Here’s the latest from our portfolio companies; and a few of our thoughts and ideas.
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MoKo raises $6.5M Series B funding
The home furniture manufacturer and omnichannel retaileras raises funds to embark on scaling up production and growing its product lines.
Nov 4th 2022
Where does African fintech go from here?
Brian Waswani Odhiambo, Novastar’s West Africa Director, gives an investor’s view on the development and future of African fintech.
Sep 29th 2022
Turaco closes Series A round
The $10m round was led by Novastar and AfricInvest Group.
Sep 19th 2022
mPharma acquires majority stake in HealthPlus
HealthPlus is the leading pharmacy chain in Nigeria.
Sep 19th 2022
iProcure closes $10.2m Series B funding
iProcure has completed a series B round which will enable it to scale its operations and enter into new markets.
Aug 19th 2022
Niraj takes on new role as CEO of iProcure
Niraj Varia has joined iProcure as the new CEO following his time at Novastar Ventures.
Aug 19th 2022