised $986M across 108 disclosed rounds. 144 investors have backed them.

Companies: 24; in Lagos
Total raised: $986M; 108 rounds
Investors: 144; backed them

Updated 28 Oct 202624 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Renewable Energy startups in Lagos24

All 24 →

#	Startup	What they do	Last round	Raised	Team
1	KAMIM TechnologiesNigeria	Solar-powered cold storage, productive-use energy and solar EPC services for agriculture in Nigeria.	Grant	Not disclosed
2	Zola ElectricNigeria	Technology platform for distributed energy providers	Venture	$306M	1,001–5,000
3	LumosNigeria	Lumos is a Clean Energy company and a leading provider of high-quality solar home systems that is revolutionising the African market.	Debt Financing	$212M	201–500
4	Odyssey Energy SolutionsNigeria	Odyssey Energy Solutions streamlines financing and deployment of distributed renewable energy.	Debt Financing	$113M	51–200
5	Daystar PowerNigeria	Solar power and Energy efficiency solutions for businesses	Debt Financing	$89M	51–100
6	ARNERGYNigeria	Arnergy is a distributed utility leveraging on internet of things (IOT) in providing reliable solar power for businesses in emerging markets	Series B	$42M	11–50
7	NithioNigeria	Nithio is a climate fintech platform financing clean energy and electric mobility businesses across Africa.	Debt Financing	$36M	2–10
8	Starsight EnergyNigeria	Starsight Energy is a Nigerian independent energy efficiency startup delivering sustainable solar power and cooling services.	Debt Financing	$35M	51–200
9	OandoNigeria	Oando PLC is one of Africa’s largest integrated energy solutions providers with a proud heritage.	Secondary Market	$35M
10	Rensource EnergyNigeria	Rensource allows qualifying companies throughout Nigeria and West Africa to start selling Power-as-a-Service (PaaS) to their customers.	Venture	$27M	151–200
11	Darway CoastNigeria	Darway Coast delivers scalable clean energy to underserved Nigerian communities via mini-grid.	Debt Financing	$26M	51–200
12	Okra SolarNigeria	Okra Solar is a Pan-African Energ startup that enables solar generating communities to share and utilize more energy.	Debt Financing	$19M	11–50
13	KoolboksNigeria	Koolboks develops non-electric refrigeration systems and provides affordable cold storage options to companies all throughout Africa.	Debt Financing	$17M	2–10
14	Renewvia EnergyNigeria	Renewvia Energy is an Africa-focused solar developer bringing clean, reliable power.	Funding Round	$11M	11–50
15	Solar SisterNigeria	Solar Sister is a female-empowered startup focusing on the distribution of solar energy in developing countries	Funding Round	$5M	51–200
16	SHYFT Power SolutionsNigeria	SHYFT Power Solutions is a Nigerian IoT and data-driven software firm for distributed energy resource performance and operational efficiency.	Seed	$4M	2–10
17	SunFiNigeria	Access solar energy with ease through SunFi's flexible payment plans.	Investment (round not specified)	$2M	11–50
18	Salpha EnergyNigeria	Salpha Energy is a Nigerian clean energy startup focused on solar-powered solutions for off-grid communities.	Venture	$2M	51–200
19	Auxano SolarNigeria	Auxano Solar Nig. Limited is a renewable energy solution provider with high proficiency in the solar energy industry.	Funding Round	$2M	11–50
20	InfibranchesNigeria	Infibranches is a Nigerian company with expertise in Product Development, Business value chain and Agent Network Management Services.	Seed	$2M	11–50

SLA Startup Index · as of 28 Oct 2026 · raised is disclosed funding

Showing 1–20 of 24 · Open in the directory

Frequently asked about Renewable Energy in Lagos

How many Renewable Energy startups are there in Lagos?: StartupList Africa tracks 24 Renewable Energy startups in Lagos, Nigeria.
How much funding have Renewable Energy startups in Lagos raised?: Renewable Energy startups in Lagos have raised $986M across 108 disclosed rounds.
Who invests in Renewable Energy startups in Lagos?: All On has backed 7 of them, followed by FMO (5) and British International Investment (3). 144 investors have backed Renewable Energy startups in Lagos in total.

Cite this page

StartupList Africa, “Renewable Energy startups in Lagos”, updated 28 Oct 2026.

startuplist.africa/location/lagos/industries/renewable-energy