Novastar Ventures
Venture Capital
Active
London, United Kingdom
52
9M
24
5.20
10
0.54
- Areas of investment
Summary
The fund was located in Africa if to be more exact in Kenya. The main department of described VC is located in the Nairobi.
The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Novastar Ventures, startups are often financed by SunFunder, Peery Foundation, Bill & Melinda Gates Foundation. The meaningful sponsors for the fund in investment in the same round are Unreasonable Capital, Global Partnerships, Yamaha Motor Co.,. In the next rounds fund is usually obtained by Unreasonable Capital, United States Agency for International Development, SunFunder.
Among the most popular portfolio startups of the fund, we may highlight Sanergy, Sure Chill, PayGo Energy. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Kenya. Among the most successful fund investment fields, there are Logistics, Social Entrepreneurship. The fund has specific favorite in a number of founders of portfolio startups. When startup sums 2 or 5+ of the founder, the probability for it to get the investment is little. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund.
The fund is constantly included in 2-6 investment rounds annually. The usual things for fund are deals in the range of 1 - 5 millions dollars. Speaking about the real fund results, this VC is 36 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2017.
This organization was formed by Steve Beck. Besides them, we counted 6 critical employees of this fund in our database.
Investor highlights
- Industry focus
- Geo focus
Discover reliable insights
Find relevant VC investors, identify key contacts and secure funding opportunities.
Investments analytics
Last fund
- Fund size
- USD 120000000
- Fund raised date
- 2018-10-01
Analytics
- Total investments
- 52
- Lead investments
- 10
- Rounds per year
- 5.20
- Follow on index
- 0.54
- Investments by industry
- Logistics (10)
- Supply Chain Management (10)
- Agriculture (9)
- Health Care (8)
- Clean Energy (7) Show 57 more
- Investments by region
-
- Nigeria (9)
- Kenya (26)
- Ghana (4)
- United Kingdom (3)
- Netherlands (2) Show 3 more
- Peak activity year
- 2022
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 10
- Avg. valuation at time of investment
- 10M
- Group Appearance index
- 0.81
Need more data?
Get access to full data about investors, including their team, contact information, and historic data.
Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Soko | 28 Oct 2016 | E-Commerce, Online Portals, Manufacturing, Marketplace | Early Stage Venture | 1M | United States, California, San Francisco |
| TeamApt | 02 Jul 2021 | Financial Services, FinTech, Payments, Banking | Early Stage Venture | Lagos, Nigeria, Nigeria |
At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).
Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.