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Aruwa Capital Management

Lagos, NigeriaWebsite ↗

Aruwa Capital Management is a Lagos-based, female-founded and led growth equity and impact investment firm that applies a gender-lens strategy to invest in established, rapidly growing companies in the small to lower mid-market in Nigeria and Ghana, focusing on businesses that provide essential goods and services to women or are founded/led by women or have gender-diverse teams.

FintechHealthtechClimateConsumerPre SeedSeedSeries AGrowth
Last raised
Apr 2025
1y 4mo ago
Latest fund size
$35M
Aruwa Capital Fund II
AUM
$40M
estimated

Funds raised

Capital this firm has raised, newest first

Aruwa Capital Fund II
Apr 2025
$35M
Aruwa Capital Fund I
Jan 2022
$20M

Recent investments

Companies this firm has funded, newest first

CompanyRoundAmountDateSource
YikodeenGrowthJun 2026
Sika Financial GroupLeadSeed$2MJun 2026
Fairmoney Microfinance BankNov 2025
KoolboksSeries AAug 2025
OmniRetailSeries A$20MApr 2025
Revna BiosciencesGrowthDec 2024
AgroEknor InternationalLeadGrowthJul 2024
MDaaS GlobalLeadSeed$3MMar 2024

Sources

Where this data came from