DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / N••• B•••••• C•••••• P•••••••
N••• B•••••• C•••••• P•••••••
Investor Login Growth equity for proven, tech-driven businesses in emerging markets Backing category leaders across Southeast Asia, Latin America, and Africa Our Approach Contact Us Emerging markets are driving the next wave of global growth. Dynamic, fast-growing, and digitally powered. N••• B•••••• C•••••• P••••••• invests in companies accelerating that shift, providing growth capital and strategic guidance. Led by former IFC …
growth or late-stage vehicles only
Importance
13
low
Active deployment
4
low
Emerging
68
high
Completeness
63
high
Freshness
99
high
Research priority
21
moderate
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 2028309825adviserinfo.sec.gov
- Website
- n•••••••••.capital
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Apr 2, 2026
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $25.0Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- investors@nextbillion.capitalnextbillion.capitalpublished by the subject
- business phone
- 2028309825adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- ai, healthcare
- Stages
- growth
- Geography
- africa, asia, emerging markets, global, latin america, southeast
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
1 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| N••• B•••••• D•••••• G••••• F••• I• S•• | Growth fund | unknown | Unknown | $25.0M Mar 8, 2024 | 9 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
15 current, 0 departed
J•••• M•••••
AssociateAssociate
C••••••••• S••••••••
Board or advisorySenior Advisor
T•••• B••••
Investor relationsHead of Investor Relations
K•••••• T•••••
Managing partnerManaging Member · since Nov 1, 2021
K•••••• T•••••
Managing partnerManaging Partner
R••••• B••••••
Managing partnerManaging Member · since Nov 1, 2021
R••••• B••••••
Managing partnerManaging Partner
F•••• S•••
PartnerPartner
V•••••••• T•••••
PartnerPartner
C••• M••••••
Venture partnerVenture Partner
K••••• T•••••••
Venture partnerVenture Partner
L••• M••••••
Venture partnerVenture Partner
S••••• D••••••
Venture partnerVenture Partner
T•••• L•• F••
Venture partnerVenture Partner
E••••• M••••
Vice presidentVice President
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| B•••••• | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
2 dated events
- Mar 8, 2024N••• B•••••• C•••••• P••••••• first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 8, 2024N••• B•••••• D•••••• G••••• F••• I• S•• first reported on Form ADV by N••• B•••••• C•••••• P••••••• (Venture Capital Fund), GAV $25,000,000Fund first reported on Form ADVFundsFactN••• B•••••• D•••••• G••••• F••• I• S••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Growth investor (confirmed, 95%, cls-1)growth or late-stage vehicles only
Evidence
45 observations from 3 sources
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | vc_exemption,vc_funds_reported | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC exemption claimed | venture_capital_fund_adviser | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC exemption claimed | venture_capital_fund_adviser | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| SEC adviser type | exempt_reporting_adviser | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC adviser type | exempt_reporting_adviser | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| First Form ADV filing | 2024-03-08 | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Latest Form ADV filing | 2026-04-02 | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Latest Form ADV filing | 2024-03-08 | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| SEC status | ERA - Active | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| SEC status effective | 2024-03-08 | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Venture share of reported funds | 1 | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Business phone | 2028309825 | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Business phone | 2028309825 | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Contact page url | https://n•••••••••.capital/ “contact page linked from the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Investor Login G••••• equity for proven, tech-driven businesses in emerging markets Backing category leaders across Southeast Asia, Latin America, and Africa Our Approach Contact Us Emerging markets are driving the next wave of global growth. Dynamic, fast-growing, and digitally powered. N••• B•••••• C•••••• P••••••• invests in companies accelerating that shift, providing growth capital and strategic guidance. Led by former IFC … “meta description” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Description | Investor Login G••••• equity for proven, tech-driven businesses in emerging markets Backing category leaders across Southeast Asia, Latin America, and Africa Our Approach Contact Us Emerging markets are driving the next wave of global growth. Dynamic, fast-growing, and digitally powered. N••• B•••••• C•••••• P••••••• invests in companies accelerating that shift, providing growth capital and strategic guidance. Led by former IFC … “meta description” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Self-described type | venture_capital “Venture capital and private equity strategist with expertise in investor relations, capital formation, and ESG and AI governance.” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Self-described type | venture_capital “Venture capital and private equity strategist with expertise in investor relations, capital formation, and ESG and AI governance.” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Legal form | Limited Liability Company | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Legal form | Limited Liability Company | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Portfolio page | https://n•••••••••.capital/ “1 entries read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Portfolio page | https://n•••••••••.capital/ “1 entries read” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Private funds reported | 1 | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Private funds reported | 1 | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Private fund gross assets (reported) | $25.0M | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Private fund gross assets (reported) | $25.0M | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Stated geography | africa,asia,emerging markets,global,latin america,southeast “geography words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated geography | africa,asia,emerging markets,global,latin america,southeast “geography words on the home page” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated sectors | ai,healthcare “sector words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated sectors | ai,healthcare “sector words on the home page” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated stages | growth “stage words on the home page” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Stated stages | growth “stage words on the home page” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Team page | https://n•••••••••.capital/ “13 name/title pairs read” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Team page | https://n•••••••••.capital/ “13 name/title pairs read” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Venture funds reported | 1 | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Venture funds reported | 1 | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Website | https://n•••••••••.capital/ | Apr 2, 2026 | Fact | SEC Form ADV monthly roster (registered + exempt reporting advisers) |
| Website | https://n•••••••••.com/ | Mar 8, 2024 | Fact | SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B) |
| Website resolved domain | n•••••••••.capital “https://n•••••••••.com/” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Website resolved domain | n•••••••••.capital “https://n•••••••••.com/” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Website resolved domain | n•••••••••.capital “https://n•••••••••.com/” | Sep 14, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Site title | Home - N••• B•••••• Capital “title tag” | Sep 16, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |
| Site title | Home - N••• B•••••• Capital “title tag” | Sep 15, 2026 | Fact | Venture organization websites (about, team, portfolio, thesis, news pages) |