Asset Manager

Updated:

Nova Fleet

Nova Fleet is an investment fund focused on backing and building companies in the decarbonization sector. It has made one investment to date.

Nova Fleet logo

Nova Fleet

Nova Fleet is an investment fund focused on backing and building companies in the decarbonization sector. It has made one investment to date. In March 15, 2022, Nova Fleet invested in Validere as part of their Series B funding.

General information

Firm type

Generalist

Location

Region

North America

Country

Canada

City

Toronto

Corporate office

Toronto, Canada

Principals

John Jovanovic

Founder & CEO

Sector focus

Energy Transition & RenewablesClimateTechEnterprise Software

Frequently asked questions

Does Nova Fleet make fund commitments or only direct investments?

Available evidence points to direct and co-investment activity, not fund commitments. The firm's one publicly confirmed position — Validere — was a direct co-investment alongside Mercuria and BlackRock in a Series B round. No fund-of-funds activity, SPV aggregation, or third-party fund commitments are disclosed.

Which sectors does Nova Fleet explicitly target?

The firm's website names energy, commodities, and other critical sectors. The confirmed investment in Validere — a data and logistics platform for the commodity supply chain — signals a focus on software that touches physical energy and commodity infrastructure. Altss research tags these interests as Energy Transition & Renewables, ClimateTech, and Enterprise Software.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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