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Top 25 Food and Beverage VC Funds & Investors in Nigeria (May 2026)

The most active venture capital funds investing in Nigeria Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria Food and Beverage startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Kube VC
VC Fund
3 United States, India, United Kingdom Seed, Series A, Pre-Seed FinTech, Financial Services, Software $50k–$18M
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $77k–$40M
Hack VC
VC Fund
2 United States, Singapore, Israel Seed, Series A, Pre-Seed Software, Cryptocurrency, Blockchain $850k–$30M
Cox Enterprises
VC Fund
2 United States, Belgium, Nigeria Seed, Series A, Series C Software, Information Technology, Health Care $100k–$55M
Samata Capital
VC Fund
1 Kenya, Nigeria Seed, Series A Beauty, Retail, Consumer
SVG Ventures
VC Fund
1 United States, Canada, Ireland Pre-Seed, Seed AgTech, Agriculture, Farming $75k–$5.7M
Alitheia IDF
VC Fund
1 Ghana, Nigeria, South Africa Seed, Series A, Series B Logistics, Retail, Internet $3M–$13M
Microsoft
VC Fund
1 United States, United Kingdom, India Grant, Seed Software, Information Technology, Internet $1k–$5M
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, Financial Services $1M–$54M
Liquid 2 Ventures
VC Fund
1 United States, Mexico, Canada Seed, Series A, Pre-Seed Software, Information Technology, FinTech $1M–$50M
VentureSouq
VC Fund
1 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
Jun Capital
VC Fund
1 China, Switzerland, Estonia Seed, Series A, Pre-Seed Blockchain, Software, Information Technology $1.5M–$30M
Ajayi Solutions
VC Fund
1 Nigeria Seed Farming, Agriculture, Food Processing
Kale United
VC Fund
1 United Kingdom, Sweden, India Seed, Pre-Seed Food and Beverage, Food Processing, Biotechnology $100k–$1.4M
Global Founders Capital
VC Fund
1 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $725k–$30M
Holland George Capital Management
VC Fund
1 United States, Canada, Nigeria Seed, Series A, Series C Financial Services, FinTech, Finance
Ampifi VC
VC Fund
1 Nigeria Seed Payments, Software, Ride Sharing
EchoVC Partners
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, E-Commerce, Software $200k–$30M
Sustainable Food Ventures
VC Fund
1 United States, India, Germany Pre-Seed, Seed, Angel Food and Beverage, Biotechnology, Food Processing $100k–$4M
Flying Doctors Healthcare Investment Company
VC Fund
1 Nigeria Series A Food Processing, Food and Beverage
Aruwa Capital
VC Fund
1 Nigeria, United States, France Seed, Series A FinTech, Big Data, Financial Services $1.7M–$3M
Winsten Ltd
VC Fund
1 Nigeria Pre-Seed Delivery, Logistics, Mobile Apps
AU21 Capital
VC Fund
1 Singapore, United States, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $1.2M–$14M
Soma Capital
VC Fund
1 United States, India, Mexico Seed, Pre-Seed, Series A Software, FinTech, Financial Services $150k–$22M
Capital V
VC Fund
1 Nigeria, United States, India Pre-Seed, Seed Food and Beverage, FinTech, Organic Food $100k–$13M
Access all 26 VC funds in Nigeria Food and Beverage startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Kube VC
VC Fund · 3 investments in Nigeria Food and Beverage startups

