Adeyemi Ajao

Adeyemi 'Ade' Ajao is a Nigerian-Spanish serial entrepreneur turned venture capitalist who co-founded Base10 Partners, the first Black-led VC firm to surpass $1 billion in AUM. Before building Base10, he sold Tuenti (Spain's dominant social network) to Telefónica for ~$100M and co-founded Identified, acquired by Workday. In 2023, he became the first Black investor ever named to the Forbes Midas List, and his fund's portfolio includes Nubank, Figma, Instacart, and Rappi. His contrarian bet on automating the 'Real Economy' — logistics, food, healthcare, retail — has generated over $3 billion in portfolio returns.