Pearl Capital Partners is a venture capital firm based in Kampala, Uganda, with additional offices in Nairobi, Kenya, and Mauritius. Established in 2005, the firm specializes in investing in small and medium-sized agribusinesses in East Africa, particularly focusing on Uganda. Pearl Capital Partners typically invests between $0.25 million and $2.5 million per company, utilizing a mix of equity, quasi-equity, equity-related, and debt investments. The firm aims to generate financial returns while fostering significant social impact by collaborating with ambitious management teams and employing supportive investment structures and specialized expertise to cultivate high-growth agribusinesses.
Meru Greens Horticulture Ltd. produces and markets fruits and vegetables in Kenya and internationally. It provides fruits, such as pawpaw, oranges, water melons, yellow passion fruits, tomatoes, tree tomatoes, lemons, avocadoes, mangoes, apple mangoes, sweet/apple bananas, and bananas; vegetables that include fine beans, sugar snaps, snow peas, baby-corns, French beans, red and yellow pepper, sweet potatoes, pumpkins, red and white onions, green pepper, cassava, butternuts, and arrow roots; and other products.
Freshco Seeds
Debt Financing in 2013
Freshco, founded in 2000 and based in Nairobi, specializes in the production, processing, and distribution of high-quality seeds and planting materials aimed at the farming community in Kenya and the East and Central Africa region. The company offers a diverse range of products, including maize seeds, vegetable seeds, drought-tolerant crop seeds, and tree seeds. Freshco sources its germplasm from respected institutions such as the Kenya Agricultural Research Institute, the International Centre for Maize and Wheat Improvement, and other organizations under Material Transfer Agreements. Additionally, the company procures vegetable seeds from established global breeders and suppliers. Freshco also operates a seedling nursery, providing essential resources to small-scale farmers across the region.
Wilmar Flowers
Debt Financing in 2012
Wilmar Flowers Limited, established in 1995 and based in Thika, Kenya, specializes in the export of summer flowers cultivated by small and medium-sized farmers. The company engages over 4,000 farmers, organizing them into groups to enhance production efficiency. Wilmar Flowers offers a diverse range of floral products, including ornithogalum thyroides, ornithogalum saundersiae, mobydick asclepias, craspedia globosa, cyperus papyrus, ammi visnaga in both white and green varieties, eryngium planum, rudbeckia, polianthes tuberose, and scabiosa stellata. Focused on serving markets in Europe and the United States, Wilmar aims to provide fresh flowers at competitive prices while supporting local agricultural communities.
Dryland Seed
Private Equity Round in 2011
Dryland Seed Limited, founded in 2004 and based in Machakos, Kenya, specializes in the production and sale of drought-tolerant crop seeds suitable for dryland conditions. The company offers a range of seeds, including maize, beans, cowpeas, pigeon peas, sorghum, and green grams. By focusing on genetically modified varieties, Dryland Seed aims to enhance agricultural output in low and medium altitude arid and semi-arid land (ASAL) areas of Africa. The seeds are processed and distributed through a network of agro-dealers, ensuring that farmers in drought-prone regions have access to quality seeds that require minimal irrigation. Dryland Seed is dedicated to supporting cultivators by providing suitable seed varieties and reliable service.
Western Seed Company
Venture Round in 2010
Western Seed is a Kenya-based company whose mission is to address the lack of maize productivity among smallholder farms in East Africa. Using its hybrid seed varieties allows farmers to double crop yields and increase their income. In the last two growing seasons, Western Seed reached more than 300,000 farmers. By 2014, Western Seed hopes to impact 800,000 households which translates into more than 4 million people.
Western Seed Company
Private Equity Round in 2007
Western Seed is a Kenya-based company whose mission is to address the lack of maize productivity among smallholder farms in East Africa. Using its hybrid seed varieties allows farmers to double crop yields and increase their income. In the last two growing seasons, Western Seed reached more than 300,000 farmers. By 2014, Western Seed hopes to impact 800,000 households which translates into more than 4 million people.
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