Funding Round · Insurtech · 2023

SBI Holdings commits $40M to Novastar Ventures

Novastar Ventures raised $40M multifund commitment led by SBI Holdings on November 2, 2023.

Primary
Novastar Ventures
Counterparty
SBI Holdings
Amount
$40M
Structure
multifund commitment
Date
November 2, 2023
Sub-sector
Insurtech

SBI Holdings anchors Novastar's Africa People + Planet Fund to co-invest in agriculture and climate tech startups across Africa.

Primary company
Novastar Ventures
Counterparty
SBI Holdings
Amount
$40M
Event date
November 2, 2023
Sub-sector
Insurtech
HQ
Not disclosed
Structure
multifund commitment
Source published
November 2, 2023
Publisher
TechCrunch via Yahoo Finance

Source: yahoo.com