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Top African Unicorns in 2026: Fastest-growing billion-dollar startups in Africa
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Novastar Ventures Closes USD 147 M Fund III To Back African Climate & Impact Startups
Novastar Ventures has closed its third fund, the Africa People and Planet Fund III (NVIII), at USD 147 M; below its USD 200 M target but 40% larger than its previous USD 108 M fund raised in 2020. The pan-African fund will invest from pre-Series A to Series B, with cheque sizes between USD 1 M and USD 8 M, targeting businesses delivering financial, social, and environmental impact. Backers include DFIs such as British International Investment, N…
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