Fund raise
Novastar Ventures
Novastar Ventures closes $147 million fund for African startups
Amount
$147m
Round or stake
n/a
First reported
2026-03-31
Verification
Corroborated
4 independent reports
Parties
- Novastar Ventures gp
- Proparco lp
Sources (4)
- Novastar Ventures closes $147 million fund for African startups · TechCabal · 2026-03-31
- Novastar Ventures closes $147 million third fund to drive pan-African ambitions · Techpoint Africa · 2026-03-31
- Novastar fund reaches final close at $147m · Africa Private Equity News · 2026-04-01
- Proparco commits $5m to Novastar fund · Africa Private Equity News · 2026-04-29
See the full picture
Comparable deals and valuations, every investor's track record, the company's history and alerts when something changes, across all 54 African countries. Free to start.
Built from public reports. Figures are as reported and may be revised; report a correction to info@deal-intelligence.app.