Novars Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
3
- Latest Deal Type
-
2ndary - Private
- Investors
-
7
Novars General Information
Description
Developer of connected batteries designed for digital transformation across businesses. The company offers battery-shaped IoT devices that can be installed in dry-cell battery-powered products and integrate batteries, wireless communication, and cloud infrastructure, enabling clients to monitor and control connected devices through mobile applications.
Contact Information
Website
novars.jpCorporate Office
- 3rd Floor, Nishikicho Bunkaisan
- 3-15-16 Kanda Nishikicho, Chiyoda-ku
- Tokyo, 101-0054
- Japan
Corporate Office
- 3rd Floor, Nishikicho Bunkaisan
- 3-15-16 Kanda Nishikicho, Chiyoda-ku
- Tokyo, 101-0054
- Japan
Novars Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Secondary Transaction - Private | 01-Mar-2026 | Completed | Generating Revenue | |||
| 13. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 12. Accelerator/Incubator | 17-Oct-2025 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | 06-Jun-2024 | Completed | Generating Revenue | |||
| 10. Accelerator/Incubator | 01-Jun-2024 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 09-Nov-2023 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 06-Mar-2020 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | 15-Mar-2019 | Completed | Generating Revenue | |||
| 6. Early Stage VC | 28-Dec-2018 | $355K | $2.5M | Completed | Generating Revenue | |
| 5. Accelerator/Incubator | 06-Sep-2018 | $2.14M | Completed | Generating Revenue |
Novars Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| C preferred | ||||||||
| B preferred | ||||||||
| A preferred | 3,371 | $324.14 | $324.14 | 1x | $324.14 | 17.35% |
Novars Patents
Novars Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-7495053-B2 | Condition monitoring device | Active | 25-May-2020 | ||
| JP-2021190434-A | State monitoring device | Active | 25-May-2020 | ||
| JP-2021089500-A | Server device and program | Active | 03-Dec-2019 | ||
| JP-7093931-B2 | Server equipment and programs | Active | 03-Dec-2019 | ||
| WO-2020262526-A1 | Watching system, server device and storage medium | Inactive | 28-Jun-2019 |
Novars Signals
Novars Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| SocialX Acceleration | Accelerator/Incubator | |||
| Enegate Accelerator Program | Accelerator/Incubator | |||
| Panasonic Accelerator | Accelerator/Incubator | |||
| Sompo Holdings | Holding Company | Minority | ||
| MUFG Digital Accelerator | Accelerator/Incubator |
Novars FAQs
-
When was Novars founded?
Novars was founded in 2015.
-
Where is Novars headquartered?
Novars is headquartered in Tokyo, Japan.
-
What is the size of Novars?
Novars has 3 total employees.
-
What industry is Novars in?
Novars’s primary industry is Other Hardware.
-
Is Novars a private or public company?
Novars is a Private company.
-
What is Novars’s current revenue?
The current revenue for Novars is .
-
How much funding has Novars raised over time?
Novars has raised $4.41M.
-
Who are Novars’s investors?
SocialX Acceleration, Enegate Accelerator Program, Panasonic Accelerator, Sompo Holdings, and MUFG Digital Accelerator are 5 of 7 investors who have invested in Novars.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process