The Star Network Podcast

Episode 22 - Understanding VC Trends with Lexi of Norrsken22

The Star Network Podcast Season 1 Episode 22

Understanding VC Trends featuring Lexi Novitske, General Partner at Norrsken 22 (@norrsken_22) & Host of The Star Network Podcast:  Zephia Ovia-Ikem (Zeph)

In this episode, Lexi shares on VC trends and the trickle down effect into the African continent. Given her expertise and passion for investing in African tech businesses that are solving real problems and are scalable, she breaks down what makes a startup attractive for funding, what the fundamentals are to starting a VC and challenging cultural biases when making investment decisions into African economies.  

In this episode we discuss :

  • VC Trends
  • The trickle down effect into African economies
  • How to attract funding as a Startup
  • Fundamentals to starting a VC
  • Opportunities within African counties and the interest from VCs

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Lexi Novitske is the General Partner at Norrsken22, a growth-stage tech investment fund operating across Africa. Based in Lagos, she brings deep local insight and global experience to support African tech startups.
Originally from the U.S., Lexi moved to Nigeria in 2012, drawn by its untapped potential. She founded Singularity Investments in 2014 and later launched Acuity Venture Partners, backing leading startups like Paystack, Flutterwave, Mono, and Sabi. Her investment focus spans fintech, enterprise software, and platforms enhancing financial access and trade across Africa.
Lexi has also worked with Verod Capital Management, SEAF, and Sandler O’Neill. She serves on multiple tech boards, mentors startups, and is both a CFA Charterholder and Kauffman Fellow.

Listen to the episode now. Full video also available on YouTube

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Follow our guest: @lexinovitske @norrsken_22 @norrskenfoundation