The global "funding winter" has not spared Nigerian tech startups, which are now facing a more cautious investment climate. Venture capital inflows have slowed compared to previous boom years, compelling founders to rethink their strategies. Many startups are focusing on achieving profitability and sustainable growth rather than rapid expansion at all costs. This period is also fostering greater innovation in bootstrapping, lean operations, and local fundraising. While challenging, some analysts believe this phase will lead to a more resilient and mature tech ecosystem in Nigeria. Sectors like fintech, healthtech, and edtech continue to attract interest, particularly those addressing fundamental local needs. Government initiatives and local angel investor networks are playing an increasingly important role in bridging the funding gap. The emphasis is shifting towards building solid business fundamentals and demonstrating clear paths to revenue generation.