Novastar Africa Impact

Novastar

vc$147MCo-investsLeads rounds

◆ Fund Size

$147M

◆ Check Size

$1.0M→$8.0M

◆ Location

Kenya

◆ Links

Website ↗

◆ Investment Thesis

Impact investing across Africa fueled by Japanese limited partners.

◆ About Novastar

Novastar Ventures is a leading Africa-focused venture capital firm that invests in technology-led businesses addressing basic needs like food, mobility, financial access, and climate challenges for low-income populations while delivering financial returns and environmental impact. The firm partners with bold entrepreneurs transforming markets across the continent through scalable models. Its latest Fund III, closed at $147 million, expands to pan-African deployment with ticket sizes from $1-8 million.

◆ Sectors

Other

◆ Stages

seed

◆ Geography Focus

Africa

◆ Notable Investments

BreadfastChowdeckGreenwheelsARC RideMoPhonesSistema.bio

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does Novastar Africa Impact invest in?

Novastar Africa Impact invests in Other at the seed stage.

Which geographies does Novastar Africa Impact focus on?

Novastar Africa Impact focuses on Africa, and is headquartered in Kenya.

What is Novastar Africa Impact's typical check size?

Novastar Africa Impact typically writes checks of $1M to $8M.