Novo Capital

Novo Capital, also referred to in some sources as MSA Novo, is an investment and special situations firm focused on high growth markets. It is described as a global venture capital investor that systematically benchmarks, sources, transacts, and operates companies in select emerging technology markets. Public information highlights a diversified portfolio spanning Latin America, Africa, MENA and India, with investments in both early and later stage companies. In Africa, Novo Capital has participated in at least three disclosed funding rounds between May and August 2021. These include seed investments in PawaPay and Flextock, and a Series A investment in Homzmart. Across these deals, Novo Capital has deployed approximately 27.3 million dollars, backing technology driven businesses in fintech, e commerce and retail, and logistics and supply chain. The firm’s African activity shows a particular focus on Egypt and pan African opportunities, supporting companies that provide digital payments infrastructure, online furniture retail, and outsourced fulfilment services. Novo Capital often invests alongside a network of global and regional co investors. In the African rounds for PawaPay, Homzmart and Flextock, it has co invested with firms such as MSA Capital, Kepple Africa Ventures, Nuwa Capital, Rise Capital, Impact46, and others. This pattern suggests a collaborative approach, partnering with established venture capital firms to support high growth technology companies across the continent.