Co-founder & Managing Partner at Novastar Ventures
Check size: Novastar Ventures does not publish one standard check-size range across its funds.
Andrew Carruthers invests or supports investments through Novastar Ventures's published strategy: Back African businesses that expand access to basic goods and services while advancing inclusive and environmentally sustainable prosperity.
Quantify the unmet need, affordability, distribution, unit economics, scale and measurable social and environmental outcomes.
Entrepreneurs using scalable business models to meet essential needs for mass African markets and create measurable social and environmental value.
Companies without meaningful African impact, inclusive-market reach or scalable economics are less aligned with the firm's credo.