FUNDING & GRANTS - NaijaTradeHut

NO	Angel / Investor	Founder / Individual Type	Funding Type	Typical Amount	Equity Required	Repayment	Main Sectors	Business Stage	Revenue Requirement	CAC Required	Location	Women	Youth	Startup	Application / Approach	Details
1	Tomi Davies (TD)	Individual / serial entrepreneur	Equity / angel	Negotiated	Yes, normally	N/A	Technology, startups, innovation	Early-stage	Not publicly specified	Usually advisable/required for formal investment	Nigeria/Africa	Not exclusive	Yes	Yes	Direct investor/network approach	Tomi Davies (TD)
2	Olumide Soyombo	Individual / entrepreneur	Equity / angel	Negotiated	Yes	N/A	Technology, fintech, startups	Seed/early-stage	Not publicly specified	Usually	Nigeria/Africa	Not exclusive	Yes	Yes	Investor/network introduction
3	Kola Aina	Individual / VC partner	Equity	Fund/investment terms	Yes	N/A	Technology/startups	Early-stage	Investment dependent	Usually	Nigeria/Africa	Not exclusive	Yes	Yes	Through Ventures Platform
4	Iyinoluwa Aboyeji	Individual / founder / investor	Equity	Negotiated	Yes	N/A	Technology, fintech, infrastructure, startups	Early-stage	Investment dependent	Usually	Nigeria/Africa	Not exclusive	Yes	Yes	Through Future Africa/network
5	Jason Njoku	Individual / entrepreneur/investor	Equity	Not publicly standardized	Yes	N/A	Technology, media, startups	Early-stage/growth	Not publicly specified	Usually	Nigeria/Africa/global	Not exclusive	Yes	Yes	Network/direct introduction
6	Odunayo Eweniyi	Individual / founder/investor	Equity	Not publicly standardized	Yes	N/A	Fintech, technology, women-led startups	Early-stage	Not publicly specified	Usually	Nigeria/Africa	Strong relevance	Yes	Yes	Through FirstCheck/network
7	Uche Aniche	Individual / entrepreneur/investor	Equity / seed	Deal dependent	Yes	N/A	AgTech, energy, fintech, logistics	Pre-seed/seed	Not publicly specified	Usually	Nigeria/Africa	Not exclusive	Yes	Yes	SSE/Rebel Seed ecosystem
8	Kunmi Demuren	Individual / VC investor	Equity	Not publicly disclosed	Yes	N/A	Technology/startups	Seed/early-stage	Not publicly disclosed	Usually	Nigeria/Africa	Not exclusive	Yes	Yes	GreenHouse Capital
9	Bunmi Akinyemiju	Individual / investor	Equity	Not publicly disclosed	Yes	N/A	Technology, innovation	Seed/early-stage	Not publicly disclosed	Usually	Nigeria/Africa	Not exclusive	Yes	Yes	GreenHouse Capital
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Angel investors and angel investment networks supporting businesses in Nigeria.

ANGEL NEWORKS

This category is extremely important because you don’t have to convince one individual. Your proposal can potentially be presented to a group of investors.

NO 1	FIELD	DETAILS
1	Organisation	Lagos Angel Network (LAN)
2	Type	Angel investor network
3	Country	Nigeria
4	Primary location	Lagos
5	Funding	Equity/angel investment
6	Grant	No
7	Loan	Generally no
8	Equity	Yes
9	Typical amount	Deal-dependent
10	Stage	Early-stage/startups
11	Sector	Technology/startups/general high-growth businesses
12	Revenue	Depends on deal
13	CAC	Formal company structure generally expected for investment
14	Women-focused	No
15	Youth-focused	No
16	Startup-friendly	Yes
17	Application	Pitch/network/introduction
18	Contact	Through LAN/ABAN ecosystem
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LAN was one of the founding networks behind ABAN, the continental angel network. ABAN says LAN was among the pioneering African angel groups that helped establish the pan-African network. (Aban Angels)

