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Noventi

North America, California, United States, Newark

Description

Noventi is a well-established venture capital firm based in Newark, Delaware, with a long-standing commitment to global investment opportunities since its inception in 2002. The firm primarily focuses on early-stage technology companies, seeking out disruptive innovations across a diverse range of sectors. Their investment thesis centers on identifying and nurturing companies poised for significant growth and impact, particularly those leveraging cutting-edge advancements in their respective fields.

The firm's investment strategy is characterized by a keen interest in deep technology, with a pronounced emphasis on the biotechnology, advanced materials, and software sectors. Noventi actively participates in early-stage funding rounds, including Seed and Series A, and has demonstrated a willingness to continue supporting portfolio companies through later stages, such as Series B and C, as evidenced by their historical investments. This multi-stage support underscores their long-term partnership approach with founders.

Noventi boasts a robust portfolio of successful investments, demonstrating their ability to identify and back future industry leaders. Notable exits include OptiNose, which successfully went public, and QED Therapeutics, which was acquired by Eli Lilly for a substantial $680 million. Other significant investments include Adesis, acquired by Avantor, and their early support for companies like Incyte and InterDigital, which also achieved public market success. These examples highlight Noventi's track record in fostering companies from nascent stages to significant liquidity events.

With over two decades of experience in the venture capital landscape, Noventi has solidified its reputation as a discerning investor in disruptive technologies. Their consistent focus on high-potential, early-stage ventures, coupled with a strategic approach to supporting growth, positions them as a key player in the innovation ecosystem, particularly within the life sciences and advanced technology domains.

Investor Profile

Noventi has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 22% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series D rounds (top funding stages).
  • Majority of deals are located in United States, Italy.
  • Strong thematic focus on Software, Mobile, Internet.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series B (35%)
  • Series A (26%)
  • Series D (13%)
  • Series C (13%)
  • Series Unknown (13%)

Country Focus

  • United States (96%)
  • Italy (4%)

Industry Focus

  • Software
  • Mobile
  • Internet
  • Energy
  • Biofuel
  • Cleantech
  • Pharmaceutical
  • Wireless
  • Manufacturing
  • Service Industry
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Noventi frequently co-invest with?

Gabriel Venture Partners
North America, California, United States, San Mateo
Co-Investments: 3
3i Group
Europe, England, United Kingdom, London
Co-Investments: 3
Oak Investment Partners
North America, Connecticut, United States, Wilton
Co-Investments: 3
The Entrepreneurs' Fund
North America, California, United States, San Mateo
Co-Investments: 2
Alloy Ventures
North America, California, United States, Palo Alto
Co-Investments: 2
Sierra Angels
North America, Nevada, United States, Incline Village
Co-Investments: 2
Nexit Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 4
U.S. Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2
Greenhouse Capital Partners
North America, California, United States, Sausalito
Co-Investments: 2
Big Sky Partners
North America, California, United States, Sausalito
Co-Investments: 2

What are some of recent deals done by Noventi?

Neato Robotics

Newark, California, United States

Neato Robotics is a venture-funded startup developing robotic-based household appliances.

HardwareRoboticsSoftware
Series DApr 19, 2012
Amount Raised: $12,200,000
Velomat

Spoltore, Abruzzi, Italy

Velomat is a builder of automated assembly line machinery for manufacturing customers.

Industrial AutomationManufacturing
Series UnknownMar 15, 2012
Lumenergi

Newark, California, United States

Lumenergi is a provider of network-controlled lighting energy management solutions.

EnergyEnergy ManagementLighting
Series BMar 13, 2012
Amount Raised: $6,200,000
Aurora Biofuels

Hayward, California, United States

Aurora Biofuels, now Aurora Algae, produces premium, algae-based products for the pharmaceutical, nutrition, aquaculture and fuels markets.

BiofuelCleanTechPharmaceutical
Series CMar 17, 2010
Amount Raised: $15,000,000
Windspire Energy (fka Mariah Power)

Reno, Nevada, United States

Windspire Energy develops technology for the small wind industry.

EnergyMining TechnologyWind Energy
Series BDec 8, 2008
Aurora Biofuels

Hayward, California, United States

Aurora Biofuels, now Aurora Algae, produces premium, algae-based products for the pharmaceutical, nutrition, aquaculture and fuels markets.

BiofuelCleanTechPharmaceutical
Series BJun 10, 2008
Amount Raised: $20,000,000
Windspire Energy (fka Mariah Power)

Reno, Nevada, United States

Windspire Energy develops technology for the small wind industry.

EnergyMining TechnologyWind Energy
Series AApr 9, 2008
Amount Raised: $500,000
Ecrio

Cupertino, California, United States

Ecrio develops a framework to upgrade common applications into communication-rich applications for multiple operating systems and phones.

Operating SystemsReal TimeSoftware
Series CSep 19, 2007
Amount Raised: $24,000,000
HelioVolt

Austin, Texas, United States

Heliovolt develops and manufactures thin film solar photovoltaic modules for residential and commercial use.

ManufacturingRenewable EnergySolar
Series BAug 16, 2007
Amount Raised: $101,000,000
Active Optical MEMS

Fremont, California, United States

Active Optical MEMS develops microelectromechanical systems (MEMS) and related technologies.

ElectronicsManufacturing
Series BJul 20, 2007
Amount Raised: $2,000,000