Lexi Novitske is the General Partner of Norrsken22, based in Lagos, Nigeria. Through its Africa Technology Growth Fund, Norrsken22 invests in the markets it operates in across Africa, leveraging its partners’ local expertise in scaling business and a board of founders of billion dollar-plus companies to provide best in class value to its investee companies.
Lexi moved to Nigeria from the US in 2012, believing the country held immense untapped potential, with an under-penetrated consumer population, expanding infrastructure and online access, and an active entrepreneur network. In 2014, Lexi launched Singularity Investments, a private capital-backed venture investment firm, and backed market champions in fintech and enterprise software, including Paystack and Flutterwave. In 2019 Lexi acquired the firm’s portfolio and launched Acuity Venture Partners, continuing Singularity’s mission to invest in technology companies driving trade and financial access across Africa. She backed another 25-plus companies to build out the infrastructure for the Africa tech ecosystem, including Brimore, Tribal Credit, Mono and Sabi.
Lexi previously managed investments at African private equity firm Verod Capital Management. Prior to joining Verod, she was focused on Africa investments at Small Enterprise Assistance funds and covered financial services at New York-based Sandler O’Neill Asset Management. Lexi is a board member at several technology companies and faculty member and mentor to several accelerators and start-up academies. Lexi is a CFA Charterholder and a Kauffman Fellow.