Novastar Ventures closes $147 million third fund to drive pan-African ambitions

📰 Techpoint Africa

Novastar Ventures closes $147 million third fund to support climate-focused startups in Africa

intermediate Published 31 Mar 2026

Action Steps

Explore Novastar Ventures' investment portfolio to understand their focus on climate-focused startups
Research the African startup ecosystem to identify potential areas of growth and investment
Consider reaching out to Novastar Ventures to learn more about their funding opportunities and application process

Who Needs to Know This

Venture capitalists, startup founders, and investors on the African continent can benefit from this news as it indicates a significant influx of capital for climate-focused startups, and entrepreneurs can explore potential funding opportunities

Key Insight

💡 Novastar Ventures' third fund will drive investment in climate-focused startups across Africa, beyond East and West Africa