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The Startup Ecosystem of Abeokuta

Abeokuta has 6 startups in our sample database. This represents about 1% of Nigeria’s startups. Abeokuta is the 8th best startup ecosystem in Nigeria.

CITY RANKING

Abeokuta is a new entry in the 2024 Global Startup Ecosystem Index, having now positioned itself as 1211th worldwide.

National Ranking

8th
new
In Nigeria

Regional Ranking

15th
new
In Western Africa

Global Ranking

1211th
new
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Abeokuta Top Startup Industries

Edtech icon
Edtech
1 startups
Ecommerce & Retail icon
Ecommerce & Retail
1 startups
Fintech icon
Fintech
1 startups

Ecosystem HealthCheck

Abeokuta Ecosystem Health Check

The health check tables allow you to look at the performance Abeokuta has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global12116
Ecommerce & RetailN/A01
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Abeokuta

Download list
GetFundedAfrica startup logo
Software & Data | Data Analytics
Unranked
RUBILABS startup logo
Healthtech | Health Care
Unranked
Frootify startup logo
Ecommerce & Retail | Ecommerce & Retail-Other
Unranked
Savey Africa startup logo
Fintech | Financial Services
Unranked
The HITS startup logo
Edtech | Education-Other
Unranked
Technatic Hub startup logo
Marketing & Sales | Digital Marketing
Unranked

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Startup Ecosystem Charts

Startup Funding in Abeokuta2017 - 2024

Startup Funding in Abeokuta 2017 - 2024

From 2022 to 2023, startup funding in Abeokuta has decreased by 88.24%. During this period, the number of deals in Abeokuta has decreased by 66.67%. Since 2017, total startup funding in Abeokuta exceeded US$ $1.30M.

Average Funding in 2023

$120.00K

Abeokuta
Nigeria
-64.71% YoY

Funding in 2023

$120.00K

Abeokuta
Nigeria
-88.24% YoY

Deals in 2023

1

Abeokuta
Nigeria
-66.67% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B00.751.52.253

Ecosystem

The Startup Ecosystem in Abeokuta

Startups in Abeokuta excel in Edtech, Ecommerce & Retail, and and Fintech. There are some notable success stories contributing to the city’s growing Edtech industry. One of the most promising startups in Abeokuta in 2024 is GetFundedAfrica, and Technatic Hub.

Global Rank

Abeokuta is ranked below the top 1000 startup ecosystems globally.

Top Industries

Abeokuta’s startups excel particularly in Edtech and in Ecommerce & Retail, and Fintech. Find out more

Top Cities for Startups in Nigeria - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
70th
+
12
9.786
00.00
00.00
00.00
2nd
0
447th
+
140
0.630
00.00
00.00
00.00
3rd
0
456th
+
175
0.607
00.00
00.00
00.00
4th
0
697th
+
144
0.249
00.00
00.00
00.00
5th
0
768th
+
193
0.203
00.00
00.00
00.00
6th
new
867th
new
0.159
00.00
00.00
00.00
7th
new
1107th
new
0.085
00.00
00.00
00.00
8th
new
1211th
new
0.063
00.00
00.00
00.00
9th
new
1244th
new
0.057
00.00
00.00
00.00
10th
new
1247th
new
0.056
00.00
00.00
00.00
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Startups

Notable Startups in Abeokuta
GetFundedAfrica startup icon
GetFundedAfrica
Technatic Hub startup icon
Technatic Hub

ECOSYSTEM

Why should you join Abeokuta's Startup Ecosystem?

Overview

8th

National Rank

15th

Regional Rank

Overview

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]