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Since 2019, Michael & Susan Dell Foundation has backed 3 African startups across 5 disclosed funding rounds totaling $43.1M, most heavily in South Africa and Fintech.
The Michael & Susan Dell Foundation is a charitable, non profit private foundation established by the Dell family in 1999. It is based in Austin, Texas, and focuses on building pathways that change lives by advancing human opportunity through investments in education, health, and family economic stability. The foundation operates globally, including activity in Africa, India, Israel, and the United States. In Africa, the Michael & Susan Dell Foundation has been an active impact investor between October 2019 and September 2024, committing approximately 53.1 million dollars across six funding rounds. Its activity in the region focuses on venture and Series B stages, with four venture rounds and two Series B rounds. The foundation’s Africa portfolio emphasizes fintech, services and marketplaces, and real estate and property, with investments concentrated in Kenya and South Africa. Within this African portfolio, the foundation has backed Kaleidofin in Kenya, which offers inclusive lending and credit decisioning for underbanked customers, as well as Sweepsouth and DigsConnect in South Africa. Sweepsouth provides trusted home and care services on demand, and DigsConnect helps students find verified accommodation near campus. These investments reflect the foundation’s focus on financial inclusion and improved access to essential services and opportunities for low income communities.
Data updated · Sep 7, 2026
Michael & Susan Dell Foundation has backed 3 African startups across 5 disclosed funding rounds tracked on Liners, totaling $43.1M since 2019.
Mostly Venture (Round not Specified): 4 of its 5 tracked rounds are at that stage, followed by Series B (1).
Companies Michael & Susan Dell Foundation has backed operate in South Africa (3), Kenya (2). Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Fintech (2), Services & Marketplaces (2), Real Estate & Property (1).
Michael & Susan Dell Foundation most often shares rounds with Flourish Ventures (1 shared deal), Oikocredit (1 shared deal), Omidyar Network India (1 shared deal).
The Michael & Susan Dell Foundation is a charitable, non profit private foundation established by the Dell family in 1999. It focuses on advancing human opportunity through investments in education, health, and family economic stability, and operates globally, including in Africa, India, Israel, and the United States.
Between October 2019 and September 2024, the Michael & Susan Dell Foundation invested approximately 53.1 million dollars across six funding rounds in Africa. These investments were primarily in Kenya and South Africa, with three rounds in each country.
The Michael & Susan Dell Foundation has backed Kaleidofin in Kenya, and Sweepsouth and DigsConnect in South Africa. Kaleidofin focuses on inclusive lending and credit decisioning for underbanked customers, Sweepsouth offers trusted home and care services on demand, and DigsConnect helps students find verified student accommodation near campus.
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