Delta 40 Venture Studio Corporation
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
Delta 40 is a venture capital (VC) fund and venture studio focused on sub-Saharan Africa, investing in and supporting early-stage founders (pre-seed & seed) across the continent. They invest across 3 key sectors that drive job creation & climate resilience, namely climate fintech, clean energy & e-mobility, and agricultural & food systems.
What is our funding objective?
The funding objective for this project is to support Delta 40’s expansion into Nigeria by providing financial assistance for market research, venture development, and investment readiness. This includes establishing a focused venture studio in Lagos, supporting early-stage ventures, and fostering economic inclusion and resilience among entrepreneurs, as well as driving market expansion.
Why do we fund this investment?
FMO supports this project to help early-stage Nigerian ventures overcome challenges like limited financing, market growth barriers, and the need for customised support. Delta 40’s initiative aligns with FMO's goals of financial inclusion, market expansion, and investment readiness, positioning these ventures for future inclusion in FMO’s portfolio. The project also uses catalytic finance to unlock more capital by partnering with local banks for working capital and other financial products. Delta 40's funding fits FMO's 2030 strategy, which aims to create bankable projects and close financing gaps for Sustainable Development Goals. Investing with a climate focus and supporting female-led companies matches FMO's priorities and strengthens prospects for these ventures.
- Website customer/investment
- https://www.delta40.com/
- Region
- Africa
- Country
- Nigeria
- Sector
- Infrastructure, Manufacturing and Services
- Publication date
- 8/28/2025
- Effective date
- 7/1/2025
- Total FMO financing
- USD 0.52 MLN
- Funding
- MASSIF