# DPI Venture Capital via the Nclude Fund: portfolio, investments and team

> DPI Venture Capital via the Nclude Fund is a vc firm. 1 investment on record, latest May 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/dpi-venture-capital-via-the-nclude-fund (Millionrounds; every figure on the page links to its filing or article)

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

# DPI Venture Capital via the Nclude Fund

Last cheque observed May 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

VC firm Quiet

Series C

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **549** days **00** hrs **00** min **00** sec

Median round **$13M** Rounds led **1 of 1**

Pitch DPI Venture Capital via the Nclude Fund

## DPI Venture Capital via the Nclude Fund highlights

- 01 1 rounds on record
- 02 Mostly Series C: 100% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2025** 1 round
- **May** **[Money Fellows](https://millionrounds.com/company/money-fellows)** Series C · EG · Disrupt Africa **$13M** *Led*

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 cheque

Series C

Median round joined **$13M** the round, not its cheque

Led 1 of 1 rounds **100%**

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

Rounds by stage said on their site

- Series C *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies DPI Venture Capital via the Nclude Fund put money into.

[**Money Fellows** $13M · May 2025](https://millionrounds.com/company/money-fellows)

## Quick answers about DPI Venture Capital via the Nclude Fund

### What does DPI Venture Capital via the Nclude Fund invest in?

DPI Venture Capital via the Nclude Fund invests most often at Series C (100% of the rounds on record).

### How active is DPI Venture Capital via the Nclude Fund?

1 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in May 2025.

### What has DPI Venture Capital via the Nclude Fund invested in recently?

Its most recent investments on record: Money Fellows (Series C, May 2025).

### How big are DPI Venture Capital via the Nclude Fund's cheques?

The median round it joins is $13M.

### Is DPI Venture Capital via the Nclude Fund investing now?

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

### What kind of investor is DPI Venture Capital via the Nclude Fund?

DPI Venture Capital via the Nclude Fund is a VC firm.

### Where does this information on DPI Venture Capital via the Nclude Fund come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=dpi-venture-capital-via-the-nclude-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=dpi-venture-capital-via-the-nclude-fund)
