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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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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