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Vatar Incorporated, developer of viral game Lagos Life, raises $500,000 in pre-seed funding at $10M valuation to expand product and operations.

PRIVATEOct 09, 2026

Amount Raised

$500,000

Round Type

Seed

NigeriaGaming

Investors

Abdulhamid HassanNathan NwachukuOo NwoyeResilience17

Description

Vatar Incorporated, the developer of the viral Nigerian browser game Lagos Life, has raised $500,000 in pre-seed funding at a $10 million valuation. The funding round closed in a single day with investors including Flutterwave CEO Olugbenga Agboola through his fund Resilience17, angel investor Oo Nwoye, Terra Industries CEO Nathan Nwachuku, and Mono's Abdulhamid Hassan. Founded on October 6, 2026, Vatar plans to deploy proceeds towards product development, marketing and recruitment. Lagos Life has already attracted over 4.3 million users from 15 countries with peak concurrent users exceeding 200,000.

Company Information

Company

Vatar Incorporated

Location

Nigeria

About

Vatar Incorporated is the developer of Lagos Life, a viral Nigerian browser-based life simulation game that allows players to create characters, secure jobs, and interact in a shared digital city. The game has attracted over 4.3 million users from 15 countries with peak concurrent users exceeding 200,000. Founded in October 2026, the company monetizes through advertising, virtual currency sales, commercial partnerships, and in-game brand integrations. Vatar has earned over $170,000 in revenue since launch and plans to expand to additional Nigerian cities.

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Vatar Incorporated raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.