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Raising Capital for Your Venture? – Questions to Consider

We receive inquiries and requests for funding every day of the week. Meeting entrepreneurs, understanding their plans and dreams is a core part of our day-to-day work. We love it. We’re inspired by the creativity, ambition and character of entrepreneurs working to solve big problems in...

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Novastar Adds Three Ventures to the Portfolio

VC fund backs Paygo Energy, Lynk Jobs and iProcure in Q2 2017 In April, Novastar anchored a seed round in PayGo Energy, a Nairobi-based distribution service that harnesses the power of pay-as-you-go-technology to unlock clean energy for those who cannot otherwise afford it. PayGo’s smart metering...

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What Novastar Looks for in Entrepreneurs

Introduction Novastar is a venture capital fund manager dedicated to supporting exceptional entrepreneurs building innovative businesses to profitably serve aspiring mass market consumers in East Africa. These ‘New Entrepreneurial Stars’ are catalysts for innovation, accountability, efficiency and accumulation of wealth for the common good. We manage an...

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Novastar Ventures holds final close on target at $80 million

VC fund backs early & growth stage ventures in East Africa On September 30th, Novastar welcomed FISEA, an investment fund advised by French development finance institution PROPARCO, as the final partner in Novastar Ventures East Africa Fund I LP. FISEA joins fellow European development finance institutions...

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news-solarnow

Solarnow closes equity funding round with Novastar Ventures & Acumen

Kampala, 10/10/2014 For Immediate Release €2 million equity investment lays groundwork for scaling renewable energy asset finance and distribution in East Africa SolarNow, the Uganda-based solar asset finance company, has closed its most recent equity round, raising €2 million from Novastar Ventures and Acumen, to help meet massive...

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