About MEDA
MEDA is a venture capital firm founded in 1953. It is primarily based out of United States. As of Jul 2022, MEDA has invested in 2 companies. It primarily invests in Conventional Debt round in Canada based startups. Its investments are spread across Real Estate and Construction and Retail sectors. Most recently it participated in the $***** Conventional Debt round of XLFeet Overall, MEDA portfolio has seen 1 IPO, namely Ashiana Housing. Venture Bank co-invest with MEDA, sharing a substantial percentage of its portfolio. MEDA has team of 46 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Conventional Debt & Grant (prize money)
Portfolio IPOs
MEDA's List of All Investments
MEDA has a portfolio of 2 companies. Their most notable investments are in Ashiana Housing and XLFeet.Their portfolio spans across Canada and India. They have invested in Real Estate and Construction, Retail, across Conventional Debt, Grant (prize money) stages. Here is the list of all investments by MEDA:Key facts about Ashiana Housing
- Founded Year: 1979
- Location: Delhi (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Stage: Public
- Employee Count: 1,224 as on Aug 31, 2026
- Investors: WestBridge Capital, Goldman Sachs and 2 Others
- Latest Funding Round: Grant (prize money), Dec 11, 2015, $*****
- Highlight: Public
MEDA's Year-on-Year Investment Trends
MEDA has invested in XLFeet in 2022 and Ashiana Housing in 2015. Its most recent first time investment was in XLFeet.MEDA's Investments by Stage
MEDA has made 1 investment in Conventional Debt stage with an average round size of $90K and 1 investment in Grant (prize money) stage with an average round size of $52.4K.MEDA's Investments by Sector
MEDA has a diverse portfolio, with companies operating in the Real Estate and Construction and Retail.MEDA's Investments by Geography
MEDA has made most investments in Canada (1), followed by India where it has made 1 investment.MEDA's recent investments
MEDA has not made any investment in 2026 so far.Here are the most recent investments by MEDA:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 01, 2022 | Canada | Conventional Debt | 7515 | ||
Dec 11, 2015 | India | Grant (prize money) | 1421 | - |
IPOs and Publicly Listed companies in MEDA's Portfolio
1 of MEDA's portfolio company became public - Ashiana Housing. It got listed on the Bombay Stock Exchange (BSE), in Jun 2001.Here are MEDA's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 25, 2001 | Dec 11, 2015 | Grant (prize money) | 1844 |
Team profile of MEDA
MEDA has a team of 46 members including 6 Partners and 33 Principals located in Kenya, Canada and 8 more locations. MEDA's team does not sit on the board of any company as of now.Here is a list of top team members in MEDA:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Kitchener | - | ||
Partner | Accra | - | ||
Partner | Nairobi | - | ||
Partner | Kitchener | - | ||
Partner | Tanzania | - | ||
Partner | Thies | - | ||
Principal | Ottawa | - | ||
Principal | Canada | - | ||
Principal | Toronto | - | ||
Principal | Washington, DC | - | ||
Principal | Nairobi | - |
Co-investors of MEDA
Over the past 11 years, 5 investors have co-invested in MEDA's portfolio companies. This includes only funds.
- Invested before MEDA: Creador, Goldman Sachs and 2 others have invested in rounds before MEDA. There is 1 company where Creador has invested before MEDA and 1 company where Goldman Sachs has invested before MEDA.
- Top Co-investors of MEDA: Venture Bank entered a company along with MEDA.
Recent News related to MEDA
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Sahel Capital Secures $10M from Mastercard Foundation to Scale Agri-SMEs Across AfricaTechgist Africa•Sep 05, 2025•Africa Growth Fund, Sahel Capital, MEDA
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SEFAA receives $10M investment to expand agri-SME support in AfricaInnovation-village•Aug 20, 2025•MEDASF Organization, Africa Growth Fund, Sahel Capital, MEDA and 1 other
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Abanga Farms partners with MEDA to revolutionize rice productionBusiness and Financial Times•May 09, 2024•MEDA, Abangafarms
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MEDA launches project to advance women’s economic empowerment in Central AmericaMEDA•Aug 23, 2022•MEDA
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MEDA launches a new project in Kenya to provide crucial economic support for businessesMEDA•Jun 24, 2022•MEDA
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