Fund manager (General Partner), AVCA member, Africa-focused venture studio. Assets under management: ≈ USD 20m.
At a glance
Based on observed investment behaviour: 7 recorded deals
- Investor type
- Private equity or venture capital fund (inferred, not verified)
- Capital type
- Venture capital (inferred from deals)
- Observed ticket
- 1.5 M$, median 1.5 M$ (1 disclosed amount)
- Stated ticket : 100 k$ – 2 M$
- Countries
- Kenya (4), Cameroon (1), Nigeria (1)
- Activities
- Clean cooking (2), Agritech (1), Consulting and professional services (1)
- Instruments
- Equity (7)
- Stages
- Seed (6), Pre-Seed (1)
- Recent activity
- 3 deals in 12 months, latest Aug 2026
Stated thesis versus observed behaviour
- Sectors: 71% of its deals within its stated thesis
- Countries: 71% of its deals within its stated thesis
Does this fund fit your project?
Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.
Find my matchesCriteria published by the fund, recorded and checked by Invest Matching.
- Investment ticket
- 100 k$ – 2 M$
- Instruments
- Equity
- Preferred sectors
- Fintech, Agribusiness, Energy, Logistics, E-commerce*, Business & personal services*
- Target geographies
- Kenya, Nigeria, Cameroon*, Uganda*
* added from its deals
- Stages (stated by the fund and from its deals)
- Pre-SeedSeed
Recent public deals: they say better than a thesis what the fund actually signs.
Flowt
August 2026 · KenyaPre-SeedUndisclosed amountEquityBusiness & personal servicesLead
Activity : Consulting and professional services
Kenyan financial intelligence startup Flowt has closed an undisclosed pre-seed funding round from Delta40 Fund I, Impacc and Argidius Foundation to expand its lending to climate-smart businesses across Africa.
Co-investors Argidius Foundation, Impacc
Source : weetracker.com
SeedUndisclosed amountEquityEnergyLead
Activity : Off-grid solar and solar kits
Renewable-energy workforce platform that trains, certifies and deploys solar technicians across Africa.
Why they invested
- Africa’s solar buildout is creating strong demand for skilled technicians.
- Instollar standardises installation and maintenance execution.
- The platform builds workforce infrastructure to support solar expansion.
Source : delta40.comN1 · Primary source
SeedUndisclosed amountEquityAgribusinessLead
Activity : Agritech
Digital commodity-trading platform connecting smallholder farmers in Central and West Africa with international buyers. It covers sourcing, quality control and export documentation.
Why they invested
- Digitisation of an underserved agricultural trade corridor.
- Reducing intermediaries and improving farmers’ access to international markets.
- Potential for regional expansion of cross-border agricultural trade.
Source : delta40.comN1 · Primary source
Farm to Feed
November 2025 · KenyaSeed1.5 M$EquityE-commerceLead
Activity : Online marketplaces
Farm to Feed, a Kenyan agritech startup that connects smallholder farmers to businesses, has closed a $1.5 million seed funding round.
Co-investors 54 Collective, Acumen, Catalyst Fund, DRK Foundation, Holocene, Levare Ventures, Marula Square
Source : techcabal.com
Samaking
November 2024 · KenyaSeedUndisclosed amountEquityAgribusinessCo-Invest
Activity : Fisheries and aquaculture
Instrument : Early equity investment and follow-on investment
Company developing a fish retail chain and aggregation platform linking farmers and fisherfolk to markets. It aims to improve cold-chain infrastructure and market access.
Why they invested
- Fish is positioned as a low-carbon protein source.
- The model improves market access for smallholder farmers and fisherfolk.
- Technology helps structure the supply chain and support franchise-based expansion.
Co-investors Kaleo Ventures
Source : delta40.comN1 · Primary source
PowerUp
April 2024 · KenyaSeedUndisclosed amountEquityEnergyLead
Activity : Clean cooking
Company developing clean electric cooking appliances, including PAYGO electric stoves tailored to African markets.
Why they invested
- Electric cooking can reduce the use of polluting cooking fuels.
- The PAYGO model improves household access to electric cooking.
- The product has large-scale deployment and carbon-credit potential.
Source : delta40.comN1 · Primary source
PowerUP
February 2024 · UgandaSeedUndisclosed amountEquityEnergyLead
Activity : Clean cooking
PowerUP , a Uganda-based electric cooking start-up has announced initial close of its seed round led by Delta40 , the Nairobi-based venture studio and VC fund championing inclusive climate ventures with participation from Autodesk Foundation’s investment and pro bono support.
Co-investors Autodesk Foundation
Source : weetracker.com
Delta40 invests tickets ranging from 100 k$ to 2 M$, across the following sectors: Fintech, Agribusiness, Energy, Logistics, E-commerce, and Business & personal services, in the following areas: Kenya, Nigeria, Cameroon, and Uganda. Check in 30 seconds whether your company fits these criteria.