Novastar Ventures — Full Portfolio

Novastar Fund III (NVIII) portfolio company.

KBKarl Boyce(Founder)in

Co-investorsBRBritish International InvestmentIFIFCINInternational Finance CorporationMIMirovaNONorrsken22PRProparco

BasiGo provides electric buses designed for African public transport, along with a pay-as-you-drive leasing model that removes the high upfront cost of ownership and a charging and service network.

CleantechClimate TechMobility & TransportationClaymont, US

JGJonathan Green(CFO & Co-Founder)inAbhijit Bhattacharya(Executive Officer, Director)JBJit Bhattacharya(CEO & Co-Founder)inMNMoses Nderitu(Kenya Managing Director)inDODoreen Orishaba(Chief Product Officer)in

BoardAkira Wada(Director)

Co-investorsKEKeiki CapitalMOMobility 54MOMoxxie VenturesNINimble PartnersTHThird DerivativeTRTrucks VC+4 more

Jit Bhattacharya(Founder)Jonathan Green(Founder)

Breadfast is a delivery app offering groceries, fresh bakery items, fruits and vegetables, ready-to-eat meals, beauty, pharmacy, and household products, along with financial features like cashback and rewards.

ConsumerE-commerceFoodTechLogistics & Supply ChainMobility & TransportationCairo, EG

MHMuhammad Habib(Founder)inANAbdallah Nofal(Founder)inMAMostafa Amin(Founder)inAbdullah Nofal(Founder)

Co-investors4D4DX Ventures50500 GlobalOUOutliers VCPIPioneerSHShorooq PartnersVEVershina Capital+16 more

Chowdeck is a food delivery platform in Africa that connects customers with restaurants and delivery riders.

B2B MarketplacesConsumerFoodTechLogistics & Supply ChainMarketplacesLA, NG

FAFemi Aluko(Founder)inOOOlumide Ojo(Founder)inLYLanre Yusuf(Founder)inBabafemi Aluko(CEO / Co-founder)

BoardBWBrian Waswani Odhiambo(Director)in

Co-investorsBRBrighter CapitalGFGFR FundHOHoaQPAPalm Drive CapitalPIPioneerRORocketship.vc+14 more

Elephant provides digital health infrastructure for public healthcare systems in low- and middle-income countries, offering an offline-capable EHR (ElephantOS), clinical guidance tools (Elephant Nudge), and an AI-driven platform to integrate third-party healthcare tools into clinical workflows.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechUK, ZA

Michael D.(Founder)in

Co-investorsENEntrée CapitalGEGeneral CatalystLOLocalGlobeMAManta Ray VenturesPUPUSH Ventures

Provides hyper-local tropical weather forecasts via SMS to help farmers make smarter planting decisions.

Co-investorsFIFINCA Ventures

iProcure was a Nairobi-based agritech company that built a proprietary distribution platform connecting agricultural input manufacturers directly to agro-dealers in Kenya and Uganda, lowering prices for farmers by cutting out middlemen.

Co-investorsCECeniarthGRGrowthAfricaBRBritish International Investment

Komaza is a forestry company in Kenya that uses a smallholder microforestry model, partnering with thousands of small farmers to grow trees on distributed land pockets rather than large plantations.

AgTechClimate TechImpact & Social GoodNairobi, KE

THTevis Howard(Founder)inAyesha Wagle(Executive Officer)inJoris de Vries(Director)

BoardSBSteve Beck(Director)in

Co-investorsCECeniarth

MAX is a mobility fintech platform that provides financial services, vehicle ownership solutions, and support services to informal transport operators across Africa.

B2B MarketplacesCleantechClimate TechFintechLogistics & Supply ChainMobility & TransportationLagos, NG

Adetayo Bamiduro(Founder)Chinedu Azodoh(Founder)

Co-investorsALAlitheia CapitalBRBreakthrough Energy VenturesCACapria VenturesGOGoodwell InvestmentsOLOlive Tree CapitalSHShell Foundation+3 more

Nigerian mobility company financing, assembling and servicing electric two- and three-wheelers for Africa's commercial drivers.

Logistics & Supply ChainMobility & TransportationLagos, NG

Chinedu Azodoh(Executive Officer, Director)inABAdetayo Bamiduro(Executive Officer, Director)in

Co-investorsCACapria VenturesTETechstarsZRZrosk Investment ManagementENEndeavor CatalystGLGlobal VenturesLILightrock+2 more

MoKo manufactures and sells furniture, including TV stands designed with modern storage and display features for residential living rooms.

Advanced ManufacturingConsumerDirect to ConsumerE-commerceRetail TechNairobi, KE

Moneytor is an Indian software platform that automates debt collection workflows for lenders.

