Base10 Partners Led By Adeyemi Ajao Becomes First Black-Led VC Firm To Cross $1 Billion AUM With New Fund.
Base10 now has $1.3B in assets under management, just three and a half years after announcing our debut $137M Fund I.
The venture capital industry as a whole raised $128B in 2021.
Base10 is the first black-led fund to cross that $1B threshold, an encouraging and phenomenal achievement.
Adeyemi Ajao says Base10 believe that a world, empowered by technology, in which the 99% have as many opportunities as the 1% to build things that benefit us collectively, is a better world for all of us, and one worth working towards.