“We look for ambitious founders who want to build billion-dollar category leaders,” said Adrian Fenty, who is also a managing general partner at MaC. Having raised $110m in its inaugural seed-stage fund, MaC intends to invest in 40 seed-stage companies across the world. Founder of Cross Culture Ventures and previously Investment Director at Intel Capital he has turned his expert hand to MaC Venture Capital. Marlon Nichols is a seasoned venture capitalist. Marlon Nichols, General Managing Partner – MaC Venture Capital The firm has committed to a diversity pledge, investing 1% of its profits to support organizations fighting for inclusion and racial equality.Ģ. “We like to invest outside of Silicon Valley,” says Ajao, “Base10 invests globally with portfolio companies in the US, Europe, Latin America and Africa.” Roughly 60% of the firm’s investments are in companies led by women or minority founders. The fund is the first Black-led VC firm to manage over $ 1 billion in assets. With a track record as a successful serial VC-backed entrepreneur, Ade co-founded Base10 in 2018 with TJ Nahigan. in Economics from Icade University in Spain and studied for a certificate in Machine Learning at Stanford. Ajao studied in Spain before embarking on an MBA at Stanford. ![]() ![]() Adeyemi Ajao, Managing Partner – Base10īorn to a Spanish mother and Nigerian father, Adeyemi Ajao, spent his formative years in Nigeria and Italy before his family moved to Spain when he was nine years old.
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