Mastercard Foundation Africa Growth Fund commits to Five35 Ventures
Five35 Ventures has secured an anchor investment from the Mastercard Foundation Africa Growth Fund, managed by MEDA.
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Five35 Ventures, a pan-African, female-focused, early-stage venture capital fund, has secured an anchor investment from the Mastercard Foundation Africa Growth Fund, managed by MEDA.
Five35’s sixteen-company portfolio spans fintech, agriculture, health, logistics, and climate innovation.
“From the outset, our goal has been to build an investment firm defined by integrity, rigour, and results,” said Hema Vallabh, founding partner at Five35 Ventures. “We take a measured approach, backing ventures that demonstrate both traction and transparency, and holding ourselves to the same standards.”
“What excites us about Five35 is how clearly it unites purpose and performance,” said Dr. Dorothy Nyambi, president and CEO of MEDA. “It’s rewriting the story of women entrepreneurs in Africa by backing them early, strengthening governance, and turning that conviction into real outcomes – growing companies, attracting follow-on capital, and creating jobs at scale.”
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