Kube VC is a global venture capital firm that invests in exceptional founders and category-defining companies.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 95
  • Round size: Seed $500k–$6.1M; Pre-Seed $50k–$2.1M; Series A $3M–$18M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Entre — Entrepreneur, Entrepreneur Network, Entrepreneur Community, Startup network, startup community, Creator Economy, Creator Community, Freelancers, Venture Capitalists, Angel Investors, Start a business, How to start a business, Startup jobs, Startup events, Cofounder, Find a cofounder, Find a mentor, Find an Investor, meet entrepreneurs, host virtual event, host virtual meeting, entrepreneur events, tech events, entrepreneurship, find gigs, freelancing jobs, online business
  • Soptle — Founded in Sep 2021, Soptle started to establish an integrated technology to the neglected regional FMCG Manufacturers in India with a B2B Retail Commmerce App. It uses tech and data to distribute at scale and use necessary components (existing Distributor/Wholesaler) in the FMCG Supply Chain to build a high growth and profitable business.
  • Cloudbankin — Habile offers a complete spectrum of web solutions, software development and services. Habile provides innovative solutions through research. We have always put the customer in front on all considerations. Technology, Thought and Thorough Research are our key to success. We bring with us over 25 man years of experience in the Software industrywith wide expertise on Retail, Tax, Educational and Banking & Finance domains. We also compliment our technology offerings with strong graphics/GUI design capabilities, QA / QC teams and strong project management capabilities. We understand the customers more as we follow a customer centric approach. We focus on quality and this has always been striking force our development
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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in Nigeria Food and Beverage startups, 35 in the past 12 months

Hustle Fund is a seed fund that seeks to invest in early-stage startups operating in software, business to business, fintech, and digital health sectors.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 205
  • Round size: Seed $958k–$5.4M; Pre-Seed $77k–$1.5M; Series A $2.1M–$40M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Deskree — Generate a complete and scalable back-end infrastructure with tons of features via a web interface. Infinitely scalable & truly independent.
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • Series — Series provides full-stack enterprise financial services designed for institutions & enterprises.
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Hack VC
VC Fund · San Francisco, California, United States · 2 investments in Nigeria Food and Beverage startups, 22 in the past 12 months

Hack VC is an early-stage venture capital firm that invests in the cryptocurrency, fintech, and marketplaces sectors. The company was founded in 2017 and is headquartered in San Francisco, California, United States.

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Investment focus

  • Industry: Software, Cryptocurrency, Blockchain
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Singapore, Israel

Investor stats

  • Total investments: 141
  • Round size: Seed $2M–$10M; Pre-Seed $850k–$2.7M; Series A $5M–$30M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $200M in 2022

Portfolio highlights

  • GRVT — Trade on the next-gen hybrid derivatives exchange 100% self-custody. 0% counterparty risk. Traditional finance meets the power of blockchain.
  • Fhenix — End-to-End Encrypted Web3 Fhenix is the first blockchain powered by fully homomorphic encryption to bring Computation Over Encrypted Data to EVM smart contracts Join us Learn more A new, encrypted web is waiting for you Truly functional markets require end-to-end encryption. Fhenix rises to the challenge by unlocking unprecedented encryption capabilities in the public blockchain
  • Florida Street — PIXEL GG INC.
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Cox Enterprises
VC Fund · Atlanta, Georgia, United States · 2 investments in Nigeria Food and Beverage startups, 8 in the past 12 months

Empower to build. The story of Cox Enterprises is one of hard work, respect for employees, entrepreneurship and making bold decisions.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Series C
  • Geography: United States, Belgium, Nigeria

Investor stats

  • Total investments: 59
  • Round size: Seed $100k–$3.4M; Series A $4.3M–$27M; Series C $27M–$55M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Axios HQ — Axios HQ is AI-powered communication software that helps organizations in management information systems.
  • Wheels Up — Wheels Up is a membership-based private aviation company that focuses on reducing the upfront cost to fly privately, providing flexibility, service, and safety. Its mobile app enables members to book flights, manage their accounts, and participate in ride-share opportunities. Its members also have given access to the Wheels Down program.
  • Bending Spoons — Bending Spoons is a fast-growing tech company focused on building and marketing mobile applications. Despite being such a young company, we've already achieved notable results, with tens of millions of downloads of our apps, and millions of users active every month. Our goal? Becoming the #1 app developer and publisher in the world. And ourambitions don't end there!We invest immensely in our team, and we couldn't be more proud of each other. We are a group of extremely young, talented, and ambitious software engineers, data scientists, and graphic designers, with among our ranks entrepreneurs that raised money from prestigious VCs, ex-CERN, ex-Google, and ex-McKinsey. We work from our amazing headquarters in Milan, but also support remote work.We're always on the lookout for people that want to be part of our über-challenging journey to build one of the greatest tech companies in the world. If that sounds exciting to you, don't hesitate to apply at http://bendingspoons.com/careers.html.
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Samata Capital
VC Fund · 1 investments in Nigeria Food and Beverage startups

CREATING a More Inclusive Future Samata Capital accelerates equal access to capital and opportunity for talented entrepreneurs in emerging markets. We inten ...

