Top 25 Artificial Intelligence Startup Investors in Nigeria (October 2023)

Portfolio highlights

• Freename — Redefining Web3 Naming System. Web3 Registrar: custom TLDs and Domains
• LunarCrush — Smarter crypto, NFT, and stock investing with insights from millions of conversations happening across social.
• SuperSight — SuperSight (https://supersight.xyz/), a UK-based start-up, is building crypto-specific Large Language Models (LLMs) to revolutionise the way we interact with crypto data. With 420 million crypto users but only 30,000 able to code for onchain insights, SuperSight bridges the gap, enabling easy access to information from a range ofboth on-chain and off-chain sources like Discord, Telegram, Twitter, Mirror, Podcast Transcripts, and news sites. Beyond just collecting data, SuperSight uses AI to improve the search experience, making it personalised, accurate, and ultimately, more insightful.

Portfolio highlights

• CorralData — Experience the power of AI-generated metrics and insights with CorralData. Get one month free and seamlessly integrate with 200+ data sources with no upfront costs.
• Epoca — Epoca prepare the health solution of your dreams .
• Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.

Portfolio highlights

• Clafiya — Discover Clafiya: Your trusted digital health platform, uniting in-person care and virtual solutions for a personalized and caring healthcare experience. Embrace a healthier, happier you, with us by your side.
• Kunda Kids — Kunda Kids is helping kids around the world fall in love with reading through our storybooks and activity books. Browse our range of storybooks for kids. Perfect for kids ages 3 to 8 years
• ChekkitApp — Chekkit is a DAG blockchain powered anti-counterfeiting solution for food and drug supply chain tracking and customer insights platform. It helps producers protect their brands, track supply chain activities, and collect last-mile consumer insights in real-time.

Portfolio highlights

• CO2 AI — Empowering decision-makers to sustain our world via advanced software that shifts carbon emissions reduction from the theoretical to the impactful.
• UpSlide — Produce high-quality reports and presentations faster in PowerPoint, Excel and Word. Save up to 8h each month in just a few clicks!
• Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.

Portfolio highlights

• Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
• Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
• Fixit45 — Your best ever automobile service experience awaits you.

Portfolio highlights

• Mooch — Mooch is the last budgeting app you'll ever need. Mooch builds a budget for you based on your personal finances and lifestyle, then automates it every month so you don't have to think about it. The better you are at budgeting and saving money the more rewards you earn from Mooch.
• Magrathea — Magrathea Metals is a mining company that unlocks centuries of growth in human civilization by reducing the socioenvironmental impacts.
• Rubi Laboratories — Rubi Laboratories turns carbon emissions into carbon-negative textiles for the fashion industry, with a proprietary synthetic biology technology.

Portfolio highlights

• Famasi — Famasi is a digital health platform that helps people access their medications, schedule doorstep delivery, and automate monthly refills.
• Pennee — Pennee supports small businesses to grow with low interest loans and data optimization.
• Clafiya — Discover Clafiya: Your trusted digital health platform, uniting in-person care and virtual solutions for a personalized and caring healthcare experience. Embrace a healthier, happier you, with us by your side.

Portfolio highlights

• Craydel — Get Professional career guidance based on Psychometric Assessments and get scholarships to the best MBA, Engineering, Medical, Education online and on campus courses in Africa and Abroad.
• EMTECH — For Modern Central Banking
• Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.

Portfolio highlights

• Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy
• New/Mode — New/Mode is the multi-channel advocacy & civic engagement platform that organizations, campaigns & causes use to win. Join the New/Mode Community.

Portfolio highlights

• OnePipe — OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless.
• Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
• Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.

Portfolio highlights

• Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
• Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
• Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.

Portfolio highlights

• Vexi — Vexi issues, operates and processes credit cards for young underbanked population on a mission to make credit accessible, through a 100% digital onboarding and unparalleled customer experience
• SatSure — SatSure, they are on a mission to evolve crop insurance products and provide accurate risk assessment of crop yield by integrating climatic variables with geospatial and economic datasets.
• Altro (fka Perch) — Perch Credit (also known as Perch), is a fin-tech mobile app that allows users to take common recurring expenses, such as their subscriptions & rent, and turn these into creditworthy data points. Perch is currrently live on iOS and plans to be on Android in the coming months.Perch recently graduated YC (S20) and closed 2.5M in their mostrecent round.

