Logistics in Nigeria: funding deals and active investors
One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Logistics, Nigeria.
10
deals recorded
5
over 12 months
8 M$
median disclosed ticket
27
identified investors
Key findings
- 10 funding deals recorded (Logistics, Nigeria) since 2003, involving 10 companies and 27 identified investors. 5 of them over the last 12 months (1 the previous year).
- Median disclosed ticket: 8 M$; half of the deals fall between 2.9 M$ and 36.3 M$ (8 amounts disclosed out of 10, 388.4 M$ in total).
- Where the money goes: Passenger transport (60 %), Delivery and last mile (20 %), Warehousing and cold chain (10 %).
- Most frequent stage: Debt (40 %); most used instrument: Equity (50 %).
- Most active investors: TLG Capital (3), Access Bank (1), Africa Capital Alliance (1).
- 60 % of deals are syndicated (at least two investors around the table).
Industries
- Passenger transport6
- Delivery and last mile2
- Warehousing and cold chain1
- Supply chain software1
Stages
- Debt4
- Growth2
- Seed2
- Pre-Seed1
- Series C+1
Instruments
- Equity5
- Senior debt4
Deals per year
| Year | Deals | Disclosed amounts |
|---|---|---|
| 2024 | 2 | 4.4 M$ |
| 2025 | 2 | 110 M$ |
| 2026 | 4 | 268 M$ |
Most active investors
- TLG Capital3 deals
- Access Bank1 deal
- Africa Capital Alliance1 deal
- Founders Factory Africa1 deal
- FounderX Ventures1 deal
- Golden Palm Investments1 deal
- Goodwater Capital1 deal
- Haleakala Ventures1 deal
- HoaQ1 deal
- IFC (International Finance Corporation)1 deal
- Ingressive Capital1 deal
- Levare Ventures1 deal
Latest deals
| Company | Date | Disclosed amounts | Lead |
|---|---|---|---|
| Drive45Passenger transport · Nigeria · Debt | Sept 2026 | 3 M$ | TLG Capitalsource |
| MoovePassenger transport · Nigeria · Series C+ | Aug 2026 | 250 M$ | Mubadalasource |
| Falcon Aerospace (VivaJets)Passenger transport · Nigeria · Debt | Apr 2026 | 15 M$ | TLG Capitalsource |
| Delifrost CaterersWarehousing and cold chain · Nigeria · Growth | Jan 2026 | undisclosed | Sahel Capitalsource |
| LagRidePassenger transport · Nigeria · Debt | Dec 2025 | 100 M$ | United Bank for Africa (UBA)source |
| VivaJetsPassenger transport · Nigeria · Debt | Oct 2025 | 10 M$ | TLG Capitalsource |
| RendaDelivery and last mile · Nigeria · Pre-Seed | May 2024 | 1.9 M$ | Ingressive Capitalsource |
| ChowdeckDelivery and last mile · Nigeria · Seed | Apr 2024 | 2.5 M$ | Goodwater Capitalsource |
| Kobo360Supply chain software · Nigeria · Seed | Dec 2018 | 6 M$ | TLcom Capitalsource |
| ABC TransportPassenger transport · Nigeria · Growth | Jan 2003 | undisclosed | Africa Capital Alliancesource |
See also
Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.