Funding
Anchor fund commitment · Fintech

Five35 Ventures secures anchor backing through Africa Growth Fund

The commitment supports early-stage investment in African businesses with a focus on women’s economic participation.

By RoundOS Funding desk

Five35 Ventures secured an anchor investment from the Mennonite Economic Development Associates (MEDA) Mauritius Foundation, manager of the Mastercard Foundation Africa Growth Fund. Announced on December 5, 2025, the commitment had been secured in October. Its amount was not disclosed.

The backing builds on commitments from Five35’s 35’er Club and supports investment in early-stage businesses across East, West and Southern Africa. Five35 combines capital with governance, operational and market-access support for its portfolio companies.

Use of funds

Early-stage female-focused African businesses

Funding history

Anchor fund commitment · This roundUndisclosed

Sources

  1. Five35 Ventures raises funding to back female-led and women-focused startupstechcabal.com · Dec 5, 2025
  2. Five35 Ventures anchor investmentafricagrowthfund.org · Dec 8, 2025

Similar rounds

All Fintech rounds →
Supplya

Supplya helps Nigerian retailers source inventory from manufacturers and vendors, manage purchases and obtain interest-free financing for stock.

$5KTC Battlefield prize · Oct 30, 2026
Talky Labs

Talky Labs builds AI software that automates accounting and finance operations using each company’s own records and accounting criteria.

€1.5MPre-seed · Oct 29, 2026
Collective

An AI-based financial platform for solo businesses, combining bookkeeping, payroll, taxes and related financial services.

$100MSeries B and growth facility · Oct 29, 2026
Kalshi

Offers prediction markets on real-world events

$1BSeries G · Oct 29, 2026

Related