Novek

Builds IOT technology to completley eliminate single use plastic from FMCG Supply chains.
Location: Kenya
Website: https://www.novek.io/
Sector: Waste Management
Funding Stage: Grant Grant Seed
Total Funding ($m): $1.2M
# of Founders: 2
Founding Year: 2018
Funding Year: 2022
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $0.1m | Grant | DEG (Germany) |
| 2022 | $0.1m | Grant | Mastercard |
| 2022 | $1m | Seed | Musha Ventures, Timon Capital, Rock Impact Capital, Future Africa, Sherpa Africa Partners |
| Zahid Mitha, Edoardo Biraghi, , |
Grant $0.1m
DEG (Germany)
Grant $0.1m
Mastercard
Seed $1m
Musha Ventures, Timon Capital, Rock Impact Capital, Future Africa, Sherpa Africa Partners