# Novinda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/novinda

- Industry: Mining
- Headquarters: Denver, US
- Website: www.novinda.com
- Total disclosed funding: $6M
- Latest round: Series C (Feb 13, 2012)
- Investors on record: 2

## About

Novinda Corp. specializes in innovative technologies for air pollution control, focusing on reducing emissions through advanced solutions. The company develops and markets products that enhance environmental compliance for industrial processes.Founded in 2003 and headquartered in Denver, US, Novinda Corp. is dedicated to providing effective solutions for air quality management. The company has undergone strategic pivots in its business model to enhance its product offerings, although no specific changes in operational structure are noted. It has participated in a total of 7 deals, with its most recent funding round occurring on November 16, 2015, when it raised USD 1.1 mn. The company has been a target for investment.Novinda Corp. offers advanced technologies for air pollution control, primarily focusing on its proprietary products designed to reduce harmful emissions from industrial processes. Their solutions cater to a variety of industries that require compliance with stringent environmental regulations, providing essential tools for air quality management and monitoring.Revenue is generated through the sale of proprietary pollution control technologies and services. Novinda's business model includes direct transactions with industrial clients, providing tailored solutions to meet their specific environmental compliance needs. Pricing structures are based on service contracts and technology deployment, though specific financial figures are not disclosed.Looking ahead, Novinda Corp. aims to expand its portfolio with new product launches designed to enhance air quality regulation compliance. The company is targeting growth in both the North American and European markets by 2025. The recent funding of USD 1.1 mn will be utilized to support these initiatives, allowing for accelerated development and market entry.

## Funding rounds

- Series C, Feb 13, 2012, $6M — New Leaf Venture Partners, Altira Group
- Series B, Sep 1, 2010 — Altira Group, New Leaf Venture Partners

## Investors

- Altira Group (https://capitalatlas.ai/funds/altira-group) — Series B, Series C
- New Leaf Venture Partners (https://capitalatlas.ai/funds/new-leaf-venture-partners) — Series B, Series C