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ReelFruit — On a mission to inspire delightfulness by offering the tastiest snacks in town.
  • Uncover — Experience nourishing and rejuvenating Uncover Skincare products in Kenya. Made just for you, using the finest ingredients to offer innovative & effective solutions.
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SVG Ventures
VC Fund · Los Gatos, California, United States · 1 investments in Nigeria Food and Beverage startups

We work with leading corporations, startups, universities, and growers to solve the biggest challenges facing the agtech and foodtech industries.

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Investment focus

  • Industry: AgTech, Agriculture, Farming
  • Stage:Pre-Seed, Seed
  • Geography: United States, Canada, Ireland

Investor stats

  • Total investments: 91
  • Round size: Seed $100k–$5.7M; Pre-Seed $75k–$100k
  • Lead/follow: 43% lead, 57% follow

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.
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Alitheia IDF
VC Fund · Moka, Moka, Mauritius · 1 investments in Nigeria Food and Beverage startups

Alitheia IDF is investing in dynamic and growing businesses throughout Africa. By investing in teams that recognize the importance of gender diversity the firm generates superior financial returns and impact.

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Investment focus

  • Industry: Logistics, Retail, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Ghana, Nigeria, South Africa

Investor stats

  • Total investments: 4
  • Round size: Seed $3M–$13M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • ReelFruit — On a mission to inspire delightfulness by offering the tastiest snacks in town.
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
  • Jetstream Africa — Jetstream is a supply chain platform that powers freight forwarding and global exports for African suppliers. With tracking and consolidated (LCL) shipping Jetstream levels the playing field for access to international trade for African SMEs with the click of a button.
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Microsoft
VC Fund · Redmond, Washington, United States · 1 investments in Nigeria Food and Beverage startups, 23 in the past 12 months

Microsoft is an American multinational corporation that develops, manufactures, licenses, supports, and sells a range of software products and services.Microsoft’s devices and consumer (D&C) licensing segment licenses the Windows operating system and related software, Microsoft Office for consumers, and the Windows Phone operating system. Thecompany’s computing and gaming hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories. Its phone hardware segment offers Lumia smartphones and other non-Lumia phones. Its D&C other segment provides Windows Store, Xbox Live transactions, and Windows phone store; search advertising; display advertising; Office 365 Home and Office 365 Personal; first-party video games; and other consumer products and services as well as operating retail stores.Microsoft’s commercial licensing segments licenses server products, including Windows Server, Microsoft SQL Server, Visual Studio, System Center, and related Client Access Licenses (CALs); Windows Embedded; Windows operating system; Microsoft Office for business, including Office, Exchange, SharePoint, Lync, and related CALs; Microsoft Dynamics business solutions; and Skype. Its commercial other segment offers enterprise services, including premier support services and Microsoft consulting services; commercial cloud comprising Office 365 Commercial, other Microsoft Office online offerings, Dynamics CRM Online, and Microsoft Azure; and other commercial products and online services.The company markets and distributes its products through original equipment manufacturers, distributors, and resellers, as well as online. Microsoft Corporation was founded by Bill Gates and Paul Allen in 1974. It is based in Redmond, Washington.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Grant, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 158
  • Round size: Seed $1k–$1.5M; Grant $11k–$5M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • AdMob — Earn more from your mobile apps using in-app ads to generate revenue, gain actionable insights, and grow your app with easy-to-use tools.
  • Efhtight — Secret to way company of Efhtight
  • Inflection AI — We are an AI studio creating a personal AI for everyone.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Nigeria Food and Beverage startups, 29 in the past 12 months

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 432
  • Round size: Seed $1M–$5.6M; Series A $2.5M–$25M; Series B $8M–$54M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2022

