Base10 Advancement Fund IV

Base10 Advancement Fund IV is the fourth early-stage vehicle from San Francisco-based Base10 Partners, part of an $850M raise that lifted firm AUM to $2.6B. The fund backs seed and Series A companies applying AI to automate the "real economy" — logistics, healthcare, financial services and real estate. Founded by Adeyemi Ajao and TJ Nahigian in 2018, Base10 is one of the largest Black-led VC firms and ties fund economics to HBCU endowments through its Advancement Initiative.