noa

Noa is a London-based venture capital firm launched in 2023, dedicated to investing in technology companies that are transforming the built world. The firm focuses on innovations across real estate, construction, infrastructure, and urban development, aiming to back startups that address inefficiencies, enhance sustainability, and drive digital transformation within these sectors. With a clear mandate to support the next generation of built world pioneers, noa positions itself as a specialist investor in a rapidly evolving industry.

The firm primarily targets early-stage companies, typically at the pre-seed and seed stages. Noa announced its inaugural fund with a total capital commitment of £30 million, equivalent to approximately $36.5 million. This capital is deployed through initial cheques ranging from £250,000 to £1 million, which translates to roughly $300,000 to $1.2 million in USD. This investment strategy allows noa to provide crucial early funding to promising startups, helping them to develop their products, scale their operations, and achieve significant milestones.

Noa is led by experienced venture capitalists Fiona Tan and Chris Tottman. Fiona Tan previously served as a partner at Speedinvest, where she specialized in proptech and construction tech investments, bringing deep domain expertise to noa. Chris Tottman was a general partner at Notion Capital, where he led notable investments in companies such as GoCardless and Paddle, demonstrating a strong track record in identifying and nurturing successful tech ventures. The firm has already made several investments, including companies like Modulous, Plural, Hii, Proxima, and Aceleron, showcasing its commitment to building a diverse portfolio within the built world ecosystem.