Friday
September 12
2025

SMBC Invests in Novastar Ventures’ New Fund

In a significant move underscoring the deepening financial ties between Japan and Africa, Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank, has made a strategic investment into the latest fund from the veteran venture capital firm, Novastar Ventures.

Source: Innovation Village (link opens in a new window)

Categories
Investing, Technology
Tags
climate change, development finance, global development, infrastructure, startups, venture capital