Nigerian startups raised $11.3 million across nine companies in September 2026, according to Nairametrics. That is a steep fall from August, when startups raised $364.1 million.
Monthly totals can hide what actually happened. One large round can lift a month, while a month with many small rounds can look weak. The list below shows the September rounds that were reported.
The September rounds
- Nomba raised $3 million in debt from CardinalStone Finance.
- Drive45 secured a $3 million debt facility from TLG Capital.
- ChipMango raised $1.9 million in seed funding from a group of investors, including Atlantica Ventures, DFS Lab, Madica and Kaleo Ventures.
- Madica also invested $200,000 in ChipMango in a separate round.
- Aeon raised $1 million from Terra Industries.
- Ororo Waste raised $1 million from Rising Tide Africa.
- Noma Services raised $700,000 in debt from SEFAA.
- Trade Lenda and AirSmat each raised $200,000 from Village Capital.
- Pewbeam raised $100,000 from Resilience17.
What the wider picture shows
Nairametrics also reported that Nigerian startups raised $635 million in the first nine months of 2026. A single large deal can change the total, so judge startup funding over several months rather than one.
How to check a funding story
Before you share a round, look for the company’s own announcement or a statement from the investor. Amounts and dates sometimes change once a company confirms them.
A single large round can change an entire month, so the trend over several months tells you more than one headline.
Thinking about raising money for your own company? Read our guide on how to start a business in Nigeria before you approach investors. Follow the companies on this list for their next announcements, and check their official channels for confirmed figures.
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