# Nova Fleet

Nova Fleet is an Asset Manager based in Toronto, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** Toronto, Canada
- **Assets under management:** Undisclosed
- **Website:** novafleet.com
- **LinkedIn:** https://www.linkedin.com/company/nova-fleet

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Energy Transition & Renewables
- ClimateTech
- Enterprise Software

## People

- John Jovanovic — Founder & CEO

## 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.

## Related profiles

- [Nova Financial Services](https://altss.com/profile/nova-financial-services)
- [Novak Biddle Venture Partners](https://altss.com/profile/novak-biddle-venture-partners)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/nova-fleet

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology