About Nova Innovation
Nova Innovation is a company based in Edinburgh (United Kingdom) founded in 2010. Nova Innovation has raised $3.72 million across 15 funding rounds from investors including Gov.uk, European Union and The Scottish National Investment Bank. Nova Innovation offers products and services including Floating Solar, Tidal Energy, and Marine Services. Nova Innovation operates in a competitive market with competitors including Verdant Power, Minesto, Tocardo, Sustainable Marine Energy and SABELLA, among others.
- Headquarter Edinburgh, United Kingdom
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Nova Innovation Ltd
- Date of Incorporation 01 May, 2009
- Jurisdiction EDINBURGH, SCOTLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.72 M (USD)
in 15 rounds
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Latest Funding Round
$2.64 M (USD), Series A
Dec 21, 2021
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Investors
Gov.uk
& 5 more
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Employee Count
Not available
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Products & Services of Nova Innovation
Nova Innovation offers a comprehensive portfolio of products and services, including Floating Solar, Tidal Energy, and Marine Services.
Offers floating solar systems for clean electricity in marine environments
Provides tidal energy solutions for predictable power generation
Delivers expertise in energy storage and smart grids for renewables
People of Nova Innovation
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Funding Insights of Nova Innovation
Nova Innovation has successfully raised a total of $3.72M across 15 strategic funding rounds. The most recent funding activity was a Series A round of $2.64 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Nova Innovation
Nova Innovation has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, European Union and The Scottish National Investment Bank.
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Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Online government services and information are provided to users.
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Investor details for Nova Innovation
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Investments & Acquisitions by Nova Innovation
Investment portfolio details for Nova Innovation
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Financial Statements - Nova Innovation
Detailed financials for Nova Innovation
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Nova Innovation Comparisons
Peer comparison for Nova Innovation
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Competitors of Nova Innovation
Nova Innovation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Verdant Power, Minesto, Tocardo, Sustainable Marine Energy and SABELLA, among others.
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Tidal turbines are developed and manufactured for hydropower projects.
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Tidal energy is harnessed through an underwater kite with turbine.
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Manufacturer of tidal turbines
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Manufactures tidal energy turbines for sustainable marine power generation.
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Submerged tidal turbines for marine energy are developed and deployed.
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Detailed competitors of Nova Innovation
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Latest news on Nova Innovation
Complete news archive for Nova Innovation
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Frequently Asked Questions about Nova Innovation
Nova Innovation was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Nova Innovation is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Nova Innovation is a funded company, having raised a total of $3.72M across 15 funding rounds to date.
Nova Innovation was founded in 2010 and is headquartered in Edinburgh, United Kingdom. Operations are centered in the renewable energy sector, with a focus on tidal power. Submerged turbine systems, including the Nova M100 model, are designed, manufactured, tested, installed, commissioned, and maintained for underwater deployment. Tidal energy projects are managed to generate electricity, which is then fed into local grids for distribution.
Nova Innovation's top competitors include Verdant Power, Minesto and Tocardo.
Nova Innovation offers Floating Solar, Tidal Energy, and Marine Services.
Nova Innovation has 6 investors. Key investors include Gov.uk, European Union, The Scottish National Investment Bank, Scotland Government, and EIC Fund.