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Nclude VC Fund

vc$112MCo-investsLeads rounds

◆ Fund Size

$112M

◆ Check Size

$0.5M→$10.0M

◆ Location

Egypt

◆ Activity

Statusactively investing

◆ Links

◆ Share this fund

◆ Investment Thesis

Invests across Africa and the Middle East in fintech, fintech-enabled businesses, financial inclusion plays, and companies at the intersection of fintech, artificial intelligence, and other emerging technologies. The strategy includes affordable insurance, healthcare access, SME credit, and products that help individuals save and invest. Nclude invests from seed through Series C, with typical investments of USD 500,000 to USD 10 million. Egypt remains the core market, while up to 30% of the mandate may be deployed elsewhere in the region.

◆ About Nclude

Egyptian fintech-focused venture capital fund launched in 2022, now under management of Development Partners International. Invests in fintech, financial inclusion, and fintech-enabled businesses across seed to Series C stage.

◆ Sectors

Fintech

◆ Stages

seedseries-aseries-bseries-c

◆ Geography Focus

EgyptAfricaMiddle East

◆ Team

NameTitleRoleLinks
Ashley LewisManaging Partner and Head of DPI Venture Capital—

◆ Notable Investments

NawyPaymobFlapKapMoney FellowsKeraAccord Partners

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does Nclude VC Fund invest in?

Nclude VC Fund invests in Fintech at the seed, series-a, series-b and series-c stages.

Which geographies does Nclude VC Fund focus on?

Nclude VC Fund focuses on Egypt, Africa and Middle East, and is headquartered in Egypt.

What is Nclude VC Fund's typical check size?

Nclude VC Fund typically writes checks of $0.5M to $10M.