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Since 2017, Western Technology Investment has backed 6 African startups across 6 disclosed funding rounds totaling $45.5M, most heavily in Nigeria and Health Tech.
Western Technology Investment, commonly known as WTI, is a venture debt firm founded in 1980. The firm provides debt capital to technology and innovation companies and is based in Portola Valley, California. WTI describes its approach as true venture debt and emphasizes helping companies finance growth while minimizing dilution. In Africa, Western Technology Investment has participated in multiple technology financings in Nigeria. Based on available investment data, WTI has backed companies at the seed stage and at a later venture stage. Its African portfolio includes communication and social infrastructure through broadband connectivity, health technology focused on employee health plans and telemedicine, and HR and talent solutions that provide access to global engineering and AI talent. Notable Nigerian companies backed by Western Technology Investment include Tizeti, which offers affordable unlimited broadband via solar powered Wi Fi, Reliance Health, which provides employee health plans with telemedicine and provider access, and Andela, a platform for hiring pre vetted global engineers and AI talent on demand. These investments illustrate WTI’s interest in technology enabled services that address critical infrastructure, healthcare access, and talent needs in emerging markets.
Data updated · Jul 29, 2026
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Western Technology Investment has backed 6 African startups across 6 disclosed funding rounds tracked on Liners, totaling $45.5M since 2017.
Mostly Seed: 3 of its 6 tracked rounds are at that stage, followed by Series B (2).
Western Technology Investment's tracked rounds are concentrated in Nigeria (6).
Its tracked rounds lean toward Health Tech (2), Telecom & Connectivity (2), Marketing & CRM (1), and 1 more sector.
Western Technology Investment most often shares rounds with Y Combinator (3 shared deals), Tencent (2 shared deals), Lynett Capital (2 shared deals).
Western Technology Investment is a venture debt firm that provides debt capital to technology and innovation companies. It is based in Portola Valley, California.
Western Technology Investment has backed Tizeti, an affordable unlimited broadband provider that uses solar powered Wi Fi, Reliance Health, which offers employee health plans with telemedicine and provider access, and Andela, which provides pre vetted global engineers and AI talent on demand. All three companies have operations in Nigeria.