Novek Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 17

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 6

Novek General Information

Description

Developer of IoT technology designed to eliminate single-use plastic from consumer goods supply chains. The company's technology allows dispensing micro-quantities of products and gives distributors real-time visibility into a retailer's inventory that triggers the restocking process, providing manufacturers with visibility that allows both them and small businesses to maximize sales while offering channels such as mobile money payment processing for stock.

Contact Information

Website
www.novek.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Chantal, Woodland Lane
  • Chorleywood WD3 5LS
  • England, United Kingdom
Primary Industry
Business/Productivity Software
Other Industries
Other Hardware
Environmental Services (B2B)
Vertical(s)
Advanced Manufacturing, CleanTech, Supply Chain Tech, Internet of Things
Corporate Office
  • Chantal, Woodland Lane
  • Chorleywood WD3 5LS
  • England, United Kingdom

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Novek Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC 01-Sep-2023 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
1. Grant 18-Jul-2022 $1M Completed Generating Revenue
To view Novek’s complete valuation and funding history, request access »

Novek Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Novek Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Microtraction Venture Capital Minority
Samurai Incubate Africa Venture Capital Minority
Satgana Venture Capital Minority
Voltron Capital Venture Capital Minority
DeveloPPP Ventures Other
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Novek FAQs

  • When was Novek founded?

    Novek was founded in 2018.

  • Where is Novek headquartered?

    Novek is headquartered in Chorleywood, United Kingdom.

  • What is the size of Novek?

    Novek has 17 total employees.

  • What industry is Novek in?

    Novek’s primary industry is Business/Productivity Software.

  • Is Novek a private or public company?

    Novek is a Private company.

  • What is Novek’s current revenue?

    The current revenue for Novek is .

  • Who are Novek’s investors?

    Microtraction, Samurai Incubate Africa, Satgana, Voltron Capital, and DeveloPPP Ventures are 5 of 6 investors who have invested in Novek.

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