NAIROBI, Kenya – January 14, 2025 – Sistema.bio, a global leader in biogas technology and financing for family farmers, has announced a $3.5 million investment from Novastar Ventures. The investment is part of Sistema.bio’s recent internal financing round of USD 7.75 million, aimed at accelerating the company’s expansion across new African markets, new agricultural and energy products, and further growth.
This partnership strengthens Sistema.bio’s mission to empower low-resourced farmers with sustainable solutions that drive economic growth, climate resilience, and regenerative agriculture. “Together, we are scaling impactful technologies that benefit both people and the planet,” said Joyce Cacho, Board Chairman of Sistema.bio.
Steve Beck, Co-founder and Managing Partner at Novastar Ventures, expressed enthusiasm about the investment, stating, “Sistema.bio’s innovative technology empowers family farmers by transforming farm waste into renewable energy and fertilizer. This not only unlocks economic, health, and productivity benefits for farmers but also builds their resilience to climate change while significantly reducing greenhouse gas emissions. We are excited to support Sistema.bio as they unlock carbon markets and accelerate their growth to serve even more farmers.”
Sistema.bio’s innovative biogas systems, alongside its digital Measurement, Reporting, and Verification (MRV) technology, align with Novastar’s commitment to partnering with bold entrepreneurs that create lasting value for Africa’s growing population and implement planet-positive technologies.
“We have known the Novastar team for some time and are excited to welcome them to Sistema.bio’s family of investors,” said Alex Eaton, CEO and Co-founder of Sistema.bio. “Their investment bolsters our ambition to scale our services across Africa and supports our ongoing commitment to climate action. We aim to achieve a 1% reduction in annual global greenhouse gas emissions by 2030.”
With Novastar’s investment, Sistema.bio has raised a total of USD 18.5 million in 2024, with a focus on geographic expansion and the addition of new products. This funding is crucial for meeting the global demand for renewable energy, advancing regenerative agricultural solutions, and supporting carbon emission reduction projects. It also positions Sistema.bio for its anticipated Series C funding round, as the company continues to lead in biogas technology and expands its mission to support smallholder farmers worldwide.
This strategic partnership exemplifies how innovative solutions can transform agriculture, empower farmers, and address global environmental challenges. The funding will help Sistema.bio further expand its reach, deliver sustainable energy solutions, and contribute to building a more resilient agricultural ecosystem across Africa
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