Portfolio highlights

• FarmWise — FarmWise provides technology-based services that allow farmers to streamline farm operations and increase food production efficiency.
• Napigen — We are the genome editing company specialized for mitochondrial engineering. We address unmet needs of future food supplies by creating hybrid crop plants to boost their yields to an unprecedented level. The company’s technology creates robust male sterile lines that are ideal over conventional lines because of their stability and elitebackgrounds. This allows the production of non-GM hybrid seeds in crop plants that are currently mostly non-hybrid such as wheat. Our technology solution is expected to fulfill the highest level of public acceptance and aspiration.
• Muddy Machines — Muddy Machines is working on field robots to help farms manage labor-intensive crops by completing the fieldwork.

Portfolio highlights

• PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
• Suplyd — Suplyd is a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.
• Terraa — Terraa is a B2B distribution platform in Moroccan.

Portfolio highlights

• Gradia Health — Gradia is an integrated, concierge care platform designed for clinics to support patients with chronic conditions.
• Exponential Exchange — Exponential Exchange is designing contemporary commodities and brokered financial products.
• Stoke Space — STOKE Space Technologies seamlessly connecting earth and space.

Portfolio highlights

• ChekkitApp — Chekkit is a DAG blockchain powered anti-counterfeiting solution for food and drug supply chain tracking and customer insights platform. It helps producers protect their brands, track supply chain activities, and collect last-mile consumer insights in real-time.

Portfolio highlights

• Cledara — Manage, control and automate your Company's cloud software so that you can scale your operational processes, comply with regulations and save money.
• Northflank — Northflank is the comprehensive developer platform designed for scale. Seamlessly deploy and release any project on our cloud or in yours.
• Oyster — Hire, pay, manage, and take care of your globally distributed team with confidence. Try Oyster for free today!

Portfolio highlights

• AjoMoney — AjoMoney is making access to finance easy and flexible for the financially underserved individuals and SMEs willing to cover urgent needs, by digitizing the community financing rotating savings and credit association (ROSCA) model.With the AjoMoney technology-driven platform, individuals can save and access interest-free to low-interest credits,businesses can sell credit securely to customers who are saving with them under a cooperative model.
• Tyms Africa — Tyms is a financial management platform for businesses. Tyms Book is the ideal accounting solution for businesses interested in streamlining financial processes, facilitating collaboration, and optimizing workflows.
• Venco Platforms — VENCO automates visitor management, billing, and collections, as well as smart utility vending for communities across Africa.

Portfolio highlights

• Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
• Youverify — Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally.Youverify in partnership with over 20,000 field verification officersverifies physical addresses all over Sub-Sahara Africa in less than 48 hours.Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification.
• Lifestores Pharmacy — Lifestores is a retail pharmacy start-up bringing disruptive innovation to the pharmaceutical sector in Nigeria by democratizing quality medicines and pharmaceutical services.

Portfolio highlights

• Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy

Portfolio highlights

• Awesomic — Get matched with the best-fit designer on a fixed budget with no stress. Place a design task and see the first results on the next business day. Start today!
• Artifact — Artifact helps capture important memories with ease by creating personal podcasts with the people of customers choice.
• Superorder — The top off-premise operating system for restaurants. Focus on making the food that you love and we'll take care of the rest.

Portfolio highlights

• Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
• Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
• Norebase — Norebase knows that there's an opportunity to grow successful businesses in Africa. It also understands the complexities of the market, and so is using technology to make doing business in Africa worthwhile. With Norebase get to operate in Africa with no hassle and with minimum risk.

Portfolio highlights

• Terraa — Terraa is a B2B distribution platform in Moroccan.
• OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
• Revivo — Revivo is an online marketplace for electronics spare parts, tools & accessories.

Portfolio highlights

• Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy
• Ambrosia — Industrial/Organic is an organic waste solutions provider that offers infrastructure-as-a-service to waste industry. The company converts food scraps into high-value resources in a distributed facility model.
• Mercury — A complete financial stack to build your company. Scale with FDIC-insured bank accounts, debit and credit cards, and 3-click payment flows.

Portfolio highlights

• ChekkitApp — Chekkit is a DAG blockchain powered anti-counterfeiting solution for food and drug supply chain tracking and customer insights platform. It helps producers protect their brands, track supply chain activities, and collect last-mile consumer insights in real-time.