Country
Nigeria
Sector
Financial Services / Technology
Intelligence Type
Corporate
Status / Stage
Expanding
Confidence
Confirmed
Latest Development
Nigeria’s most active early-stage VC firm. Fund II closed at $84m (above $75m target) with EBRD and Norfund as new LPs — EBRD’s first African VC LP commitment. 100+ portfolio companies including Paystack (Stripe) and Mono (Flutterwave).
Company Profile
Company TypePrivate
HeadquartersAbuja, Nigeria
Countries of OperationNigeria; Kenya; Ghana; South Africa (portfolio)
Founded2016
Websiteventuresplatform.com
Key ExecutivesKola Aina (Founding Partner)
Key Developments
Fund II closed at $84m (above $75m target) 2026. EBRD and Norfund joined as new LPs. 100+ portfolio companies. Fund II deploying into Nigerian and pan-African early-stage tech.
Key Risks
Early-stage VC inherently high-risk. African startup market facing headwinds. Limited exits beyond Paystack.
What Happens Next
Fund II deployment into early-stage African tech.
Commercial Opportunity Intelligence
Opportunity SignalEBRD's first African VC LP — European DFI recognition that African VC is a legitimate asset class.
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Billionaires.Africa (August 2026); Stears Q2 2026 Private Capital Report
Source Date2026