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A venture capital firm that led Chowdeck's Series A funding round.
News published about Novastar Ventures

In Africa’s more selective funding cycle, the pressure doesn’t go away; it changes
TechCabal - Jan 26, 2026
Africa's tech ecosystem raised $3.42 billion across 502 deals in 2025, marking a 53% year-on-year increase in funding. There was an 8% decline in deal count from 546 in 2024, reflecting a shift in investor behavior towards greater scrutiny.

Chowdeck raises $9 million to launch quick commerce strategy and expand operations
TechCabal - Aug 11, 2025
Chowdeck raised $9 million in Series A funding to expand its quick commerce strategy. The funding round was led by Novastar Ventures with participation from Y Combinator and others.

Profitable Nigerian food delivery Chowdeck lands $9M from Novastar, Y Combinator
TechCrunch - Aug 11, 2025
Chowdeck raised $9 million in Series A funding to expand its quick commerce strategy. The startup operates in 11 cities across Nigeria and Ghana, serving 1.5 million customers.

Chowdeck raises $9 million to fuel Nigeria, Ghana expansion
Bendada.com - Aug 11, 2025
Trended
Chowdeck secured $9 million in Series A funding to expand into Nigeria and Ghana. The funding round was led by Novastar Ventures with participation from Y Combinator and others.

10 Top Investors in Startups in Kenya
Tech In Africa - Apr 04, 2025
Savannah Fund focuses on early-stage tech startups with investments ranging from $50,000 to $1 million. Chandaria Capital supports scalable ventures in sectors like retail tech, healthcare, and energy.
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