Sistema.bio, a social enterprise focused on providing biodigester technology, training, and financing to empower family farmers, has announced a $3.5 million investment from Novastar Ventures. This funding is part of a larger $7.75 million financing round and will support Sistema.bio’s expansion into new African markets, as well as the development of new agricultural and energy products.
Joyce Cacho, Chairman of Sistema.bio’s Board, expressed her enthusiasm about the partnership, stating, “Novastar Ventures’ investment 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.”
Steve Beck, Co-founder and Managing Partner at Novastar Ventures, highlighted the potential of Sistema.bio’s innovative biogas systems. He explained that the company’s technology helps farmers turn waste into renewable energy and fertilizer, unlocking economic, health, and productivity benefits, while also building resilience to climate change and reducing greenhouse gas emissions.
“Sistema.bio is the first investment from our third fund, the Novastar Ventures Africa People and Planet Fund III (NVIII),” Beck said. “We are excited to partner with Sistema.bio at this crucial point as the company accelerates growth and opens up carbon markets to serve more farmers with the tools for sustainable agricultural systems.”
Alex Eaton, CEO and Co-founder of Sistema.bio, welcomed Novastar Ventures as a new investor, saying, “Their support strengthens our ambition to expand across Africa and empower even more farmers. It also reinforces our commitment to climate action as we work toward reducing global greenhouse gas emissions by 1% annually by 2030.”
In 2024, Sistema.bio raised a total of $18.5 million to fund its growth and address the global demand for renewable energy and regenerative agricultural solutions. The company is also preparing for its Series C funding round, aiming to continue its leadership in biogas technology and further its mission to support smallholder farmers worldwide.
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