Novelda AS

SemiconductorsSeries BOslo, Norwayxethru.com

Latest round

Series B

Last raised

Dec 2016

Total raised

$25M

Investors

4

About Novelda AS

Founded in 2004 and headquartered in Oslo, Norway, Novelda AS specializes in developing Ultra-Low Power UWB Radar Sensors. The company has undergone strategic pivots to enhance its technology offerings. Dag Wisland, the founder, has a history in technology startups.Novelda specializes in the development and manufacturing of Ultra-Low Power UWB Radar Sensors. Their primary products detect minute movements like breathing and heartbeat, which cater to consumer electronics, smart building systems, and automotive in-cabin sensing. The sensors allow touch-free interactions, enhancing energy efficiency and safety. Key use cases include automatic user log-in systems and automated lighting and climate controls.50.Novelda AS is focusing on the launch of innovative sensor products aimed at expanding their market footprint. The company plans to introduce new UWB technologies designed for enhanced human presence detection by the end of 2023. They are also targeting expansion into new geographic markets, particularly in Asia and North America, by 2024.

Who invested in Novelda AS

4 investors across 3 rounds

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Funding rounds

  1. Series B

    Dec 7, 2016

    Amount

    $12M

    Investors

    Locked

  2. Series A

    Dec 3, 2014

    Amount

    $12M

    Investors

    Locked

  3. Seed

    Sep 12, 2008

    Amount

    $0.8M

    Investors

    Locked

Questions about Novelda AS

Who invested in Novelda AS?

Novelda AS has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Novelda AS raised?

Novelda AS has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Novelda AS last raise money?

Novelda AS's most recent round on record is a Series B, in Dec 2016.

What does Novelda AS do?

Founded in 2004 and headquartered in Oslo, Norway, Novelda AS specializes in developing Ultra-Low Power UWB Radar Sensors.

Where is Novelda AS headquartered?

Novelda AS is headquartered in Oslo, Norway.

Which VCs invest in companies like Novelda AS?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back semiconductors companies at Novelda AS's stage. Their profiles are linked below.

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