New Investments
Novastar Ventures Invests $3.5 Million in Sistema.bio to Expand Renewable Energy Solutions for African Farmers
Novastar Ventures has announced a $3.5 million investment in Sistema.bio, a Nairobi-based company pioneering renewable energy solutions for smallholder farmers.
This funding forms part of a $7.75 million internal round, enabling Sistema.bio to scale its biogas technology and digital solutions across Africa.
The investment aligns with Novastar’s mission to foster sustainability and economic development through its Africa People + Planet Fund III, which targets climate-focused initiatives and agricultural advancements.
Sistema.bio has made significant strides in providing biogas technology that transforms animal waste into renewable energy and biofertilizer, helping farmers reduce energy costs and improve soil health.
Operating across 12,000 farms in 31 countries, including several in sub-Saharan Africa, the company has positively impacted over 100,000 farmers.
Enhanced Capabilities Through Technology
Sistema.bio’s acquisition of Inclusive Energy has strengthened its digital monitoring and verification (MRV) capabilities.
The integration enhances remote diagnostics, carbon usage analytics, and predictive maintenance, ensuring efficient service delivery and reliable data insights for farmers.
“This investment strengthens our mission to empower low-resourced farmers with solutions that drive economic growth and climate resilience,” said Joyce Cacho, Board Chairman of Sistema.bio.
“Together, we are scaling impactful technologies that benefit both people and the planet.”
Steve Beck, Co-founder of Novastar Ventures, expressed optimism about the partnership:
“Sistema.bio empowers family farmers to transform waste into renewable energy and fertilizer, unlocking productivity and resilience while reducing greenhouse gas emissions. We’re excited to partner at this growth stage and contribute to their carbon market initiatives.”
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