Japan’s SBI Holdings commits $40M to anchor Novastar Ventures future funds

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SBI Holdings, a Japanese financial services conglomerate and one of the largest venture capital firms in the East Asian country, has made a $40 million multi-fund commitment to anchor pan-African VC firm Novastar Ventures’ future funds. Following the deal, SBI Holdings will take a minority stake in Novastar and get a non-executive seat in its […]

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Japan’s SBI Holdings commits $40M to anchor Novastar Ventures future funds

SBI Holdings, a Japanese financial services conglomerate and one of the largest venture capital firms in the East Asian country, has made a $40 million multi-fund commitment to anchor pan-African VC firm Novastar Ventures’ future funds. Following the deal, SBI Holdings will take a minority stake in Novastar and get a non-executive seat in its […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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