Startups That Raised Funding in Lagos

Africa Finance Corporation

Location: Lagos, Nigeria

Website: africafc.org

Funding: Raises Record US$2 Billion

Date: 21 days ago

Africa Finance Corporation is a Lagos-based multilateral development finance institution providing project finance, advisory, and asset management services to catalyze high-impact infrastructure, industrial, and natural resource projects across Africa.

Africa Finance Corporation

Location: Lagos, Nigeria

Website: africafc.org

Funding: raises record US$2 billion

Date: 22 days ago

Africa Finance Corporation is a leading infrastructure solutions provider offering financing and advisory services for energy, transport, and industrial projects across Africa, driving sustainable economic development on the continent.

Africa Finance Corporation

Location: Lagos, Nigeria

Website: africafc.org

Funding: Raises Record US$2 Billion

Date: 22 days ago

Africa Finance Corporation is a Lagos-based development finance institution that provides debt, equity, and structured financing for infrastructure and industrial projects across Africa to drive sustainable economic growth.

Africa Finance Corporation

Location: -

Funding: raises record $2 billion

Date: 22 days ago

Africa Finance Corporation is a pan-African multilateral development finance institution providing debt financing for infrastructure and industrial projects to drive economic growth across Africa.

Dangote Industries Limited

Location: Lagos, Nigeria

Website: dangote.com

Funding: raises investment to $4bn

Date: 40 days ago

Dangote Industries Limited is a Nigerian industrial company developing and operating large-scale urea and other fertilizer plants to supply essential agricultural inputs across Africa.

Swoop

Location: Lagos, Nigeria

Website: swoop.com.ng

Funding: Raises $7.3M

Date: 61 days ago

Swoop is a Lagos-based African super app startup that launched with on-demand food delivery and has secured $7.3M in seed funding to expand its platform into additional digital services across the continent.

Dangote Petroleum Refinery and Petrochemicals FZE

Location: Lekki Free Zone, Lagos, Nigeria

Website: dangote.com

Funding: secures $2.5bn

Date: 87 days ago

Dangote Petroleum Refinery and Petrochemicals FZE operates a large integrated petroleum refinery and petrochemical complex in Lekki Free Zone, Lagos, processing crude oil into refined fuels and chemical products for domestic and international markets.

Dangote Petroleum Refinery and Petrochemicals

Location: Lagos, Nigeria

Website: dangote.com

Funding: secures $2.5 billion

Date: 87 days ago

Dangote Petroleum Refinery and Petrochemicals operates one of Africa’s largest integrated oil refineries and petrochemical complexes in Lagos, Nigeria, producing refined petroleum products and chemicals to meet domestic and regional demand.

Dangote Petroleum Refinery and Petrochemicals FZE

Location: Lagos, Nigeria

Funding: secures $2.5bn

Date: 87 days ago

Dangote Petroleum Refinery and Petrochemicals FZE is a large-scale petroleum refining and petrochemicals company based in Lagos, Nigeria, producing refined oil products and petrochemicals for domestic and regional markets.

Appzone

Location: Nigeria

Website: appzonegroup.com

Funding: raises $10m

Date: 142 days ago

Appzone is a Nigeria-based fintech software provider that develops proprietary banking and payments solutions, offering a financial operating system to banks and enterprises across Africa.

Metro Africa Xpress (MAX)

Location: Nigeria

Funding: Raises $24m

Date: 160 days ago

Metro Africa Xpress (MAX) is a Lagos-based mobility financing company that offers tailored equity and debt solutions to power the adoption of electric motorcycles and other electric vehicles across Africa. The company enables drivers and delivery operators to access affordable electric mobility and build sustainable transportation businesses.

Metro Africa Xpress

Location: Nigeria

Funding: raises $24 m

Date: 161 days ago

Metro Africa Xpress (MAX) is a Nigerian mobility financing startup that provides asset-backed loans to help individuals and businesses acquire vehicles, with a growing focus on supporting the transition to electric mobility across West and Central Africa.

Remedial Health

Location: Lagos, Nigeria

Funding: secures $1m

Date: 181 days ago

Remedial Health is a Lagos-based healthtech startup that develops digital procurement and patient medication record platforms to enhance efficiency and transparency in Africa’s pharmaceutical sector.

