Best Energy Tech Companies in Nigeria
The 37 best Energy Tech companies in Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Beacon Power Services.
- prnewswire.com
- businesswire.com
Our analysis of 287 Energy Tech companies
$109.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy Tech companies in Nigeria
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Beacon Power Services Provider of solutions for utility network and energy consumption management | $3M | 24 mo ago | Series A | Bimbola Adisa Founder & CEO | 2010 | SentryNode.jsTailwind CSS+6 | — |
| 2 | SunFi Provider of solar finance management platform | $2M | 43 mo ago | Seed | Rotimi Thomas Co-Founder & CEO | 2021 | SentryZohoAnimate.css+24 | 1 launch · 1 partnership · 1 expansion |
| 3 | BuyPower App-based online platform to buy electricity | $120K | 111 mo ago | Seed | Benjamin Ufaruna Co-Founder & CEO | 2015 | Cart FunctionalityBuilder.ioSentry+23 | — |
| 4 | Powercube Provider of smart lightning solutions for residential building | $25K | 102 mo ago | Seed | — | 2018 | — | — |
| 5 | GRIT Systems Energy intelligence of buildings | $25K | 136 mo ago | Seed | Ifedayo Oladapo Managing Director/Founder | 2015 | — | — |
| 6 | Instant Energy Online platform to pay electricity bill | $23K | 96 mo ago | Funding Raised | Jeremiah Shallangwa Founder & CEO | 2017 | Node.jsZohoUbuntu+12 | — |
| 7 | Upnepa Information platform for electricity power status | $20K | 88 mo ago | Seed | Taslim Salaudeen Co-Founder | 2017 | — | — |
| 8 | PowerLabs Provider of hardware and software for hospitals, factories, and gyms | — | 5 mo ago | Seed | Tobechukwu A Co-founder | 2023 | TurbopackNode.jsTailwind CSS+9 | — |
Top 10 Energy Tech companies in Nigeria
#1
Series A · Lagos, Lagos · founded 2010 · 31 employees$2.7Mraised▾
Provider of solutions for utility network and energy consumption management. The company offers systems for customer and asset data management, survey and installation management, and new service connections. It provides a grid network management solution to optimize operations and increase profitability. The company also offers an application to monitor energy consumption, make payments, and switch to solar power.
- Sep 2024Series A$2.1M
- Aug 2024Series A$8.1M
- Aug 2022Seed$2.7M
#2
Seed · Lagos, Lagos · founded 2021 · 39 employees$2.4Mraised▾
Provider of solar finance management platform. It offers solutions such as tracking repayment plan schedules, energy management, and more.
- Feb 2023Seed$2.4M
#3
Seed · Abuja, Federal Capital Territory · founded 2015 · 103 employees$120Kraised▾
App-based online platform to buy electricity. It offers a pay-as-you-go payment model for electricity. The platform allows users to calculate electricity units, set reminders, and more. Its app is available for Android and iOS devices.
- 2017Seed$120K
#4
Seed · Lagos, Lagos · founded 2018 · 7 employees$25Kraised▾
Powercube provides solutions for smart lightning for residential building. Its product can be controlled by a mobile application. It also provides energy consumption report.
- Mar 2018Seed$25K
#5
Funding Raised · Abuja, Federal Capital Territory · founded 2017 · 7 employees$23.2Kraised▾
Instant Energy provides an online platform to pay the electricity bill. Its platform also provides energy management tips, rewards on referrals, and instant wallet to pay electricity bills. Its mobile app is available for Android devices.
- Sep 2018Grant (prize money)$23.2K
#6
Seed · Lagos, Lagos · founded 2017$20Kraised▾
Upnepa is an information platform for electricity power status. It predicts, monitors, and records electricity supply. It enables users to know about the power status and stability of their area. It also provides information regarding electricity restoration.
- Apr 2019Seed$20K
#7
Seed · Lagos, Lagos · founded 2015$25Kraised▾
GRIT Systems is a Nigerian IoT startup developing web-enabled technology for controlling and gathering data about household & commercial electrical power consumption. It visualizes yields from alternate power sources, remotely monitor power consumption and quality. Their product Grit Energy and Power Monitor (GEPM) collects detailed information from multiple power sources including solar panels, inverters, generators, the grid, smart meters e.t.c. at once and sends a simplified summary of data by creating charts.
- May 2015Seed$25K
#8
Seed · Lagos, Lagos · founded 2023—raised▾
Provider of hardware and software for hospitals, factories, and gyms. The company offers resources such as a blog and a partner hub. It also fosters a community through a podcast, shop, events, and ambassadors. Support is available through contact options.
- Apr 2026Seed—
#9
Funding Raised · Lagos, Lagos · founded 2022—raised▾
Online platform for cooking gas distribution. It offers you the opportunity to buy clean cooking gas in any quantity you desire. Its mobile app is available for both the ios and android platforms.
#10
Deadpooled · Lagos, Lagos · founded 2017—raised▾
Big Pot is a blockchain based intelligent monitoring system provider for electricity. Provide an energy sharing system among businesses and residents. Uses IOT to analyze energy consumption on a monthly, weekly basis.
- 2018Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in Nigeria
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 259 Nigeria-affiliated papers.
- University of Nigeria21
- Federal University of Technology13
- Rivers State University13
- The Federal Polytechnic, Ado-Ekiti13
- University of Ilorin11
- Photovoltaic system9
- Battery (electricity)6
- Renewable energy6
- Electrochemistry5
- Energy management5
- Electrolyte1→6
- Renewable energy10
- Electrochemical energy storage5
- Intermittent energy source4
- Wind power4
- Photovoltaic system4
Where energy storage is researched across Nigeria
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.