DFS Labs

Digital Financial Services Lab (DFS Lab) is a research-driven venture capital firm dedicated to supporting African entrepreneurs who are leveraging technology to redefine the future of digital commerce on the continent.
DFSLAB.NET

Key Highlights:

Investments: Since 2019, DFS Lab has been a high-conviction investor, specializing in African digital commerce. They invest at very early stages and provide tailored, practical support to their portfolio companies.
DFSLAB.NET

Portfolio:

Number of Companies: Over 30
Countries Represented: 10
Female Representation in Founding Teams: 40%
DFSLAB.NET
DFS Lab's mission is to back entrepreneurs who are using technology to redefine the future of African digital commerce.

To apply to DFS Lab, a research-driven venture capital firm focusing on African digital commerce, you can follow these steps:

Open Application Process:

DFS Lab accepts applications on a rolling basis. You can submit your application through their official website.
DFSLAB.NET
Venture Scout Referrals:

DFS Lab collaborates with a network of venture scouts who can refer promising startups for consideration. If you're connected with one of their scouts, you might seek a referral through them.
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Eligibility Criteria:

Stage: DFS Lab often provides the first external funding for startups, typically before a formal pre-seed round. They prefer companies with at least a compelling minimum viable product (MVP) and substantial user feedback.
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Post-Selection Process:

Selected startups receive an initial investment of $25,000, with the possibility of additional funding in the future.
DFS Lab assists in building a solid foundation for your startup, including creating materials to validate your vision.
They introduce teams to a network of investors interested in supporting cohort companies.
Over a 4-6 month period, DFS Lab collaborates with your team to develop a growth plan aimed at securing subsequent financing rounds.