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.
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Liquid 2 Ventures
VC Fund · San Francisco, California, United States · 1 investments in Nigeria Food and Beverage startups, 29 in the past 12 months

Liquid2 Ventures provides technology startups with seed-stage investments and is based in San Francisco, California. The firm was founded in 2015 by Joe Montana, Mike Miller, and Michael Ma.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Mexico, Canada

Investor stats

  • Total investments: 273
  • Round size: Seed $1.5M–$6M; Pre-Seed $1M–$6.4M; Series A $4.7M–$50M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Topkey — Topkey is an app that tracks expenses by property, sync transactions across systems, and save tons of money on bookkeeping. Topkey was founded in 2020 and was headquartered in San Francisco, USA.
  • KittyCAD — Infrastructure for hardware design tools.
  • Parcha AI — Parcha is an AI-powered enterprise software that enables businesses to automate their scale compliance and operations.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Nigeria Food and Beverage startups

VentureSouq operates a large co-investment platform with a global investment portfolio.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 139
  • Round size: Seed $250k–$6.5M; Series A $6M–$30M; Series B $5M–$50M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • D3 — D3 - DNS Domains for Web3
  • Silkhaus — A seamless, sophisticated experience you can rely on. Choose from the wide variety of furnished Boutique Flats and apartments for short and long-term stays from Silkhaus.
  • Metriport — Metriport helps digital health companies access and manage patient health and medical data, through an open-source and universal API.
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Jun Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Nigeria Food and Beverage startups

Jun Capital is committed to professional investment management service. With virtue of rich investment management expertise and solid expertise of the core team, They ensure the most professional investment management process.With the investment management team of JUN Capital as the core, they select the most professional partners in differentcircles to provide investors with professional investment advice and management service.

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Investment focus

  • Industry: Blockchain, Software, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: China, Switzerland, Estonia

Investor stats

  • Total investments: 12
  • Round size: Seed $1.5M–$30M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Yilinyun — Yilinyun is a medical and life-tech firm providing an integrated cloud SaaS platform for clinical evidence to improve R&D in drugs listing.
  • Aleph Zero — Discover Aleph Zero, a non-profit organization dedicated to advancing the adoption and development of decentralized technologies. Learn about our mission to create a secure blockchain ecosystem and develop secure smart contracts that power the decentralized world.
  • Goons of Balatroon — A 2D/3D hybrid metaverse featuring Free 2 Play 2 Earn card strategy gaming and land ownership. Ridiculous. Chaotic. Fun. Play for free and earn!
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Ajayi Solutions
VC Fund · 1 investments in Nigeria Food and Beverage startups

Ajayi Solutions seeks to participate in the development of the local economy in regions across Africa by investing in small to large scale privately-held businesses. The ratification of the Africa Continental Free Trade Agreement [AfCFTA] has opened a new chapter in trade across Africa and we seek to participate. We seek to invest in promisingentrepreneurs who create tech-enabled solutions to enable local production in Africa as well as facilitate intra- and inter-continental trade.

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Investment focus

  • Industry: Farming, Agriculture, Food Processing
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Farmcrowdy — Farmcrowdy is an agric-tech platform that gives Nigerians the opportunity to participate in Agriculture by selecting the kind of farms they want to sponsor. They use the sponsor’s funds to secure the land, engage the farmer, plant the seeds, insure the farmers and farm produce, complete the full farming cycle, sell the harvest and then pay the farmsponsor a return on their sponsorship. While this farm process is ongoing, the farm sponsors are able to keep track of the full-cycle by getting updates in text, pictures and videos.
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Kale United
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Nigeria Food and Beverage startups

Kale United offers a portfolio of over 75+ plant-based game changers

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Investment focus

  • Industry: Food and Beverage, Food Processing, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Sweden, India

Investor stats

  • Total investments: 20
  • Round size: Seed $330k–$1.4M; Pre-Seed $100k–$945k
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Loki Foods — We're producing sustainable, plant-based foods from the Arctic. Iceland’s first plant-based cod and seafood!
  • THE PACK — Nutritionally complete vegan dog food. Grain-free & developed with food scientists & animal nutritionists, try our delicious vegan dog food now.
  • Swedish Temptations — Swedish Temptations, founded in 2019 by CEO Pia Qvarnström, built a brand named Bärta for producing organic, vegan and fermented food. The ingredients include Swedish split peas.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Nigeria Food and Beverage startups, 36 in the past 12 months

