About Delta40
Delta40, an accelerator and incubator program founded in 2021, is based in Nairobi, Kenya. With a presence in 2 countries, it has supported around 4 startups in sectors like Enterprise Applications, Consumer. Most notable companies in
its portfolio include Lori, Farm to Feed and Flowt. The program is backed by a team of 24 people who primarily support Seed startups based in Kenya. Its latest investment was a Undisclosed Seed round in Flowt on Aug 25, 2026, which also saw participation from Impacc and Porticus.
Key Metrics
Founded Year
2021
Location
Nairobi, Kenya
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Delta40's List of All Investments
Delta40 has a portfolio of 4 companies. Their most notable investments are in PowerUP and Farm to Feed.Their portfolio spans across Kenya and Uganda. They have invested in Enterprise Applications, Consumer, FinTech and 5 other sectors, across stages such as Seed, Series A stages. Here is the list of all investments by Delta40:
1. Lori
LORI is an online marketplace platform for cargo transportation services. It is a logistics coordination platform that networks cargo providers with carriers. It provides supply chain transparency, transporter verification, onboarding, optimizes trucking operations, accurate invoicing, real-time tracking, fuel financing, and more.
Key facts about Lori
2. Farm to Feed
Key facts about Farm to Feed
- Founded Year: 2020
- Location: Nairobi (Kenya)
- Stage: Seed
- Total Funding till date: $1.37M
- Employee Count: 40 as on Aug 31, 2026
- Investors: DEG, Draper Richards Kaplan Foundation and 8 Others
- Latest Funding Round: Grant (prize money), Nov 03, 2025, $*****
3. Flowt
Provider of working capital financing for climate smart business operations. Financial products offered include invoice financing, purchase order financing, inventory financing, and grant contract financing. Assessment of creditworthiness occurs through an automated financial health check utilizing verified accounting and transaction data. This service connects business financial records to secure digital platforms to determine eligibility for credit facilities. Disbursement and repayment processes are managed through dedicated accounts integrated with regulated banking systems.
Key facts about Flowt
4. PowerUP
PowerUp WHAT WORKS is a website that provides free resources and materials to educators, particularly those working with students who have special needs. The website aims to help educators ensure that all students receive quality education.
Key facts about PowerUP
Delta40's Year-on-Year Investment Trends
In 2025, it made 2 investments, while as of Aug 2026, it has made 1 investment in this year. Its most recent first time investment was in Flowt.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
Delta40's Investments by Stage
Delta40 has made 3 investments in Seed stage with an average round size of $1.27M and 1 investment in Series A stage with an average round size of $2M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 1 |
Note: We have considered here, only first round of investments
Delta40's Investments by Sector
Delta40 has a diverse portfolio, with companies operating in the Consumer, Consumer Goods, Enterprise Applications, FinTech and Financial Services. Notably, it has invested in 2 Enterprise (B2B) companies, 2 Software companies, 2 Tech companies and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Consumer Goods | 1 |
Enterprise Applications | 1 |
FinTech | 1 |
Financial Services | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Delta40's Investments by Geography
Delta40 has made most investments in Kenya (3), followed by Uganda where it has made 1 investment.Country | No. of Investments |
|---|---|
Kenya | 3 |
Uganda | 1 |
Note: We have considered here, only first round of investments
Delta40's recent investments
Delta40 has made 1 investments in 2026 so far - Flowt.Here are the most recent investments by Delta40:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 25, 2026 | Kenya | Seed | 6103 | [+1] | |
Nov 03, 2025 | Kenya | Seed | 7637 | ||
Apr 25, 2025 | Kenya | Series A | 2243 | [+1] | |
Feb 06, 2024 | Uganda | Seed | 5330 | - |
Team profile of Delta40
Delta40 has a team of 24 members including 8 Partners and 7 Venture Partners located in Kenya, United States and 2 more locations. Delta40's team sits on the board of 1 company.Here is a list of top team members in Delta40:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | - | |
Partner | Nairobi | |||
Partner | Lagos | - | ||
Partner | Kenya | - | ||
Partner | Lagos | - | ||
Partner | Abuja | - | ||
Partner | London | - | - | |
Partner | Nairobi | - | ||
Venture Partner | Nairobi | - | - | |
Venture Partner | Nairobi | - | ||
Venture Partner | Nairobi | - |
Co-investors of Delta40
Over the past 2 years, 22 investors have co-invested in Delta40's portfolio companies. This includes only funds.
- Invested before Delta40: Timon Capital, EchoVC Partners and 9 others have invested in rounds before Delta40. There is 1 company where Timon Capital has invested before Delta40 and 1 company where EchoVC Partners has invested before Delta40.
- Top Co-investors of Delta40: 11 investors entered a company along with Delta40. These include investors like Future Africa (1 company).
Recent News related to Delta40
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Flowt Raises Pre-Seed Funding for AI-Driven Lending to African Climate BusinessesTechMoran•Aug 25, 2026•Delta40, Impacc, Flowt
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Farm to Feed Bags $1.5M to Expand Its Tech-Driven Marketplace for Surplus Crops Across Africatechbuild.africa•Nov 03, 2025•Farm to Feed, Delta40, DEG Impulse
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Lori Systems Secures $2M in Bridge Funding Amid Valuation DipTechMoran•Apr 25, 2025•Lori, Delta40, Future Africa, FP Capital Advisors
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Venture studio Delta40 invests in electric cooking start-up PowerUPAfrica CEO Voices•Feb 12, 2024•Climate Ventures, Autodesk, Delta40
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PowerUP, Ugandan electric cooking startup, has raised seed funding for expansionTechgist Africa•Feb 12, 2024•PowerUp Toys, Autodesk, Delta40
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PowerUP, the Clean Cooking Startup, Sparks a Revolution Across AfricaVentureburn•Feb 06, 2024•PowerUP, Delta40, Autodesk
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Factor[e] Ventures, a Kenyan VC firm, has launched a new venture studio Delta40Techgist Africa•Apr 13, 2023•Factor[e] Ventures, Delta40
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Factor[e] Ventures launches African venture studio Delta40 to invest in African StartupsTechloy•Mar 24, 2023•Factor[e] Ventures, IKEA Foundation, Bezos Earth Fund, Wilson Sons and 1 other
