Pearl Capital Partners

Pearl Capital Partners is a venture capital firm investing in small and medium-sized agribusinesses in East Africa, with a focus on Uganda. Founded in 2005, the company invests between $0.25 million to $2.5 million per company using a combination of equity, quasi-equity, equity-related, and debt investments.

David Wangolo

Investment Director

Past deals in Uganda

Newman Foods

Private Equity Round in 2022
Newman Foods is an agro-processing company based in Kampala that specializes in the production, export, and supply of a wide range of fresh agricultural products. The company focuses on manufacturing and marketing branded consumer foods, which are distributed through retail stores both locally and regionally. In addition to its domestic operations, Newman Foods is engaged in the aggregation and export of fresh fruits and vegetables to the European market. The company also promotes modern commercial farming by advising and encouraging local production, while emphasizing sustainable agricultural practices. Its product offerings include fresh produce, packaged food items, and processed chili sauces, catering to a variety of consumer preferences.

Enimiro

Private Equity Round in 2022
Enimiro operates a vertical supply chain management platform focused on connecting Ugandan smallholder farmers with local investors. Through its mobile app, Enimiro enables urban investors to support farming projects and earn proceeds while helping farmers increase harvests and diversify income sources.

Sausage King 3000 Uganda

Venture Round in 2021
Sausage King 3000 Uganda offers fresh and processed beef products to all income groups in Uganda. The company aims to produce quality meat products on the African Continent and to educate consumers about the value of sausages as a nutritious food option. In addition to serving local markets, Sausage King 3000 Uganda also serves international hotels and supermarkets.

Sekajja Agro Farms

Debt Financing in 2021
Sekajja Agro Farms Limited is a Kampala-based poultry farm that specializes in rearing day-old chicks until they reach maturity. The company distributes mature birds as live chickens and also offers dressed chicken to both informal and formal markets. In addition to its core poultry operations, Sekajja Agro Farms operates a feed mill, an abattoir, and a cold chain to ensure the quality and safety of its products. The company also has branded retail outlets, which further enhance its presence in the marketplace.

Sekajja Agro Farms

Private Equity Round in 2021
Sekajja Agro Farms Limited is a Kampala-based poultry farm that specializes in rearing day-old chicks until they reach maturity. The company distributes mature birds as live chickens and also offers dressed chicken to both informal and formal markets. In addition to its core poultry operations, Sekajja Agro Farms operates a feed mill, an abattoir, and a cold chain to ensure the quality and safety of its products. The company also has branded retail outlets, which further enhance its presence in the marketplace.

NASECO

Private Equity Round in 2020
NASECO (1996) Ltd. is a prominent seed company based in Kampala, Uganda, specializing in the production and trading of various agricultural seeds. Founded in 1996, the company primarily focuses on upland rice, cowpea, and maize seeds, while also offering a diverse range of products including soybean, sorghum, groundnut, finger millet, pearl millet, bush bean, sunflower, and sesame seeds. NASECO markets its seeds to non-governmental organizations both within Uganda and internationally, and distributes its products through wholesale and retail channels across the country. With operations in regions like Hoima district and a notable presence in Northern Uganda, Southern Sudan, and Eastern Congo, NASECO plays a significant role in enhancing agricultural productivity in the region.

Raintree Farms

Private Equity Round in 2019
Raintree Farms is an agricultural company based in Masindi, Uganda, founded in 2015. It specializes in growing and processing Moringa Oleifera crops, which are sold to the nutritional, beauty, and health markets as a source of vitamins and minerals. The company offers premium, organically certified leaf powder and oil tailored to client requirements. In addition to its core business, Raintree Farms provides programs such as the Secured Income Program and Moringa Cultivation Boot Camp to support farmers in earning a secure income from commercializing their land for Moringa Oleifera cultivation.

Chemiphar

Private Equity Round in 2019
Chemiphar (U) Ltd. is an accredited analytical laboratory and inspection company based in Kampala, Uganda, established in 1998. The company specializes in providing laboratory research and testing services, focusing on food safety and quality from farm to consumer. Chemiphar offers a range of inspection and testing services for various sectors, including food and beverages, pharmaceuticals, cosmetics, and seeds. Its services are particularly aimed at agribusinesses that need to comply with international standards for both export and local certification of their processed and value-added products. Through its comprehensive laboratory testing, Chemiphar helps clients ensure the safety and quality of their products.

Central Coffee Farmers Association

Private Equity Round in 2018
Central Coffee Farmers Association is a farmer-owned organization dedicated to supporting coffee farmers in Central Uganda. It focuses on establishing sustainable systems for poverty alleviation among its members through market-based agricultural practices. The association collects dried coffee beans, which are then cleaned, de-husked, and graded to achieve fair to average quality. This process enables farmers to access their desired products at affordable prices, thereby enhancing their economic viability and promoting better living standards within the farming community.

KK Foods

Private Equity Round in 2014
KK Fresh Produce Exporters Limited is a Ugandan based company whose primary business is the export of locally produced fresh vegetables and fruits to the European market. Its main exports produce are fresh chillies, hot pepper, ground nuts, bananas, okra, egg plants and which it freights to its wholesale clients in Europe. The business sources its fresh fruits and vegetables from smallholder farmers in central and western Uganda.

Biyinzika Poultry International

Private Equity Round in 2013
Established in 1991, Biyinzika Poultry International is a leading Ugandan company specializing in the sale of day-old chickens and supporting services. It operates hatcheries and a feed mill, producing poultry feeds and other livestock feeds at competitive prices.

Northern Uganda Agricultural Centre (NUAC)

Private Equity Round in 2012
NUAC is a large scale farm located in Nwoya District, Northern Uganda producing cereals for sale as seed and food grain in Uganda and the region. NUAC is pioneering mechanized production of soya, rice and maize in Northern Uganda and is currently farming just over 300 hectares of land. Our investment will provide NUAC with medium-term capital to increase its area under cultivation to over 1,000 hectares and scale up production of crops for both seed and commercial consumption.

Northern Uganda Agricultural Centre (NUAC)

Debt Financing in 2012
NUAC is a large scale farm located in Nwoya District, Northern Uganda producing cereals for sale as seed and food grain in Uganda and the region. NUAC is pioneering mechanized production of soya, rice and maize in Northern Uganda and is currently farming just over 300 hectares of land. Our investment will provide NUAC with medium-term capital to increase its area under cultivation to over 1,000 hectares and scale up production of crops for both seed and commercial consumption.

Farm Inputs Care Centre Uganda (FICA)

Private Equity Round in 2010
FICA Uganda is one of the largest seed businesses in Uganda. Founded in 2001, after the Ugandan seed industry was liberalized, it was the pioneer of privately-owned seed companies in Uganda. With three substantial farms and a large processing facility located in Masindi, FICA has the potential to produce 10,000 MT of seed per annum. FICA also works with more than 500 outgrowers to produce seed.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.