# Nova Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nova-technology-3

- Industry: Business Support Services
- Headquarters: Wuxi, China
- Website: www.nuanwa.net
- Total disclosed funding: $34M
- Latest round: Series B (Sep 16, 2025)
- Investors on record: 10

## About

Established in 2019 and headquartered in Wuxi, China, Nova Technology is a provider of technical and data services to insurance businesses. The company's history dates back to 2018, when Nova Technology (Wuxi) Co., Ltd. (then known as Shanghai Nova Technology Co., Ltd.) was formed by ZhongAn Online P & C Insurance Co., Ltd. In 2019, as a part of capital restructuring, Nova Insight Technology Limited was incorporated in Cayman Islands, becoming the entity controlling Nova Technology (Wuxi) Co., Ltd. and other businesses in China. 

From 2019 to 2024, Nova Technology completed 3 rounds of venture funding. In September 2025, Nova Technology raised CNY 140 million in series B funding from new investor Broad Vision Funds and returning investor ZhongAn Online P & C Insurance Co., Ltd.

The company specializes in providing health insurance product customization, risk management, claims processing, and system services to insurance companies and internet platforms. It offers health big data platform which provides analytics solutions for healthcare institutions and insurance company using big data, artificial intelligence, and blockchain technology. The company mainly involved in the field of medical financial, healthcare, insurance and smart medical.  The company generates revenue from providing technical and data services to insurance companies.

## Funding rounds

- Series B, Sep 16, 2025, $20M — ZhongAn Online P & C Insurance Co., Ltd, Broad Vision Funds
- Series A, Oct 21, 2021 — Hong Shan, Detong Capital, Lenovo Capital and Incubator Group, 01 Payments and Business, Ltd., DAOL Private Equity
- Series A, Feb 28, 2020 — Hong Shan, Lighthouse Capital, Longhu Capital
- Angel, Aug 29, 2019, $14M — Hong Shan, Kuanping Capital

## Investors

- Hong Shan — Angel, Series A
- Kuanping Capital (https://capitalatlas.ai/funds/kuanping-capital) — Angel
- Lighthouse Capital (https://capitalatlas.ai/funds/lighthouse-capital) — Series A
- Longhu Capital — Series A
- Detong Capital (https://capitalatlas.ai/funds/detong-capital) — Series A
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series A
- 01 Payments and Business, Ltd. — Series A
- DAOL Private Equity (https://capitalatlas.ai/funds/daol-private-equity) — Series A
- ZhongAn Online P & C Insurance Co., Ltd — Series B
- Broad Vision Funds (https://capitalatlas.ai/funds/broad-vision-funds) — Series B