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Mscale
Mscale LLC operates as an investment manager focused on early-stage companies and greenfield projects in the Caribbean, with an operating history that traces...
Mscale
Mscale LLC operates as an investment manager focused on early-stage companies and greenfield projects in the Caribbean, with an operating history that traces team expertise through venture capital, M&A, and climate infrastructure. The firm is led by CEO Ugo Ikemba, whose career spans fundraises totaling over US$300 million across Africa, North America, South America, and Europe. Mscale targets the Caribbean venture and climate ecosystems through a platform strategy that includes direct equity, quasi-equity, and technical assistance. Its flagship Caribbean Venture Capital Fund LP makes investments of USD 200,000 to USD 2 million in seed, start-up, and expansion-stage companies. The firm's website points to a portfolio that includes Sunterra Energy, Jamaica's largest solar farm — signaling a tangible climate-infrastructure mandate alongside general venture activity. The investment committee and technical-assistance committee draw on operators who have funded thousands of firms across Africa and the Caribbean, integrating capacity building into the deployment model. Geographic reach is anchored in Jamaica but targets the broader Caribbean region. Professional scale is undisclosed, but the disclosed team includes a fractional COO, a CTO, and a technical-assistance committee staffed by experienced regional operators and angel investors. Sandra Glasgow, a committee member, co-founded FirstAngelsJA, Jamaica's first angel investor network. The firm has no disclosed additional offices; however, its principals maintain active networks across North America, Africa, and Europe. A recent operational signal: the firm's website prominently features its investment in Sunterra Energy — Jamaica's largest solar farm — as a current flagship transaction. What structurally distinguishes Mscale is its hybrid model that pairs a pure-play venture fund with an embedded technical-assistance committee and an operating-partner-like COO function. This architecture matches the Caribbean's shallow SME-support infrastructure, where capital alone rarely suffices. The explicit inclusion of climate and greenfield projects alongside traditional venture stages makes the firm a genuine development-equity conduit rather than a simple regional VC.
General information
Firm type
Private Equity
Year founded
2022
AUM
Undisclosed
Location
Region
Latin America
Country
Jamaica
City
Kingston
Corporate office
Kingston, Jamaica
Principals
Ugo Ikemba
Chief Executive Officer
David Roberts
Chief Technology Officer
Sharon Roper
Fractional COO
Mokolade Adelusi
Investment Professional
Dami Doherty
Investment Committee
Sandra Glasgow
Technical Assistance Committee
Lisandra Rickards
Technical Assistance Committee
Michael Ezra de Jong
Sector focus
Frequently asked questions
Who runs investment decisions at Mscale?
CEO Ugo Ikemba leads the firm, supported by an investment committee that includes Dami Doherty, who has venture capital experience across West Africa. The firm also relies on a technical assistance committee for operational due diligence and portfolio support.
What is the Caribbean Venture Capital Fund LP?
It is Mscale's flagship fund, targeting early-stage and greenfield companies in Jamaica and the wider Caribbean. The fund makes equity and quasi-equity investments typically ranging from USD 200,000 to USD 2 million.
How does Mscale support companies beyond writing a check?
Mscale integrates a technical-assistance committee into its model, providing capacity building and mentorship. Committee members like Sandra Glasgow bring angel-investing and incubator experience, while the fractional COO delivers operational strategy and market development support.
Which sectors does Mscale explicitly target?
The firm focuses on venture capital and climate. Its disclosed investments and strategy cover technology startups, climate infrastructure, and greenfield projects, with Sunterra Energy — Jamaica's largest solar farm — cited as a core transaction.
What is Ugo Ikemba's track record?
Ugo Ikemba has over 20 years of experience across venture capital, private equity, and impact investing, and has been involved in raising four funds totaling over US$300 million. His career has spanned Africa, North America, South America, and Europe, with relationships across DFIs, pension funds, and sovereign wealth funds.
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