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Since 2015, DBL Partners has backed 2 African startups across 6 disclosed funding rounds totaling $375M, most heavily in Energy & Utilities.
DBL Partners is a venture capital firm based in San Francisco, California. Its public positioning describes it as an impact venture capital investor focused on companies that can deliver top-tier venture capital returns while enabling social, environmental, and economic benefits. In Africa, the firm’s recorded activity shows investments in Tanzania and Nigeria across venture, Series C, Series D, and other rounds. Its portfolio in the region includes ZOLAi in Tanzania and Andela in Nigeria, with activity concentrated in Energy and Utilities as well as HR and Talent.
Data updated · Sep 22, 2026
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DBL Partners has backed 2 African startups across 6 disclosed funding rounds tracked on Liners, totaling $375M since 2015.
Mostly Series D: 2 of its 6 tracked rounds are at that stage, followed by Series C (2).
Its tracked rounds lean toward Energy & Utilities (5), HR & Talent (2).
DBL Partners most often shares rounds with Helios Investment Partners (4 shared deals), Electron Capital Partners (2 shared deals), Vulcan Capital (2 shared deals).
DBL Partners is a venture capital firm. Its public messaging describes it as an impact venture capital investor that aims to back companies generating both returns and social, environmental, or economic benefits.
The companies listed in the Africa data are ZOLAi in Tanzania and Andela in Nigeria. These are the confirmed Africa-backed companies provided in the records.
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