Novasentis

Berkeley, United States Founded: 2006 • Age: 20 yrs
Electro-mechanical polymer haptic actuators are offered for wearable devices.

About Novasentis

Novasentis is a Technology company based in Berkeley (United States) founded in 2006. Electro-mechanical polymer haptic actuators are offered for wearable devices. Novasentis has raised $41.42 million across 18 funding rounds from investors including Wilson Sonsini Goodrich & Rosati, Square 1 Bank and HHS. Novasentis offers products and services including Haptic Actuators, Haptic Feedback for Gloves, and Haptic Technology for Smartwatches. Its focus areas include Semiconductors, Sensors, Generic Sensor Developers and Touch. Its legal entity is NOVASENTIS INC. Its competitors include HaptX, Frore Systems and Sensel; 3 of its 3 listed competitors have raised funding.

Company details

Novasentis was founded in 2006 in Berkeley, United States, as an online platform focused on electro-mechanical polymer-based haptic actuators. Localized haptic and audio feedback is provided by these actuators, with applications in wearable devices including smart watches, bracelets, and smart clothing. The ultra-thin material enables attachment to various surfaces, requiring minimal space. Operations center on the haptics sector for consumer electronics.

  • Headquarters Berkeley, United States
  • Sectors
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website novasentis.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Novasentis Inc
Key Metrics

Products & Services of Novasentis

Novasentis offers a comprehensive portfolio of products and services, including Haptic Actuators, Haptic Feedback for Gloves, and Haptic Technology for Smartwatches.

Haptic Actuators
Sensor Technology

Thin, flexible components for realistic feedback in wearables.

Haptic Feedback for Gloves
Wearable Devices

Provides tactile sensations for hands-free experiences in VR.

Haptic Technology for Smartwatches
Consumer Electronics

Enables detailed sensations in fitness bands and smart devices.

Apps and channels of Novasentis

its YouTube channel Novasentis has 26 subscribers.

Novasentis
YouTube 26 subscribers Science & Technology
Open channel

Funding Insights of Novasentis

Novasentis has successfully raised a total of $41.42M across 18 strategic funding rounds. The most recent funding activity was a Series D round of $9.01 million completed in February 2018. 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 $41.42M
  • Total Rounds 18
  • Last Round Series D β€” $9.01M
  • First Round $3M

    (Feb 2008)

  • Investors Count 11

Latest 10 of 18 funding rounds of Novasentis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2018$9.01MSeries D–KEMET
–
Jul 2014$2MDebt – Conventional––
Jun 2014$10.41MSeries B–Chengwei Capital, Samsung Venture Investment
–
Oct 2013$8MSeries B––
Oct 2013$8MSeries B–Samsung Venture Investment
Aug 2011$515,013Grant––
May 2011$149,680Grant––
Sep 2010$1.6MGrant––
Sep 2010$1.6MGrant––
Jun 2010$199,920Grant––
Valuation history

11 investors in total: 11 institutional.

Investors in Novasentis

Novasentis has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Wilson Sonsini Goodrich & Rosati, Square 1 Bank and HHS.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Chengwei Capital is recognized as an early venture capital firm in China.
1999chengwei.comChina
Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
samsungventures.comSeoul, South Korea
Venture capital investments are made in promising startups.
1999samsungventure.co.krSeocho, South Korea
Early-stage investments are made in life sciences technologies.
lsgpa.comHarrisburg, United States
Investment and support are provided for Pennsylvania's tech-based companies.
1983benfranklin.orgState College, United States
Electronic services are produced and supplied by KEMET.
1919kemet.comFort Lauderdale, United States
Venture debt, treasury, and cash management services are provided.
2005square1bank.comDurham, United States
Provider of legal services to technology and life science companies
1961wsgr.comPalo Alto, United States
Public health and human services are overseen by HHS.
1953hhs.gov
Scientific and technical information is managed and disseminated by OSTI.GOV.
osti.govOak Ridge, United States
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Investor details for Novasentis

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People of Novasentis

2 people are tracked at Novasentis (2 in leadership).

NameRoleGroup
Michael Vestel
CTOLeadership
Christine Kittinger
VP of Human ResourcesLeadership
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Complete people profiles for Novasentis

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Timeline of Novasentis

3 dated milestones of Novasentis across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Novasentis is founded.
  2. Funding First funding round of $3.0M.
  3. Funding Latest funding round, Series D, of $9.0M.

Competitors of Novasentis

Novasentis has 3 listed competitors in our database, 3 of them funded. They include HaptX, Frore Systems and Sensel.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
haptx.com2012San Luis Obispo, United States$58M25
Provider of wearable devices for motion tracking
froresystems.com2018Sunnyvale, United States$340M
Flexible microelectromechanical systems for active thermal management are provided.
sensel.com2013Sunnyvale, United States$72.16M
Pressure-sensitive multi-touch sensors are manufactured for input applications.
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Detailed competitors of Novasentis

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Top companies in Embedded & Flexible Electronics

3 companies that operate in the same segment as Novasentis (Embedded & Flexible Electronics) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M109
RF MEMS-based oscillators and resonators are supplied for diverse applications.
2004Sunnyvale, California, United StatesUSD 51.97 MUSD 326.66 M395
Flexible displays are researched, developed, and manufactured by Royole.
2012Fremont, California, United StatesUSD 849.93 M78
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Related news about Novasentis

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Frequently Asked Questions about Novasentis

Novasentis was founded in 2006 and raised its 1st funding round 2 years after it was founded.

Novasentis is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.

Novasentis is a funded company, having raised a total of $41.42M across 18 funding rounds to date. The company's 1st funding round was a Grant of $199.92K, raised on Feb 2008.

Novasentis was founded in 2006 in Berkeley, United States, as an online platform focused on electro-mechanical polymer-based haptic actuators. Localized haptic and audio feedback is provided by these actuators, with applications in wearable devices including smart watches, bracelets, and smart clothing. The ultra-thin material enables attachment to various surfaces, requiring minimal space. Operations center on the haptics sector for consumer electronics.

Novasentis's top competitors include HaptX, Sensel and Frore Systems.

Novasentis offers Haptic Actuators, Haptic Feedback for Gloves, and Haptic Technology for Smartwatches.

Novasentis operates through Novasentis Inc.

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