Next Billion Ventures

Next Billion Capital Partners, often referred to as Next Billion Ventures, is a Washington D.C.-based venture capital firm with a clear strategic focus on early-to-growth stage technology companies operating in emerging markets. The firm's investment thesis centers on identifying and supporting innovative businesses that are addressing the needs and opportunities presented by the rapidly expanding digital economies in regions such as Africa, Southeast Asia, and Latin America. Their approach is rooted in the belief that these markets represent significant untapped potential for scalable tech solutions.

The firm typically deploys capital in the range of $5 million to $15 million for its initial investments, targeting companies that have demonstrated product-market fit and are poised for significant expansion. Next Billion Capital Partners manages a notable fund, with their first fund, Next Billion Ventures Fund I, having raised $100 million. This capital is strategically deployed to empower founders who are building foundational digital infrastructure and services, ranging from fintech and e-commerce to logistics and consumer services, designed to serve the burgeoning middle class and underserved populations in these high-growth regions.

With a portfolio that includes over 11 investments, Next Billion Capital Partners has backed several prominent companies that are reshaping their respective industries in emerging markets. Notable investments have included leading players in mobile money, B2B e-commerce, and digital credit, among others. The firm not only provides financial capital but also leverages its deep expertise and network to support portfolio companies through their growth journey, helping them navigate the complexities of scaling in diverse and dynamic environments. Their commitment extends beyond mere funding, aiming to foster sustainable growth and significant societal impact by enabling access to essential services for the "next billion" consumers.