Tag: Novastar
European LP allocates 100% of Africa capital to funds
A Switzerland-based development finance institution allocated all of its Africa commitments to funds in 2020, with the continent also attracting most of its capital...
Novastar seals follow-on deal
Novastar Ventures has sealed a follow-on deal, backing its Kenya-based agriculture inputs production portfolio company.
The investor has backed an undisclosed investment round in Sanergy.
Novastar...
Novastar in LP co-invest deal
Novastar Ventures’ has sealed a follow-on deal, backing its Kenya-based agriculture production portfolio company – in a co-investment deal with two of its LPs.
The...
LP & GP back COVID-19 tests company
A GP & LP have delivered a co-investment deal to back a company that is working on distributing coronavirus disease 2019 (COVID-19) test kits...
GP misses fund target
Novastar Ventures has steered its sophomore regional vehicle to final close, missing its target by about 10%. The number of LPs in the fund...
Novastar expects Q2 final close
Novastar Ventures is working towards the final close of its Africa-focused financial services-dedicated vehicle – expected by April 2020.
The East Africa fund manager is...