DX Ventures

DX Ventures, the venture capital arm of Delivery Hero, is dedicated to backing disruptive, founder-led companies worldwide. Since its inception, the fund has invested in a diverse portfolio, including notable startups like Flash Coffee, Glovo, Rappi, and Impossible Foods. These investments highlight its focus on industries such as on-demand services, food technology, fintech, logistics, and sustainable innovation. With a global mandate, DX Ventures seeks opportunities across North America, Europe, APAC, and Latin America. Their strategy emphasizes long-term partnerships with startups, leveraging Delivery Hero’s extensive network to provide strategic support and integration into its ecosystem. The fund is flexible in investment stages, participating in early-stage to growth-stage rounds, and typically writes checks from EUR 0.5 million to EUR 5 million. DX Ventures prefers proactive outreach to potential investees, often utilizing warm introductions from other VC funds or Delivery Hero’s global staff. They maintain a rigorous selection process, investing in about 1% of reviewed companies. The team, led by Managing Director Duncan McIntyre and Partner Brendon Blacker, brings deep industry expertise, aiming to build and scale transformative businesses. Based in Berlin, with a significant focus on the APAC region, DX Ventures continues to expand its portfolio, supporting startups that are poised to redefine their industries​