Noven (Electronic Equipment and Instruments) Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Latest Deal Type
  • Series A3

  • Investors
  • 1

Noven (Electronic Equipment and Instruments) General Information

Description

Developer of wireless methane sensors intended to accelerate energy transition and efficient decarbonization. The company offers analytics and monitors energy production efficiency while reducing complexities associated with labor and asset management, enabling operators to seamlessly optimize their pumps while increasing safety and reducing environmental impact.

Contact Information

Website
noven.io
Formerly Known As
Motus Data
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2000 Bering Drive
  • Suite 250
  • Houston, TX 77057
  • United States
+1 (346)
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Commercial Services
Vertical(s)
CleanTech, Oil & Gas, TMT
Corporate Office
  • 2000 Bering Drive
  • Suite 250
  • Houston, TX 77057
  • United States
+1 (346)

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Noven (Electronic Equipment and Instruments) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series A3) 20-Feb-2024 Completed Generating Revenue
2. Early Stage VC 08-Mar-2020 Completed Generating Revenue
1. Early Stage VC (Series A) 03-Apr-2018 $5M $5M Completed Generating Revenue
To view Noven (Electronic Equipment and Instruments)’s complete valuation and funding history, request access »

Noven (Electronic Equipment and Instruments) Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view Noven (Electronic Equipment and Instruments)’s complete cap table history, request access »

Noven (Electronic Equipment and Instruments) Patents

  • 10

    Total Documents Applications and Grants

  • Total Patents Families

  • 10

    Granted

  • Pending

  • Expiring in next 12 mo

Noven (Electronic Equipment and Instruments) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11542809-B2 Polished rod load cell Active 11-Jun-2019
US-20200392833-A1 Automated beam pump diagnostics using surface dynacard Active 11-Jun-2019
US-11408271-B2 Well pump diagnostics using multi-physics sensor data Active 11-Jun-2019
US-20200392822-A1 System and method for determining load and displacement of a polished rod Active 11-Jun-2019
US-20200393309-A1 Polished rod load cell Active 11-Jun-2019 E21B47/009
To view Noven (Electronic Equipment and Instruments)’s complete patent history, request access »

Noven (Electronic Equipment and Instruments) Executive Team (3)

Name Title Board Seat
Mahmut Sengul Chief Executive Officer & President
Mehrzad Mahdavi Ph.D Board Member & President
You’re viewing 2 of 3 executive team members. Get the full list »

Noven (Electronic Equipment and Instruments) Board Members (6)

Name Representing Role Since
Andrew Becnel Self Board Member
Bernard Duroc-Danner Self Board Member
Constantyn Chalitsios Self Board Member
Douglas Mills Self Board Member
Mehrzad Mahdavi Ph.D Noven (Electronic Equipment and Instruments) Board Member & President
You’re viewing 5 of 6 board members. Get the full list »

Noven (Electronic Equipment and Instruments) Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
MLC Australia Corporation Minority
To view Noven (Electronic Equipment and Instruments)’s complete investors history, request access »

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Noven (Electronic Equipment and Instruments) FAQs

  • When was Noven (Electronic Equipment and Instruments) founded?

    Noven (Electronic Equipment and Instruments) was founded in 2018.

  • Who is the CEO of Noven (Electronic Equipment and Instruments)?

    Mahmut Sengul is the CEO of Noven (Electronic Equipment and Instruments).

  • Where is Noven (Electronic Equipment and Instruments) headquartered?

    Noven (Electronic Equipment and Instruments) is headquartered in Houston, TX.

  • What industry is Noven (Electronic Equipment and Instruments) in?

    Noven (Electronic Equipment and Instruments)’s primary industry is Electronic Equipment and Instruments.

  • Is Noven (Electronic Equipment and Instruments) a private or public company?

    Noven (Electronic Equipment and Instruments) is a Private company.

  • What is Noven (Electronic Equipment and Instruments)’s current revenue?

    The current revenue for Noven (Electronic Equipment and Instruments) is .

  • How much funding has Noven (Electronic Equipment and Instruments) raised over time?

    Noven (Electronic Equipment and Instruments) has raised $5.6M.

  • Who are Noven (Electronic Equipment and Instruments)’s investors?

    MLC Australia has invested in Noven (Electronic Equipment and Instruments).

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