Top 15 Digital Media VC (Venture Capital) Funds in Nigeria in October 2023

Portfolio highlights

• Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
• Anchor — Anchor is a Lagos-based banking-as-a-service platform for African businesses. Anchor provides APIs and infrastructure to build, embed and launch powerful financial products in a secure and scalable way.
• Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.

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

• 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

• Flex Finance — Flex Finance is a simple, accessible mobile platform that allows SMEs manage and track their expenses, with little-to-no financial knowledge required. Using our inbuilt AI, business owners also receive insights that help them stop waste, save money and make smarter spending decisions. Flex is committed to enabling more SMEs make it past their thirdbirthday, so they can continue to provide the income and jobs that sustain the vast majority of Nigerians.
• Super Seguros — Super Seguros is an insurance company that developed radical insurance products. The company's automated assessment technology allows its users to buy a policy today and covered tomorrow. It was founded in 2019 and headquartered in Mexico City, Distrito Federal.
• Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.

Portfolio highlights

• Juno Medical — Juno Medical offers comprehensive, modern healthcare services for the whole family. Transparent pricing, inclusive and welcoming atmosphere. Learn more.
• Teal Health — Teal Health is on a mission to empower women when it comes to their health – starting with at-home cervical cancer screenings. We believe that it’s time for women’s health to be designed for women, their preferences, and their experiences. With this in mind, Teal Health is creating the first FDA-approved at-home cervical cancer screening makingit simple for a woman to stay current on this life-saving screening from the comfort, convenience, and privacy of her home. Through timely screenings, Teal health plans to eradicate cervical cancer in the US.Teal is backed by passionate and committed investors who share this important vision, including Felicis Ventures, Emerson Collective, Metrodora, and Serena Ventures.
• SoLo Funds — SoLo is a community that allows members to easily access and supply short-term funds for immediate needs. Our community works together to create mutually beneficial outcomes where members can both improve their financial health.

Portfolio highlights

• Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
• Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
• Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.

Portfolio highlights

• Sabipay — Pastel is a leader in Artificial Intelligence. We build products targeted at individuals (SwiftMoney) and enterprises (Sigma) in emerging markets
• Talstack — Talstack is an all-in-one platform for employee growth and development
• 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

• Merge — Startup Funding | Investment Opportunities | Merge App
• Big Cabal Media — Big Cabal Media is a Nigerian digital media company making amazing content loved by young and passionate Africans everywhere
• Ubawa Technologies — A payment processing platform that helps social media entrepreneurs accept payments and increase their customer conversion and retention rate with our conversational AI chat bot.

Portfolio highlights

• Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
• Muqbis — As the word Muqbis means, our main job is to connect talented hands and home based businesses to their targeted customers and support them to grow their businesses hassle free. On the other hand Muqbis opens a wide market to support customers find “the made with love home products and services” they look for and compare varieties, prices and findnearby providers. In Muqbis we believe that world is changing, life patterns are changing and for sure work styles are changing and we are here for it.
• ​Messenger — Messenger is a one-stop logistics platform that finances and aggregates end-to-end logistics and supply chain operations in order to assist businesses and logistics asset owners in achieving an efficient supply chain framework.

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

• 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

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

Portfolio highlights

• Instanda — Digital insurance solution that enables carriers, brokers, and MGAs to design, build and launch insurance products. Learn more.
• Index Coop — Index Coop builds decentralized and exchange traded (ETF) crypto index funds based on web3 product themes. Buy & build your crypto assets investment portfolio with us today
• Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.

Portfolio highlights

• Shuttlers — Shuttlers is a platform that offers mobility solutions by providing scheduled bus-sharing services for the professionals within the region.
• Snowstorm — Snowflake is decentralized and is deployed as a pluggable transport for Tor.
• Senga Technologies — Welcome to Senga, custom-built, with love, for businesses shipping in Africa.

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.