About Novariant
Novariant is a company based in Fremont (United States) founded in 1994 was acquired by AgJunction in October 2015.. Novariant has raised $60.46 million across 4 funding rounds from investors including AgJunction, Bluecrest Capital Finance and Kirlan Venture Capita. Novariant operates in a competitive market with competitors including AgJunction, AvMap, FieldBee, Thorsen-Teknik and Traqnology, among others.
- Headquarter Fremont, United States
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Sectors
Transportation, Automotive & LogisticsAgriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Novariant, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60.46 M (USD)
in 4 rounds
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Latest Funding Round
$4.46 M (USD), Series D
Dec 22, 2010
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Investors
AgJunction
& 13 more
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Employee Count
Employee Count
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Acquired by
AgJunction
(Oct 12, 2015)
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Funding Insights of Novariant
Novariant has successfully raised a total of $60.46M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $4.46 million completed in December 2010. 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 4
- Last Round Series D — $4.5M
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First Round
First Round
(10 May 2005)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2010 | Amount | Series D - Novariant | Valuation |
investors |
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| Jul, 2009 | Amount | Debt – Conventional - Novariant | Valuation |
investors |
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| Oct, 2008 | Amount | Series D - Novariant | Valuation | Investor Growth Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Novariant
Novariant has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include AgJunction, Bluecrest Capital Finance and Kirlan Venture Capita. 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 |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Novariant
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Novariant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novariant Comparisons
Competitors of Novariant
Novariant 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 AgJunction, AvMap, FieldBee, Thorsen-Teknik and Traqnology, 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 |
Developer of self-driving auto-steering technology system for precision agriculture
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| domain | founded_year | HQ Location |
GPS-based navigation systems for agricultural farms are manufactured and supplied.
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| domain | founded_year | HQ Location |
Tractor navigation systems with automatic steering are offered by FieldBee.
|
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| domain | founded_year | HQ Location |
Specializes in retrofitting agricultural machinery with precision tech solutions.
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| domain | founded_year | HQ Location |
Provides GPS technology for turf maintenance including mowing and line marking.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Novariant
When was Novariant founded?
Novariant was founded in 1994 and raised its 1st funding round 11 years after it was founded.
Where is Novariant located?
Novariant is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is Novariant a funded company?
Novariant is a funded company, having raised a total of $60.46M across 4 funding rounds to date. The company's 1st funding round was a Series D of $40M, raised on May 10, 2005.
What does Novariant do?
Novariant was founded in 1994 and is based in Fremont, United States. GPS-based auto-steering systems are developed for machines in agriculture and construction sectors. Orientation and positioning are handled through integrated sensors, with wireless operation enabled via tablets. Compatibility with cameras, LiDAR, and RADAR is supported to enhance visibility. Applications extend to automotive and robotics markets.
Who are the top competitors of Novariant?
Novariant's top competitors include FieldBee, AgJunction and AvMap.
Who are Novariant's investors?
Novariant has 14 investors. Key investors include AgJunction, Bluecrest Capital Finance, Kirlan Venture Capita, Sierra Ventures, and Yasuda Enterprise Development.