Novastar Ventures Overview

  • Investor Type
  • Venture Capital
  • Status
  • Active
  • Professionals
  • 9
Professionals
  • Investments
  • 28
  • Portfolio
  • 16
  • Exits
  • 2
Exits

Novastar Ventures General Information

Description

Founded in 2014, Novastar Ventures is a venture capital management company managing two venture funds (vintage 2014 and 2018) with more than $200m of committed capital. With advisory offices in the entrepreneurial hubs of Nairobi and Lagos, Novastar backs African start-ups that address proven demand for basic goods and services with innovative business models that widen access, improve quality, and lower cost for the mass market in these emerging economies. The fund targets businesses where positive social impact for low-income households is a natural byproduct of their commercial success.

Contact Information

Year Founded
2014
Investor Status
Actively Seeking New Investments
Primary Investor Type
Venture Capital
Other Investor Types
Impact Investing
Primary Office
  • 4th Floor, 19 Bank Street
  • Cybercity
  • Ebene, 72201
  • Mauritius

Novastar Ventures Investments (28)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Komaza 14-Jul-2020 Later Stage VC 000.00 Forestry Development/Harvesting Generating Revenue 00000 0000 00.0
0000 19-May-2020 00000 00000 Internet Retail Generating Revenue 00000 0000 00.0
0000000 10-Apr-2020 00000 00000 000.00 Enterprise Systems (Healthcare) Generating Revenue 000000 0000000000
000.00 20-Jun-2019 00000 00000 000 Automotive Generating Revenue 00000 00000000
0000 00000 30-May-2019 00000 00000 00.000 Electrical Equipment Generating Revenue 000000 0000000000
00000000 19-May-2019 00000 00000 00.00 Business/Productivity Software Generating Revenue 00000 00000
0000000 10-Jan-2019 00000 00000 00.00 Enterprise Systems (Healthcare) Generating Revenue 000000 0000000000
000000000 0000 02-Oct-2018 00000 00000 000 Cultivation Generating Revenue 000000 0000000000
Poa! Internet 28-Sep-2018 Early Stage VC 0000 Internet Service Providers Generating Revenue 000000 0000000000
PayGo Energy 29-Aug-2018 Early Stage VC 00.00 Gas Utilities Generating Revenue 00000 00000
You’re viewing 10 of 28 investments. Get the full list »
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Novastar Ventures Exits (2)

Company Name Exit Date Exit Type Exit Size
Hivisasa 29-Jan-2020 Out of Business
0-0000 000000000 00000000
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Novastar Ventures Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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Novastar Ventures Team (13)

Name Title Deals Funds Boards Office
Andrew Carruthers Co-Founder and Managing Director 00 0 0 Nairobi, Kenya
Steve Beck Ph.D Co-Founder & Managing Director 0 0 0 London, United Kingdom
Niraj Varia Investment Director & Partner 0 0 0 Nairobi, Kenya
Sapna Shah Investment Director 0 0 0 Nairobi, Kenya
Eunice Mathu Executive Assistant Ebene, Mauritius
You’re viewing 5 of 13 team members. Get the full list »