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 751
  • Round size: Seed $1.1M–$7.2M; Pre-Seed $725k–$5M; Series A $3.3M–$30M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Momento — Momento is an insurtech company with the objective of revolutionizing the insurance industry in Latin America, starting with car insurance. We want to make insurance easy and accessible for the underserved population in LATAM.
  • Equilibrium Energy — Equilibrium Energy operates at the intersection of grid variability, market volatility, economic optimization, commercial structuring, trading, and risk management, across the end-to-end power value chain. Their ambition is to become a next-generation clean power company that reshapes the energy industry. They address inquiries through onlineapplications.
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Holland George Capital Management
VC Fund · New York, New York, United States · 1 investments in Nigeria Food and Beverage startups

Holland George Capital Management is an investment company. It is located in New York and London

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A, Series C
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 12
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yummy — Superapp of Venezuela & Quick Commerce for LATAM
  • Varo Money — Get access to personal banking services including no monthly fee checking, high-yield savings, cash advances up to $250 and more with Varo Bank.
  • Airlift Technologies — Founded in 2019, Airlift is on a mission to build a world of self-empowerment using technology-backed logistics solutions that enable safe, reliable and affordable access to necessities. Airlift scaled Pakistan's largest decentralized transportation network to change the way people move, shifting away from private vehicles towards sharedmobility and affordable mass transport. In 2020, Airlift diversified into last-mile delivery through Airlift Express, delivering essentials across households in 30 minutes across Lahore, Karachi, Islamabad and Rawalpindi. Airlift Express spans across food supplies, household supplies, pharmacy, stationery, pet food, fresh fruits and vegetables, small electronics and more. On this mission to enable self-empowerment in the region, Airlift is backed by First Round Capital and has recently raised over $24m in financing.
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Ampifi VC
VC Fund · 1 investments in Nigeria Food and Beverage startups

Amplifi was formed by a group of early crypto adopters turned private investors. We have a strong belief in the long-term survival of blockchain ecosystem, which is set to disrupt the world as we know it.

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Investment focus

  • Industry: Payments, Software, Ride Sharing
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • XEND — Backed by Binance and Google Launchpad, Xend Finance is a global crypto bank offering up to 15% interest, with an open Web3 infrastructure for developers.
  • Xend Finance — Backed by Binance and Google Launchpad, Xend Finance is a global crypto bank offering up to 15% interest, with an open Web3 infrastructure for developers.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Food and Beverage startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

  • Industry: Information Technology, E-Commerce, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 47
  • Round size: Seed $200k–$4M; Pre-Seed $400k–$1.6M; Series A $4.3M–$30M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $8M in 2023

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.
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Sustainable Food Ventures
VC Fund · Raleigh, North Carolina, United States · 1 investments in Nigeria Food and Beverage startups

SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 32
  • Round size: Seed $845k–$4M; Pre-Seed $100k–$2.1M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Farmless — A farmless fermentation platform has the potential to create an entirely new food repertoire, producing proteins, carbohydrates, beneficial fats, vitamins, and minerals from the ground up," explained Oner. "We are creating a new interface between food and electricity by domesticating microbes chosen for their food properties and abilityto grow on renewable energy-based feedstocks.
  • Daisy Lab — Daisy Lab pioneers precision fermentation technology in New Zealand
  • Atlantic Fish Co — Developing sustainable, cultivated seafood using cellular agriculture
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Flying Doctors Healthcare Investment Company
VC Fund · 1 investments in Nigeria Food and Beverage startups

Flying Doctors Healthcare Investment Company is a healthcare and wellness sector investment firm.

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Investment focus

  • Industry: Food Processing, Food and Beverage
  • Stage:Series A
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ReelFruit — On a mission to inspire delightfulness by offering the tastiest snacks in town.
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Aruwa Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Nigeria Food and Beverage startups, 6 in the past 12 months

Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund.

