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Japan’s SBI Holdings commits $40M to anchor Novastar Ventures future funds on November 2, 2023 at 7:00 am

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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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​ 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. 

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