Fintech

Anubhav SinghAyush Srivastava

Co-investors50500 GlobalDUDuriansENEndeavor CatalystFMFMOGLGlobal VenturesOUOui Capital+1 more

Moniepoint provides banking, payments, credit, and cross-border payment services along with business management tools for African businesses and individuals, with a focus on MSMEs.

Enterprise SoftwareFintechSaaS

FIFelix Ike(Founder)inTETosin Eniolorunda(Founder)in

Co-investorsCACapria VenturesDEDevelopment Partners InternationalLELeapFrog InvestmentsNENew VoicesOUOui CapitalQEQED Investors+8 more

mPharma operates a network of pharmacies across Africa that uses technology to negotiate lower drug prices with manufacturers and manage prescription information and payments.

B2B MarketplacesDigital HealthHealthtechLogistics & Supply Chain

Daniel Shoukimas(Founder)Gregory Rockson(Founder)James Finucane(Founder)

Co-investors4D4DX VenturesBRBreyer CapitalOTOTVPEPeregrine VenturesTHThe Raba PartnershipTITimon Capital+4 more

Jay Kimmelman(Founder)

Co-investorsLELearn CapitalMAManta Ray VenturesNENew Enterprise Associates (NEA)NINimble PartnersRERethink Capital Partners

PayGo develops smart metering technology for liquefied petroleum gas (LPG) distribution, enabling pay-as-you-go billing for cookstove users in emerging markets.

CleantechEnergyHardwareIoTNairobi, KE

Fausto MarcigotMark O'KeefeNick Quintong

Penda Health operates a network of medical centers in Nairobi providing outpatient, home-based, specialist, and diagnostic care, along with telemedicine, to patients and corporate partners.

Digital HealthHealthtechNairobi, KE

Co-investorsFIFINCA VenturesGLGlobal Partnerships

Andy Halsall(Founder)Chris Rhodes(Founder)Michael Puchol(Founder)

Co-investorsSESeedstars Africa Ventures

Regen Organics produces organic fertilizer products to address food insecurity and climate change in emerging economies.

AgTechCircular EconomyClimate TechImpact & Social GoodKilifi, KE

AVAni Vallabhaneni(Co-founder and CEO)inDADavid Auerbach(Co-founder and President)in

Life Ride offers non-emergency medical transportation with door-to-door assistance for people with mobility challenges, including wheelchair users and those recovering from injury.

HealthtechLogistics & Supply ChainMobility & TransportationLivingston, US

Co-investorsKLKli CapitalBRBritish International InvestmentINInternational Finance CorporationMIMirovaNONorrsken22PRProparco

The Sanergy Collaborative is a network of partner organizations addressing the sanitation crisis in densely populated cities through a circular economy approach: building safe sanitation systems, collecting and treating waste, and upcycling it into products like organic fertilizer, ecofuels, and animal feed.

Circular EconomyCleantechImpact & Social GoodNairobi, KE

SOKO designs and sells jewelry made by artisans in Kenya, combining product design with ethical, sustainable production.

Direct to ConsumerE-commerceImpact & Social Good

Gwendolyn Floyd(Founder)

Co-investorsGRGrowthAfrica

Sistema.bio manufactures prefabricated, modular tubular biodigesters that convert animal dung into biogas for small and medium-sized farms.

AgTechCleantechClimate TechEnergyMexico City

AEAlexander Eaton(Executive Officer, Director, Promoter)inCamilo Pagés(Founder)in

BoardThibault Couturier(Director)Liesbet Mijlemans(Director)inMWMarcus Watson(Director)inJoyce Cacho(Director)

Co-investorsDIDila CapitalFAFactor[e] VenturesOPOpes Impact FundSHShell FoundationALAlphaMundi Group

San Francisco, US

Michael Ukpong(Founder)inRuke Awaritefe(Founder)Chukwunenye Onyekachi Izukanne(Executive Officer, Director)OIOnyekachi Izukanne(Founder)inMichael Ojo(Founder)Michael Ubadineke(Founder)

Co-investorsMSMSA NovoPAPartech VenturesSASahel CapitalHEHelios Digital VenturesINInternational Finance Corporation

Turaco provides embedded insurance products—including hospital cash, credit life, funeral, micro-property, and accident cover—that businesses can integrate to offer to their customers.

AI & Machine LearningFintechImpact & Social GoodInsurTechWilmington, US

Ted Pantone(Founder)Charles Welden(Director)Rachel Levenson(Director)Peter Gross(Founder)Brekly Pantone(Director)Peter Grossman(Founder)

Co-investorsAFAfricInvestAMAmbassadors Impact NetworkCACathay InnovationENEnza CapitalGLGlobal PartnershipsMEMercy Corps Ventures+3 more