Delta40

Overview

Delta40 is a venture studio and venture capital fund focused on investing in and building innovative ventures across Africa. Their mission is to support founders in sectors such as energy, agriculture, fintech, and AI, providing both capital and hands-on operational expertise to drive growth from idea to pan-African scale. By 2030, Delta40 aims to build a portfolio of 50 ventures serving over 125 million customers, mitigating over 100 million tons of carbon, and catalyzing over $1 billion in follow-on capital. The firm employs a unique venture studio model, offering embedded support from experienced entrepreneurs and operators. This approach includes leading early-stage investments, co-creating companies from the ground up, and providing shared services such as commercial, financial, talent, and strategic advisory. Delta40's commitment to African and female founders is evident, with at least 51% of their capital dedicated to female-led ventures. They focus on ventures that are planet-positive, aiming to improve incomes and quality of life while addressing climate change. Delta40 has expanded its presence in Africa, notably launching a venture studio in Lagos, Nigeria, in April 2025. This expansion underscores their dedication to accelerating entrepreneurship and innovation in key sectors across the continent. Their portfolio includes ventures like Giraffe Bioenergy, which produces ethanol cooking fuel from cassava, and Node Bio, which offers agricultural applications to enhance crop yields. Through their comprehensive support and investment strategies, Delta40 continues to foster the growth of impactful ventures throughout Africa.

Investment Focus

• African or female founders
• Minimum of 7 years of work experience
• Willingness to establish an Employee Stock Ownership Plan (ESOP) allocating at least 10% of the cap table to employees by Series A
• Commitment to building planet-positive ventures addressing climate change

Portfolio Companies