Stage FocusPre-Seed, Seed
GeographyRest of World
TypeVC
Last Activity2026
Industry Focus
Industries
AIAdvanced Manufacturing
Technical BenchStrong
Investor TypeGeneralist
ExposureSome DeepTech Investments
Bio
DFS describes itself as venture capital at the intersection of AI and industrialization in Africa. The team works across San Francisco, Paris and Lagos and is led by general partners Stephen Deng and Jake Kendall. Deng previously covered fintech and other disruptive technologies at the Gates Foundation and has invested in African tech for over a decade, backing more than 50 companies including And...
Notable Investments
A
AndelaN
NALAT
Terra IndustriesSimilar Funds
F
FounderFuel
Montreal, Quebec, Canada
GeneralistAIAdvanced ManufacturingPhotonicsPre-SeedSeed
PV
Panache Ventures
Montréal, Canada
GeneralistAIClimate TechSpacePre-SeedSeed
360 One Asset
Mumbai, India
GeneralistAISpaceDefensePre-SeedSeed
4V
4DX Ventures
New York, United States
GeneralistAISynthetic BiologySpacePre-SeedSeed
Accel
Bangalore, India
GeneralistAIMobilityAdvanced ManufacturingPre-SeedSeed
AC
Acequia Capital (AceCap)
Seattle, United States
GeneralistAIBiotechAdvanced ManufacturingPre-SeedSeed