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Since 2019, Michael & Susan Dell Foundation has backed 3 African startups across 6 disclosed funding rounds totaling $53.1M, most heavily in Kenya and Fintech.
The Michael & Susan Dell Foundation is a charitable, non-profit private foundation established by the Dell family in 1999. It focuses on building pathways that change lives by advancing human opportunity through investments in education, health, and family economic stability. The foundation operates globally, with activities in Africa, India, Israel, and the United States. In Africa, the foundation has invested $53.1 million across six funding rounds from October 2019 to September 2024, primarily in Kenya and South Africa. It targets venture rounds (four instances) and Series B stages (two instances), with a focus on fintech (three investments), e-commerce and retail (two), and real estate and property (one). Companies backed include Kaleidofin in Kenya for inclusive lending, Sweepsouth in South Africa for on-demand home services, and DigsConnect in South Africa for student accommodation. The foundation collaborates with co-investors such as Oikocredit, Omidyar Network India, and Flourish Ventures in these rounds.
Data updated · Jul 29, 2026
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Michael & Susan Dell Foundation has backed 3 African startups across 6 disclosed funding rounds tracked on Liners, totaling $53.1M since 2019.
Mostly Venture (Round not Specified): 4 of its 6 tracked rounds are at that stage, followed by Series B (2).
Michael & Susan Dell Foundation's tracked rounds are concentrated in Kenya (3), South Africa (3).
Its tracked rounds lean toward Fintech (3), Services & Marketplaces (2), Real Estate & Property (1).
Michael & Susan Dell Foundation most often shares rounds with Oikocredit (2 shared deals), Omidyar Network India (2 shared deals), Flourish Ventures (1 shared deal).
The foundation has backed Kaleidofin in Kenya, Sweepsouth in South Africa, and DigsConnect in South Africa. These investments span fintech, e-commerce and retail, and real estate sectors. Total investment amounts include $13.8M and $15.0M in Kaleidofin, $11.0M and $3.3M in Sweepsouth, and one round in DigsConnect.