Novolyze
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- $15M
Investors
- 3
About Novolyze
Founded in 2012 in France, Novolyze SAS develops advanced solutions aimed at improving food safety and quality performance.Novolyze specializes in providing application-driven, tech-enabled solutions aimed at enhancing food safety and quality performance for food and beverage companies. Their core offerings include SMART Process Control, which ensures compliance and reduces operational disruptions by minimizing rework and downtime; a comprehensive sanitation program that digitalizes Master Sanitation Programs and optimizes sanitation practices across facilities; and environmental monitoring solutions that leverage AI to detect deviations and predict incidents, facilitating rapid remediation.Novolyze generates revenue through a structured transaction model primarily focused on B2B engagements, partnering with food and beverage manufacturers. Transactions typically involve subscription-based services, where clients pay for access to Novolyze's suite of digital tools and ongoing support. The pricing structure encompasses various service tiers, designed to cater to different client needs and operational scales. Key offerings include flagship products such as their SMART Process Control systems and digital sanitation solutions, integral to the company's value proposition in ensuring food safety compliance. The company aims to further develop its technological solutions, including upcoming enhancements to its SMART Process Control systems. Additionally, Novolyze is targeting expansion into the Asian market by the end of 2024, seeking to broaden its geographical reach and customer base.
Who invested in Novolyze
3 investors across 1 round
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Funding rounds
Series A
Mar 23, 2022
Amount
$15M
Investors
Questions about Novolyze
Who invested in Novolyze?
Novolyze has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Novolyze raised?
Novolyze has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Novolyze last raise money?
Novolyze's most recent round on record is a Series A, in Mar 2022.
What does Novolyze do?
Founded in 2012 in France, Novolyze SAS develops advanced solutions aimed at improving food safety and quality performance.
Where is Novolyze headquartered?
Novolyze is headquartered in France.
Which VCs invest in companies like Novolyze?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Novolyze's stage. Their profiles are linked below.
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