NO 2	Field	Details
1	Organisation	SSE Angel Network
2	Type	Angel network
3	Region	South-East/South-South Nigeria
4	Funding	Equity/angel
5	Grant	No
6	Loan	No
7	Equity	Yes
8	Typical amount	Deal dependent
9	Stage	Pre-seed/seed
10	Sectors	AgTech, energy, fintech, logistics and related startups
11	Revenue	Deal dependent
12	CAC	Normally expected for formal investment
13	Women	Not exclusive
14	Youth	Startup-friendly
15	Startup	Yes
16	Application	Pitch/network route
17	Contact	SSE ecosystem

The network is associated with Nigerian entrepreneur and investor Uche Aniche, and publicly available descriptions report more than $500,000 invested across 16 startups through the associated early-stage ecosystem.

NO 3	FIELD	DETAILS
1	Organisation	African Business Angel Network (ABAN)
2	Type	Pan-African angel network
3	Nigeria connection	Strong — founded with Lagos Angel Network among pioneering networks
4	Funding	Angel/equity through member networks
5	Grant	No
6	Loan	No
7	Equity	Usually
8	Typical amount	Varies by member network
9	Stage	Early-stage
10	Sector	Broad
11	Revenue	Varies
12	CAC	Depends on investor
13	Women	Yes — strong network focus
14	Youth	Yes
15	Startup	Yes
16	Application	Usually through member networks rather than ABAN simply writing a cheque
17	Coverage	Africa/global

ABAN currently reports 75+ active angel networks, 37 African countries represented, 5+ thematic-focused networks and 200+ women angel investors in female-led networks. (Aban Angels)
African Business Angel Network (ABAN)

NO	VC Fund	Type	Funding	Typical Stage	Typical Ticket	Equity	Repayment	Sector	Revenue	CAC	Nigeria	Startup	Application
1	Ventures Platform	VC	Equity	Pre-seed/seed/early	Deal dependent	Yes	N/A	Technology/startups	Traction preferred	Usually	Yes	Yes	Pitch/introduction
2	Future Africa	VC	Equity	Early-stage	Deal dependent	Yes	N/A	Technology, fintech, infrastructure, consumer	Traction preferred	Usually	Yes/Africa	Yes	Investment route
3	Microtraction	Pre-seed VC	Equity	Pre-seed	Historically early tickets	Yes	N/A	Technology	Early traction	Usually	Yes/Africa	Yes	Startup application/network
4	GreenHouse Capital	VC/investor	Equity	Pre-seed/seed	Not publicly standardized	Yes	N/A	Technology/frontier businesses	Traction preferred	Usually	Yes/Africa	Yes	Contact/investment route
5	Launch Africa Ventures	VC	Equity	Seed	Deal dependent	Yes	N/A	African technology	Traction	Usually	Africa	Yes	Fund application/network
6	TLcom Capital	VC	Equity	Seed/Series A	Up to multi-million-dollar investments	Yes	N/A	Technology	Growth/traction	Usually	Africa	Yes	Investment team
7	Voltron Capital	Seed fund	Equity	Seed	Deal dependent	Yes	N/A	African technology	Traction preferred	Usually	Nigeria/Africa	Yes	Investment/network
8	EchoVC	VC	Equity	Seed/growth	Deal dependent	Yes	N/A	Technology	Traction	Usually	Africa	Yes	Investment team
9	Partech Africa	VC	Equity	Early/growth	Large institutional tickets	Yes	N/A	Technology	Strong growth	Yes	Africa	Yes	Fund route
10	Norrsken22	VC	Equity	Growth	Large	Yes	N/A	Technology/impact	Growth	Yes	Africa	Yes	Investment team

A Venture Capitalist (VC) is an individual or investment firm that provides funding to promising startups and growing businesses with high potential for growth. In return, the VC usually receives equity (ownership) in the business. Venture capitalists typically invest in businesses that can scale quickly and generate significant returns.