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Originally published by Tech Arenatech
February 11, 2026
21h ago
Delta40 Raises $20 Million to Support Africa’s First Institutional Venture Studio + Fund Model
Delta40 has closed a $20 million raise to scale Africa’s first institutional Venture Studio + Fund model, backing early-stage startups across energy, agriculture, and fintech...
✨ Key Highlights
Delta40 has successfully raised $20 million in a fundraising round to expand its unique Venture Studio + Fund model across Africa, combining early-stage capital with hands-on venture-building support for startups.
- The round attracted 54 investors from 13 countries, including development finance institutions, global foundations, and family offices, with 25 investors being founders themselves.
- Delta40 typically provides first checks ranging from $100,000 to $500,000 at the idea-to-Seed stage and offers follow-on investments.
- The model aims to address funding gaps, as less than 2% of venture funding goes to female founders and under 30% to African founders.
- Key institutional backers include the Soros Economic Development Fund, FMO, GIZ, and the Rockefeller Foundation.
- To date, Delta40 has invested in and supported 16 companies, with five ventures built directly within its studio.
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