About Novac
Novac is a company based in Modena (Italy) founded in 2020 by Matteo Bertocchi and Alessandro Fabbri.. Novac has raised $3.78 million across 1 funding round from investors including Eureka! Venture, CDP Venture Capital and Galaxia. Novac offers products and services including Supercap Novac. Novac operates in a competitive market with competitors including Maxwell Technologies, Ioxus, Tubex NRG, C2C Newcap and Nesscap, among others.
- Headquarter Modena, Italy
- Founders Matteo Bertocchi, Alessandro Fabbri
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Novac Srl
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.78 M (USD)
in 1 rounds
-
Latest Funding Round
$3.78 M (USD), Seed
Mar 25, 2025
-
Investors
Eureka! Venture
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Novac
Novac offers a comprehensive portfolio of products and services, including Supercap Novac. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modellable supercapacitor for fast energy release in electric vehicles
Funding Insights of Novac
Novac has successfully raised a total of $3.78M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.78 million completed in March 2025. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $3.8M
-
First Round
First Round
(25 Mar 2025)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Novac | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Novac
Novac has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Eureka! Venture, CDP Venture Capital and Galaxia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Eureka! Venture is focused on deep tech and science-based investments.
|
Founded Year | Domain | Location | |
|
Venture capital and fund of funds focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Innovative aerospace technologies are transformed into global market leaders by Galaxia.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Novac
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Novac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novac Comparisons
Competitors of Novac
Novac 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 Maxwell Technologies, Ioxus, Tubex NRG, C2C Newcap and Nesscap, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ultracapacitor-based energy storage and power delivery solutions are provided.
|
|
| domain | founded_year | HQ Location |
Manufacturer of ultracapacitor cell and module
|
|
| domain | founded_year | HQ Location |
Nanotechnology-based battery solutions using peptide nanotubes are provided.
|
|
| domain | founded_year | HQ Location |
Supercapacitors are manufactured using metal oxide-based prototypes by C2C Newcap.
|
|
| domain | founded_year | HQ Location |
Developer of ultracapacitors for energy storage solutions
|
|
| domain | founded_year | HQ Location |
Super-capacitors and Lithium-ion capacitors are manufactured for energy storage applications.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Novac
When was Novac founded?
Novac was founded in 2020 and raised its 1st funding round 5 years after it was founded.
Where is Novac located?
Novac is headquartered in Modena, Italy. It is registered at Modena, Emilia-romagna, Italy.
Who is the current CEO of Novac?
Matteo Bertocchi is the current CEO of Novac. They have also founded this company.
Is Novac a funded company?
Novac is a funded company, having raised a total of $3.78M across 1 funding round to date. The company's 1st funding round was a Seed of $3.78M, raised on Mar 25, 2025.
What does Novac do?
Provider of solid state capacitors solutions for electric vehicles. It provides solutions for drones, automotive, electric scooters, aerospace, e-boats, and others.
Who are the top competitors of Novac?
Novac's top competitors include Maxwell Technologies, Ioxus and Tubex NRG.
What products or services does Novac offer?
Novac offers Supercap Novac.
Who are Novac's investors?
Novac has 3 investors. Key investors include Eureka! Venture, CDP Venture Capital, and Galaxia.