# 4DX Ventures: portfolio, investments and team

> 4DX Ventures is a vc firm based in Ghana. 7 investments on record, latest Aug 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/4dx-ventures (Millionrounds; every figure on the page links to its filing or article)

Ghana · [Investor](https://millionrounds.com/investors)

# 4DX Ventures

Filed with the SEC to raise a fund in Sep 2025, closing $4M. Last cheque observed Aug 2025.

Email

Quiet New fund $4.3M, Sept 2025 VC firm

Pre-seed Seed Series A Apps Bitcoin E-Commerce

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **445** days **00** hrs **00** min **00** sec

Median round **$6.4M** Rounds led **3 of 7** Mostly in **Egypt, 57%**

Pitch 4DX Ventures

## 4DX Ventures highlights

- 01 7 rounds on record
- 02 Mostly Series A and Pre-seed: 60% of its rounds
- 03 Led 3 rounds

## What they do

> 4DX Ventures is a Pan-Africa Focused Venture Capital Firm. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Apps Bitcoin E-Commerce
- **Based in:**. Accra, Ghana
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2025** 4 rounds
- **Aug** **[HoneyCoin](https://millionrounds.com/company/honeycoin)** Seed · KE · Disrupt Africa **$4.9M** With 9 others
- **Aug** **[Suplyd](https://millionrounds.com/company/suplyd)** Series A · EG · Disrupt Africa **$2.0M** *Led*
- **Jul** **[PALM](https://millionrounds.com/company/palm)** Pre-seed · EG · Disrupt Africa **Undisclosed** *Led*
- **Feb** **[Taager](https://millionrounds.com/company/taager)** Series B · EG · Disrupt Africa **$6.8M** With 7 others
- **2019** 2 rounds
- **Sept** **[MaxAB](https://millionrounds.com/company/maxab)** EG · TechCrunch **$6.0M** *Led*
- **Jan** **[Swarm](https://millionrounds.com/company/swarm)** Series A · US · FinSMEs **$25M** With 3 others
- **2018** 1 round
- **Oct** **[Flutterwave](https://millionrounds.com/company/flutterwave)** NG · Disrupt-africa **$10M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

DM **Daniel Marlo** Managing Member i Filing they signed

PS **Peter Seiler Orth** Managing Member i Filing they signed

RA **Raaid Ahmad** Managing Member i Filing they signed

WN **Walter Nii-Latieku Baddoo** Managing Member i Filing they signed

We also hold **17** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$217M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** 4dx Ventures Management, LLC
- **SEC number:** CRD 308978

## What they claim to have backed

From their own portfolio page (on their website)

**28** of 50 we have independently watched raise

[Abwaab](https://millionrounds.com/company/abwaab)[Aetherbio](https://millionrounds.com/company/aether-bio)[Andela](https://millionrounds.com/company/andela)[Andofoods](https://millionrounds.com/company/ando-foods)[Autochek](https://millionrounds.com/company/autochek)[Bosta](https://millionrounds.com/company/bosta)[Breadfast](https://millionrounds.com/company/breadfast)[Carta](https://millionrounds.com/company/carta)[Eksab](https://millionrounds.com/company/eksab)[Flutterwave](https://millionrounds.com/company/flutterwave)[Honeycoin](https://millionrounds.com/company/honeycoin)[Jetstreamafrica](https://millionrounds.com/company/jetstream-africa)[Maxab](https://millionrounds.com/company/maxab)[Moneyfellows](https://millionrounds.com/company/money-fellows)[Ndovu](https://millionrounds.com/company/ndovu)[Nestcoin](https://millionrounds.com/company/nestcoin)[Nomba](https://millionrounds.com/company/nomba)[Nowpay](https://millionrounds.com/company/nowpay)[Sendbox](https://millionrounds.com/company/sendbox)[Suplyd](https://millionrounds.com/company/suplyd)[Taager](https://millionrounds.com/company/taager)[Thefoodlab](https://millionrounds.com/company/the-food-lab)[Thndr](https://millionrounds.com/company/thndr)[Tizeti](https://millionrounds.com/company/tizeti)[Tushop](https://millionrounds.com/company/tushop)[Wasoko](https://millionrounds.com/company/wasoko)[Wowzi](https://millionrounds.com/company/wowzi)[Yoco](https://millionrounds.com/company/yoco) Floatpays Franc Freshsourceglobal Getcashi Getkoinz Kamelpay Kingdomsupercultures Mamopay Minly Mophones Mpharma Mycarepoint Papslogistics Risevest Simplifipay Trella Triply Usekaya Valify Withpalm Zeno Zoiehealth

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$4.3M**

raised in Sept 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$6.4M** the round, not its cheque

Led 3 of 7 rounds **43%**

- **Sole investor:** Never alone
- **Last cheque:** Aug 2025

Rounds by stage said on their site

- Series A said *2*
- Pre-seed said *1*
- Seed said *1*
- Series B said *1*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [BECO Capital](https://millionrounds.com/fund/beco-capital) 2
- [Plus Venture Capital](https://millionrounds.com/fund/plus-vc-vc) 2

**Pitching 4DX Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as 4DX Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**BECO Capital** VC firm **2** rounds together](https://millionrounds.com/fund/beco-capital)[**Plus Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/plus-vc-vc)

## Recently backed

The latest companies 4DX Ventures put money into.

[**HoneyCoin** $4.9M · Aug 2025](https://millionrounds.com/company/honeycoin)[**Suplyd** $2.0M · Aug 2025](https://millionrounds.com/company/suplyd)[**Taager** $6.8M · Feb 2025](https://millionrounds.com/company/taager)[**MaxAB** $6.0M · Sept 2019](https://millionrounds.com/company/maxab)[**Swarm** $25M · Jan 2019](https://millionrounds.com/company/swarm)[**Flutterwave** $10M · Oct 2018](https://millionrounds.com/company/flutterwave)

## Quick answers about 4DX Ventures

### What does 4DX Ventures invest in?

4DX Ventures invests most often at Series A and Pre-seed (60% of the rounds on record), in sectors such as Apps, Bitcoin and E-Commerce.

### How active is 4DX Ventures?

7 investments on record, 0 of them in the last 12 months, and it led 3. The most recent was in Aug 2025.

### What has 4DX Ventures invested in recently?

Its most recent investments on record: HoneyCoin (Seed, Aug 2025), Suplyd (Series A, Aug 2025) and PALM (Pre-seed, Jul 2025).

### How big are 4DX Ventures's cheques?

The median round it joins is $6.4M.

### Does 4DX Ventures lead rounds?

Yes: it led 3 of its 7 investments on record (43%).

### Where does 4DX Ventures invest?

Most of the companies it backs are in Egypt (57%), Kenya (14%) and the United States (14%).

### Is 4DX Ventures investing now?

No investments in the last 12 months; the latest was in Aug 2025.

### Who does 4DX Ventures invest alongside?

Most often BECO Capital (2 rounds together) and Plus Venture Capital (2 rounds together).

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