🏙️

Lagos

Metro area · Nigeria · Pop. 21.3M

A public taster of the full Lagos ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

356 Pool of Funded Startups

New Startups

188 Annual Startups FoundedAll new ventures

55 Annual Startups FundedReceived investment

get funded 29%

315Startups

195 Pre-Seed Startups$100K–1M

76 Seed Startups$1–4M

Pre-Seed to Seed 30%

44 Series A Startups$4–15M

Seed to Series A 15%

32Breakouts

21 Series B Breakouts$15–40M

A to Series B 32%

11 Series C Breakouts$40–100M

9Scaleups

4 Mega Scaleups$100–250M

reach Mega 1.1%

5 Mega+ Scaleups$250M+

reach Mega+ 1.4%

4Valuation Outcomes

4 Unicorns($1–10B valuation)

reach Unicorn 1.1%

Pre-Seed

195

Seed

Series A

Series B

Series C

Unicorn

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Largest rounds

Largest funding rounds in Lagos

A live treemap of the largest VC rounds. Each cell is one round into Lagos-headquartered companies, grouped by Dealroom sector.

Largest rounds in Lagos - 2026

Every $15M+ VC round into Lagos-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

Loading rounds...

Live from Dealroom API Open full VC dashboard

VC investment

How much venture capital flows into Lagos

VC investment into Lagos-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Lagos's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Lagos.

University-linked startup formation

University spinouts

Total alumni-founded companies

Of which startups (<$15M raised)

Breakouts ($15M-100M)

Scaleups ($100M+)

Location comparison

How Lagos stacks up

Compare Lagos with peers from the same country (Nigeria) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Lagos

$14.3B

$11.6B

$9.3B

$8.1B

$7.3B

$2B