US$193,780,000+
*Data updated daily at 18:00 EAT
Sistema.bio, a Nairobi-based renewable energy company, has raised USD 3.5 M from Novastar Ventures as part of a USD 7.75 M internal funding round. The investment will help expand Sistema.bio’s biogas technology and digital solutions across Africa, empowering smallholder farmers with sustainable energy solutions.
The funding comes from Novastar’s Africa People + Planet Fund III, which supports startups promoting sustainability and economic growth. Novastar Ventures, with offices in Nairobi, Lagos, and London, is a leading backer of innovative startups addressing Africa’s critical challenges, particularly in renewable energy and climate adaptation.
Founded in 2010 by Alexander Eaton, Camilo Pages, Sistema.bio’s flagship biogas technology enables smallholder farmers to convert animal waste into renewable energy for cooking and electricity, as well as biofertilizer to improve soil health. Active in over 12,000 farms across 31 countries, the company has positively impacted more than 100,000 farmers in sub-Saharan Africa.
The technology offers farmers an affordable and eco-friendly energy source, reducing greenhouse gas emissions, lowering energy costs, and enhancing agricultural productivity.
Additionally, the company’s acquisition of Inclusive Energy has enhanced its digital monitoring and verification capabilities. This includes remote diagnostics, usage analytics for carbon reporting, and predictive maintenance, ensuring farmers receive reliable and efficient service.
Sistema.bio aims to extend its reach to new markets and scale its technology to contribute to its ambitious goal of reducing global greenhouse gas emissions by 1% by 2030. This partnership marks a significant step in promoting climate resilience and economic development across Africa’s agricultural sector.