Fund vehicle
Delta40 Fund I
Delta40 Fund I is an integrated venture studio and venture capital fund designed to build and invest in technology-driven startups across sub-Saharan Africa. The fund operates a hybrid "high-touch" model, providing early-stage founders with both lead seed capital and embedded operational support through its venture studio team. Its primary mission is to increase incomes and tackle climate change by fostering innovations that drive job creation and environmental resilience. Delta40 co-creates companies from the idea stage with entrepreneurs-in-residence and leads investments into existing ventures. The fund's structure combines institutional capital with a "founders backing founders" ecosystem, leveraging the experience of operators who have previously scaled businesses on the continent.
- Manager
- Delta40
- Vintage
- 2026
- Strategy
- Venture Capital
- Target size
- $20m
- Size
- $20m
- Status
- Closed
Disclosed limited partners
- Allan & Gill Gray Philanthropies Africa
- Autodesk Foundation
- Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
- Factor(E) Ventures
- Lemelson Foundation
- Livelihood Impact Fund
- Netherlands Development Finance Company (FMO)
- Rockefeller Foundation
- Skoll Foundation
- Small Foundation
- Soros Economic Development Fund
Sources
- Partner Researchers, accessed 14 November 2026