Novars
Latest round
- Series B
Last raised
- Sep 2017
Total raised
- $2.1M
Investors
- 2
About Novars
Novars Inc.Founded in 2015, Novars Inc. offers technology solutions aimed at enhancing safety and monitoring for the elderly.Novars Inc. primarily offers the MaBeee product line, focusing on innovative battery solutions designed for monitoring and programming applications. Their flagship product, the MaBeee monitoring battery (model MB-3103WY), enables users to track the safety and well-being of elderly family members through a smartphone application. This product specifically targets families living apart, providing peace of mind through real-time alerts and status updates. The MaBeee system integrates easily into everyday battery-operated devices, transforming standard dry batteries into intelligent monitoring tools. Additionally, Novars Inc. caters to businesses through the MaBeee monitoring and control models, supporting various programming initiatives.Novars Inc. generates revenue through direct sales of its MaBeee products to both consumers and businesses, establishing a business-to-consumer (B2C) and business-to-business (B2B) model. The company offers various pricing plans for individual and business users, allowing customers to choose from monitoring models suited to personal use or corporate applications. The company's offerings may also include subscription-based services tied to app functionalities, enhancing the user experience and providing continuous updates for their monitoring solutions. Through partnerships with local banks and health service providers, Novars Inc.In October 2022, Novars Inc. The company plans to use these funds to strengthen collaboration with ARONKASEI in the development and commercialization of new nursing care equipment. Future initiatives include designing and launching new products targeted at improving elder care solutions. Additionally, Novars Inc. aims to expand its market reach beyond Japan, exploring opportunities in other regions with similar demographic challenges, although specific regions and timelines have yet to be disclosed.
Who invested in Novars
2 investors across 2 rounds
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Questions about Novars
Who invested in Novars?
Novars has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Novars raised?
Novars has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Novars last raise money?
Novars's most recent round on record is a Series B, in Sep 2017.
What does Novars do?
Novars is a energy storage & batteries company.
Where is Novars headquartered?
Novars is headquartered in Tokyo, Japan.
Which VCs invest in companies like Novars?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back energy storage & batteries companies at Novars's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series B
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