
Alitheia Capital is an impact-investing private equity and financial advisory firm headquartered in Lagos, Nigeria, focused on channeling capital into high-growth African businesses, with a particular emphasis on gender-lens investing. Founded in 2007, the firm has managed over $250 million in assets across various funds.
Their most common stage is series-a (50% of deals). Average disclosed round size is $10.4M (across 6 rounds with reported amounts).
Portfolio
6
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
Olajumoke Akinwunmi
Co-Founder/Managing Director
Tokunboh Ishmael
Co-founder and Managing Director
Frank Nnamka
Private Equity Investor
Lionel Adabayeri
Investment Professional
Peter Justin Akpan
Private Equity / Venture Capital Professional
Moyosore Babalola
Private Equity Professional
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $20M | Apr 2025 | |
| Unknown | $4.5M | Jan 2025 | |
| Seed | $10.4M | Sep 2023 | |
| LLidya | Series B | $8.3M | Jul 2021 |
| Series A | $12M | Aug 2020 | |
| MMAX.ng | Series A | $7M | Jun 2019 |
Top Co-Investors
Last updated: 7 October 2026