GoodSoil VC

GOODsoil VC is a venture capital firm founded in 2017 by Charmaine Hayden, Orla Enright, Ashley Thompson-MacCarthy, and Richard Mensah, based in London and Accra, Ghana. The founding team is 50% female and 75% Black, with all four partners being serial entrepreneurs committed to becoming catalysts of economic growth for minority founders across Africa and Europe. The firm partners with founders to build global, market-defying companies, funding diverse teams across Sub-Saharan Africa and Europe. GOODsoil fully deployed its flagship $67.5 million fund and has confirmed it will not raise a follow-on fund. The fund invested in early-stage technology companies at pre-seed and seed stages, deploying checks from 50,000 to 250,000 British pounds in agritech, fintech, food technology, SaaS, IoT, green energy, and access sectors. Portfolio companies include Zeepay (a Ghana-based mobile money fintech operating across 20-plus African markets, which received a $940,000 seed investment in December 2020 and a Series A in June 2021, and is the first indigenous company to receive an Electronic Money Institution license from the Bank of Ghana), BezoMoney (a Ghana fintech that received $200,000 seed funding in April 2021), and LivOH (entertainment software). The portfolio spans the UK, Ghana, and Estonia across approximately nine investments. GOODsoil's model combined targeted early-stage capital with a clear mission to increase minority founders' access to institutional venture funding in markets that have historically been underserved. Despite winding down its fund, the firm's website remains active as of 2026, and Zeepay stands as its most prominent portfolio success.