
Novastar Ventures
Investment Thesis
Novastar Ventures: A Catalyst for African Innovation 🚀 Specializing in Venture and Series B rounds, Novastar Ventures has backed leading African startups like Penda Health, M-Farm, and TeamApt. Known for their: * Depth of expertise in African markets * Strong network across the continent * Focus on empowering local entrepreneurs driving transformative change #AfricanInnovation #VentureCapital
Portfolio Preview
A sample from 18 verified portfolio companies.

Breadfast
Breadfast is your one-stop shop for bakeries, groceries, fruits & veggies!

MAX.NG
MAX (Metro Africa Express) is on a mission to fix Africa’s notorious last-mile delivery and online-retail problems.

Chowdeck
Bringing Nigerian cuisine to your doorstep with ease.

Sistema.bio
Sistema.bio is a hybrid reactor biodigester that transforms the manure of animals into biogas and a potent, natural fertilizer.

BasiGo
BasiGo is a Kenyan early-stage e-mobility start-up creating the future of clean, electric public transit in Africa.

MoKo Home + Living
MoKo Home + Living is a Kenyan manufacturer and retailer of home furniture products.
Novastar Ventures: quick facts
- Which startups has Novastar Ventures invested in?
- Novastar Ventures has backed at least 18 African startups, including Breadfast, MAX.NG, Chowdeck, Sistema.bio, BasiGo and 13 others.
- What stages does Novastar Ventures invest in?
- Novastar Ventures invests at the Series B, Series A, Seed, Pre-Series C and Series C stages.
- Which sectors does Novastar Ventures invest in?
- Its portfolio spans Financial Services, Agriculture, Logistics, Transportation, Supply Chain Management and Information Technology & Services.