CardinalStone Capital Advisers

Location: Lagos, Nigeria

Funding: Secures $15m

Date: 184 days ago

CardinalStone Capital Advisers is a Lagos-based private equity firm managing mid-market growth funds such as CardinalStone Growth Fund II to provide up to $15 million from IFC for fast-growing small and medium-sized enterprises across Nigeria, Ghana and francophone West Africa, with a focus on consumer goods, healthcare, agribusiness and industrials.

Dangote Refinery

Location: Lagos, Nigeria

Funding: Raise $5bn

Date: 242 days ago

Dangote Refinery, part of the Dangote Group, is constructing the world’s largest oil refinery in Lagos, Nigeria, to process large volumes of crude oil for domestic fuel supply, reducing reliance on imports and bolstering local energy security.

Social Enterprise Fund for Agriculture in Africa (SEFAA)

Location: -

Funding: secures $10m

Date: 310 days ago

The Social Enterprise Fund for Agriculture in Africa (SEFAA) is an impact investment fund managed by Sahel Capital that provides financing to agri-SMEs across Africa to strengthen agricultural ecosystems and support smallholder farmers.

Chowdeck

Location: Lagos, Nigeria

Funding: Secures $9M

Date: 319 days ago

Chowdeck is a Lagos-based quick commerce food delivery startup providing rapid meal and grocery delivery, recently raising $9M in Series A funding to expand operations in Nigeria and Ghana.

Chowdeck

Location: Lagos, Nigeria

Funding: Secures US$9M

Date: 319 days ago

Chowdeck is a Lagos-based food technology startup that provides restaurants with an online ordering platform and integrated logistics network to streamline food delivery across Nigeria and Ghana.

Chowdeck

Location: Lagos, Nigeria

Funding: raises $9 m

Date: 319 days ago

Chowdeck is a Lagos-based food delivery and quick commerce platform offering ultra-fast delivery of food, groceries, and essentials across Nigeria and Ghana, leveraging deep local market knowledge and disciplined execution.

Chowdeck

Location: Lagos, Nigeria

Website: chowdeck.com

Funding: lands $9M

Date: 319 days ago

Chowdeck is a Lagos-based on-demand food delivery startup that provides quick commerce services for meals and groceries, maintaining profitability in a low-margin market. It recently raised $9 million in Series A funding to expand into new cities across Nigeria and Ghana.

Dangote Industries Limited

Location: Lagos, Nigeria

Website: dangote.com

Funding: secures US$1.35bn

Date: 322 days ago

Dangote Industries Limited is a Nigerian industrial conglomerate that operates one of the world’s largest single-train oil refineries and produces refined petroleum products alongside other manufactured goods to supply African markets.

Autochek

Location: Lagos, Nigeria

Funding: secures $13.1m

Date: 323 days ago

Autochek is a Lagos-based automotive fintech platform that digitizes the car buying, financing, and after-sales process, offering an online marketplace and financial services for vehicle acquisition across Africa.

Dangote Industries Limited

Location: Lekki Free Zone, Ibeju Lekki, Lagos, Nigeria

Website: dangote.com

Funding: secures landmark US$4bn

Date: 325 days ago

Dangote Industries Limited is a Nigerian conglomerate operating one of Africa’s largest oil refineries in Lekki Free Zone, Lagos, supplying refined petroleum products that bolster Nigeria’s transport economy and reduce import dependence.

Dangote Petroleum Refinery

Location: Nigeria

Website: dangote.com

Funding: secures $4bn

Date: 326 days ago

Dangote Petroleum Refinery operates one of the world’s largest single-train petroleum refineries in Lekki, Lagos, with a capacity to process 650,000 barrels of crude oil per day into fuels and petrochemicals for domestic and international markets.

Platos Health

Location: Lagos, Nigeria

Website: platoshealth.com

Funding: Raises $1.4M

Date: 413 days ago

Platos Health is a Nigerian health-tech startup providing an AI-powered preventive health platform called Platos Monitor, aimed at making proactive healthcare more accessible throughout Nigeria and beyond.

Platos Health

Location: Lagos, Nigeria

Website: platosmonitor.com

Funding: raises $1.4 m

Date: 415 days ago

Platos Health is a health-tech startup offering an AI-driven platform that enables users to monitor body fat and various health metrics remotely. Its medical-grade hardware device, Platos Body Mon, facilitates comfortable and accurate metabolic health tracking at home.