Novastar Ventures becomes $200M African VC fund after $108M raise – TechCrunch

[ad_1] African startups have another $100 million in VC to pitch for after Novastar Ventures’ latest raise. The Nairobi and Lagos based investment group announced it has closed $108 million in new commitments to launch its Africa Fund II, which brings Novastar’s total capital to $200 million. With the additional resources, the firm plans to…

Nigeria’s Helium Health raises $10M Series A for Africa expansion – TechCrunch

[ad_1] Nigerian startup Helium Health sits in a good position during a difficult period, according to its co-founder. The Lagos based healthtech venture is in the black, has batted away acquisition offers, and just raised a $10 million Series A round, CEO Adegoke Olubusi told . The startup offers a product suit that digitizes data,…