Five35 Ventures

Five35 Ventures is a Pan-African venture capital fund based in Mauritius. The firm backs female-focused, tech-enabled startups that build scalable systems and address key challenges across Africa. With a decade-long track record of venture building alongside female-led founding teams, it invests primarily in Seed stage companies through S.A.F.E. Notes or Convertible Notes, expecting portfolio companies to prepare for their next round within 6-18 months. From November 2021 to July 2023, Five35 Ventures participated in 7 funding rounds totaling $26.6M, focusing on Seed (5 rounds), Series B (1), and Venture (unspecified, 1). Investments targeted Health Tech (Kasha in Rwanda, Zuri Health in Kenya), Travel & Mobility (Buupass in Kenya, Shuttlers in Nigeria), Crypto & Web3 (Bitmama in Nigeria), Real Estate & Property (DigsConnect in South Africa), and AI & Analytics (Zindi in South Africa). Geographic preferences include Kenya (2), Nigeria (2), South Africa (2), and Rwanda (1). The firm frequently co-invests with partners like Launch Africa Ventures (4 rounds), Adaverse (2), and 54 Collective (2). Its approach emphasizes diversified portfolios of female-led, female-managed, and female-impacted companies to drive revenue, jobs, and economic participation.