Novafora

San Francisco, United States Founded: 2004 • Age: 22 yrs
Develops AI-driven software for improving wireless network performance and efficiency.
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About Novafora

Novafora is a company based in San Francisco (United States) founded in 2004. It operates as a B2B. Novafora has raised $18 million across 1 funding round from investors including Gemini Israel Ventures and Vertex Ventures. Novafora has completed 1 acquisition, including Transmeta. Novafora offers products and services including Universal Spectrum Multiplier and OTFS Technology. Novafora operates in a competitive market with competitors including Parade Tech, Pixelworks, ViXS, Vimicro and NGCodec, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18 M (USD)

    in 1 rounds

  • Latest Funding Round
    $18 M (USD), Series B

    Jun 01, 2007

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Novafora

Novafora offers a comprehensive portfolio of products and services, including Universal Spectrum Multiplier and OTFS Technology. 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.

Primary

Improves 4G and 5G networks using AI for better spectral efficiency.

Enables programmable networks to enhance coverage and performance.

Funding Insights of Novafora

Novafora has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Series B round of $18 million completed in June 2007. 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 Rounds 1
  • Last Round Series B — $18.0M
  • First Round

    (01 Jun 2007)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2007 Amount Series B - Novafora 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 Novafora

Novafora has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Gemini Israel Ventures and Vertex Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early and seed stage investments are made in technology by Gemini Israel Ventures.
Founded Year Domain Location
Early-stage investments are focused on Southeast Asia and India.
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 Novafora

Novafora has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Transmeta. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Low-power microprocessors and semiconductor systems are developed and licensed.
1995
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Novafora

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Novafora Comparisons

Employees
+
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Competitors of Novafora

Novafora 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 Parade Tech, Pixelworks, ViXS, Vimicro and NGCodec, 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
High-speed semiconductors for video interfacing and processing are developed.
domain founded_year HQ Location
Fabless semiconductor chips for video and pixel processing are developed.
domain founded_year HQ Location
Semiconductor solutions for media processing are designed and provided.
domain founded_year HQ Location
Processors for networked video applications are developed.
domain founded_year HQ Location
Video codec silicon IP is developed and licensed for FPGA.
domain founded_year HQ Location
Provider of chips, software, and platforms for semiconductor field
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.

Latest news on Novafora

Frequently Asked Questions about Novafora

When was Novafora founded?

Novafora was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Where is Novafora located?

Novafora is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Novafora a funded company?

Novafora is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Series B of $18M, raised on Jun 01, 2007.

What does Novafora do?

Cohere Technologies specializes in creating software solutions like Universal Spectrum Multiplier to boost 4G and 5G network capacity by up to 50 percent using AI and Delay-Doppler models. Based in San Jose, USA, the company collaborates with partners such as Bell Canada to test and implement network enhancements through cloud-based architectures. They focus on spectral efficiency, coverage improvements, and participation in telecommunications events to drive innovation.

Who are the top competitors of Novafora?

Novafora's top competitors include Parade Tech, Pixelworks and ViXS.

What products or services does Novafora offer?

Novafora offers Universal Spectrum Multiplier and OTFS Technology.

How many acquisitions has Novafora made?

Novafora has made 1 acquisition, including Transmeta.

Who are Novafora's investors?

Novafora has 2 investors. Key investors include Gemini Israel Ventures, and Vertex Ventures.

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