About Novastar Ventures
Novastar is a venture catalyst firm assisting the next generation of exceptional entrepreneurs who are designing and executing innovative business models to profitably serve East Africa’s aspiring mass market.
We focus on East and West Africa
These ‘New Stars’ are the catalysts for innovation, accountability, efficiency and the accumulation of wealth for the common good.
While we are managing a pool of capital, we do not think of ourselves primarily as fund managers. The fun and focus of our work is partnering with entrepreneurs to help bring ideas to life and multiply their impact.
What We Look For
Entrepreneurs with the character, competence and ambition to build businesses that can transform markets and grow rapidly to scale…
… By addressing latent demand for basic goods and services in the largest markets in the region…
…Employing innovative business models to widen market access, reduce cost and price and improve quality…
…So that the growth and commercial success of the business naturally results in significant social benefits for the aspiring mass market.
What they invest in
They invest in B2B, Cleantech, Consumer Products, Digital Businesses, Digital Health, E-Commerce, Generalist, Healthcare, Internet, Manufacturing, Marketplaces, Online Portals and Technology Driven Products .
Where they invest
They invest in startups based in Africa, Uganda, Tanzania, Kenya and Nigeria.
Contacting Novastar Ventures