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Investment focus

  • Industry: FinTech, Big Data, Financial Services
  • Stage:Seed, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 13
  • Round size: Seed $1.7M–$3M
  • Lead/follow: 85% lead, 15% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
  • AgroEknor — AgroEknor provides agricultural research, integration, technology based optimization & global delivery of the agro superfoods.
  • Fastizers — Fastizers Food and Confectionery Limited is a newly formed food production firm in Nigeria that has been approved by the National Agency for Food and Drug Administration and Control (NAFDAC).
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Winsten Ltd
VC Fund · Cork, Cork, Ireland · 1 investments in Nigeria Food and Beverage startups

Winsten Ltd invests in early stage pre-seed technologies. The company's current directors Leonard Lynch and Bill Lynch

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Investment focus

  • Industry: Delivery, Logistics, Mobile Apps
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Jise — Jise provides restaurant food delivery services, connecting customers with local businesses.We are extremely passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. By building the last-mile delivery infrastructure for local cities, Jise is bringing communities closer, one door at a time.It connects customers with their favorite local and national restaurants within Lekki Phase 1 for now. Marvelous Gbenro, Osazuwa Agbonze Jeremiah, Ibukun Olasupo, and Majid Tokurah came together to found the company in 2021. It is headquartered in Lagos, Nigeria.
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AU21 Capital
VC Fund · San Francisco, California, United States · 1 investments in Nigeria Food and Beverage startups

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: Singapore, United States, United Kingdom

Investor stats

  • Total investments: 124
  • Round size: Seed $1.3M–$5.8M; Initial Coin Offering $1.2M–$14M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Nillion — The Secure Processing Layer of Web3
  • The Unfettered — The Unfettered is a blockchain PC game.
  • Cryption Network — Cryption Network is crypto company. Its can swap, farm, Invest and predict with cryption's unique and user-friendly DeFi 2.0 products. Bringing mass adoption to DeFi. PolyDEX is cryption's flagship product, which is completely gasless, instant, cross-chain AMM DEX with yield farming.
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Soma Capital
VC Fund · San Francisco, California, United States · 1 investments in Nigeria Food and Beverage startups, 46 in the past 12 months

Soma Capital is venture capital fund that focuses on investing in software to automate the world across all sectors and geographies.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 324
  • Round size: Seed $1M–$6M; Pre-Seed $150k–$3.6M; Series A $2.1M–$22M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • 0xPass — Frictionless auth and login for your dapp
  • Arkifi — Arkifi is an artificial intelligence company that develops AI-powered financial analyst tools. Arkifi's framework generates consistent results that avoid fabricating factual details (referred to as "hallucination"), instilling enterprises with an unmatched level of confidence in the outcomes.
  • Gradia Health — Gradia is an integrated, concierge care platform designed for clinics to support patients with chronic conditions.
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Capital V
VC Fund · 1 investments in Nigeria Food and Beverage startups

Transforming the global system to one that is more sustainable – from the perspectives of environment, food scarcity, health and animal welfare – by investing in solutions that facilitate sustained behavioral change and eliminate the consumption of animal products. Investing in vegan ventures

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Investment focus

  • Industry: Food and Beverage, FinTech, Organic Food
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, United States, India

Investor stats

  • Total investments: 7
  • Round size: Seed $330k–$13M; Pre-Seed $100k–$2M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Vacka — Vacka is a food and beverage manufacturer that produces and sells organic, plant-based vegan cheese varieties.
  • NowNow — NowNow app is the Best Fintech App in Nigeria to pay your bills, recharge your mobile, shop online, and do a lot more. Download the app today!
  • Vevolution — Where plant-based and cellular agriculture startups connect with impact investors to create a kinder world. Fintech with heart.
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Food and Beverage VC funding in Nigeria at a glance

Stats across 14 deals from 26 investors.

26
investors
in Nigeria Food and Beverage startups
14
deals
in Nigeria Food and Beverage startups
$1.1M
median round
in Nigeria Food and Beverage startups
42%
lead investors
lead at least one round
43%
Seed
most common funding stage

Access all 26 VC funds in Nigeria Food and Beverage startups.

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