Novastar joins Google's AI startup lab

Novastar Ventures has become a venture partner in the Google Africa Applied AI Lab. The move adds the investment firm to the programme’s network of investors working with AI startups across Africa. Novastar will advise founders in the lab on raising capital and growing their businesses. Google will continue to provide technical expertise, training and access to its AI tools.

Helping startups move beyond product development

The lab works with startups using artificial intelligence in healthcare, agriculture, finance and education. It combines technical guidance with business support to help founders bring products to market. Novastar has invested in African startups for more than a decade. Its portfolio includes companies in fintech, climate technology, agritech and digital health.

A growing focus on practical AI

African startups are putting AI to work in sectors such as finance, healthcare and agriculture. However, many still struggle to raise funding, hire skilled engineers and secure enough computing power. Novastar’s role gives founders access to investor feedback early in the process. That can help startups strengthen their business models before seeking funding. Technology companies and venture capital firms are working more closely with AI startups across Africa. Programmes like this give founders access to both technical expertise and investor guidance as they grow their businesses.