VCs Raising Africa-focused Agriculture Fund

Golden Mean Capital, a San Francisco-based venture firm, is looking to raise $30 million for its inaugural fund focused on early stage agricultural startups in Africa. The firm is pitching U.S.-based and Canadian large family offices to raise the fund. It has not yet held a first close and the co-founders of the firm declined to disclose details about its fund-raising effort. Golden Mean, co-founded by former investment bankers William Silva and David Jeromin, looks to invest in startup agricultural opportunities in Africa that take advantage of native crops. Its first investment is $3 million in equity in Global Cheetah Palm Oil Ltd., a Ghana-based

19 May 2010•2 mins read
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