PROJECT

Projects

Summary of Investment Information

Project Number

48352

Company Name

4DX VENTURES L.P.

Date SPI Disclosed

Oct 31, 2023

Country

Africa Region

Region

Africa

Projected Board Date

Nov 29, 2023

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Apr 6, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Nov 16, 2023
Signed : Mar 5, 2024
Invested : Apr 3, 2024

Sector

Venture Capital Fund

Project Description

 The proposed investment is an equity investment up to US$10.5M in 4DX Ventures III. L.P. (“4DX III” or “the Fund”). 4DX III is a US$100M (target) pan-African venture capital (VC) fund. The Fund will be managed by 4DX Ventures Management LLC (“4DX” or “the Manager”). 4DX III shall mainly make initial investments in pre-Series A stage and make follow-on investments through later stages. The Fund will be sector agnostic with investments in sectors such as climate tech, fintech, eCommerce, edtech, logistics, and healthtech sectors.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation