D-Olivette Labs has emerged winner of the 2025 Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation.
The Nigeria Sovereign Investment Authority (NSIA), in collaboration with its partners, disbursed $280,000 in funding to six Nigerian startups through the third edition of the NSIA Prize for Innovation (NPI). Held at the grand Demo Day event in Lagos, the competition brought together some of the country’s brightest entrepreneurs, highlighting the rising impact of tech-driven, homegrown solutions across key sectors.
Out of over 5,000 applicants, 10 standout startups were shortlisted to pitch their innovations before a panel of expert judges and a live audience. The top three winners collectively received $220,000 in a mix of equity and cash investments from NSIA. Additional prizes — including the $45,000 Cascador Impact Prize and the $15,000 PVAC Healthcare Innovation Prize — were also awarded, further deepening NSIA’s commitment to supporting high-impact ventures in Nigeria’s evolving innovation landscape.