D

DFS Lab

15 employees

DFS Lab is a fintech incubator that empowers communities through mentorship and strategic advice to early-stage startups.

Investor insights

Sectors invested in

E-Commerce10
Financial Services7
FinTech6
Finance5
Delivery4
Retail Technology4
Software4
Retail4
Logistics4
Internet3
Consumer Software3
Mobile2
Communities2
Grocery2
Consumer2
Wholesale2
Productivity Tools2
Banking2
Information Technology2
Technology2

Funding rounds participated in

$200K sweet spot round size

Most of their 32 investments are in rounds between $100K and $1.5M

Investor type

Accelerator

Basic info

Industry

venture capital and private equity principals

Sectors

accelerator
investor
digital commerce
financial inclusion
mobile money
fintech

Date founded

2016

Investments made

T

Terraa raised $1.5M on February 13, 2023

Investors: Musha Ventures, Atlantic Food Labs, UM6P Ventures, - and DFS Lab

C

CutStruct Technology Limited raised $600K on November 10, 2022

Investors: LoftyInc Capital Management and DFS Lab

B

Bumpa raised $4M on October 19, 2022

Investors: shl.vc, Jedar Capital, MAGIC Fund, FirstCheck Africa, E62 Ventures, Oblongata Ventures and DFS Lab

L

Logistics Hub NG Technology raised $200K on October 1, 2022

Investors: Ardent Capital and DFS Lab

S

Sabi Cash raised $5.5M on August 15, 2022

Investors: Global Founders Capital, Soma Capital, Ulu Ventures, Golden Palm Investments and DFS Lab

T

Terminal Africa Inc. raised $2.1M on June 1, 2022

Investors: UNCOVERED FUND, Cathexis Ventures and DFS Lab

T

Tushop raised $3M on March 31, 2022

Investors: to.org, FirstCheck Africa, Golden Palm Investments and DFS Lab

K

Kibanda TopUp raised $1.7M on March 1, 2022

Investors: Next Billion Capital Partners, Jedar Capital, Ventures Platform Fund, FirstCheck Africa, HoaQ and DFS Lab

U

Undisclosed raised $10M on January 27, 2022

Investors: Digital Currency Group, Shine Capital, Bessemer Venture Partners, DCG Expeditions and DFS Lab

B

Bumpa raised $200K on January 19, 2022

Investors: Aidi, Microtraction, Rizq Investment Group, HoaQ and DFS Lab

FAQ