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Overview

Novastar's Portfolio in Africa

Novastar has made over 2 notable investments in African startups. Their most recent investment was in mPharma, announced on January 5th, 2022.
Novastar's Latest news
AfricInvest and Novastar Ventures lead $10m Series A in Turaco - Africa Global Funds

Turaco receives Ksh. 1.2B in investment from Africinvest, Novastar Ventures & others - HapaKenya - HapaKenya

Ex-Novastar partner Niraj Varia takes on new challenge as CEO of Kenyan agtech iProcure - TechCrunch

TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa - TechCrunch

Novastar's Investment activity in Africa

With over $72M invested in African startups, their latest investment was a Series D round in mPharma, announced on January 5th, 2022, closing at $30M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series B
TradeDepot
NigeriaDec 06, 2021$ 42,000,000
Series D
mPharma
GhanaJan 05, 2022$ 30,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Novastar's Investment Distribution in Africa.

Novastar's currently has Startuup investments spread across the following location(s)

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