About Novasentis
Novasentis is a company based in Berkeley (United States) founded in 2006.. 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. Novasentis operates in a competitive market with competitors including HaptX, AAC Technologies, Frore Systems, Canatu and Adin Robotics, among others.
- Headquarter Berkeley, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Novasentis 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
$41.42 M (USD)
in 18 rounds
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Latest Funding Round
$9.01 M (USD), Series D
Feb 01, 2018
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Investors
Wilson Sonsini Goodrich & Rosati
& 10 more
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Employee Count
Employee Count
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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. 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.
Thin, flexible components for realistic feedback in wearables.
Provides tactile sensations for hands-free experiences in VR.
Enables detailed sensations in fitness bands and smart devices.
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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 Total Funding
- Total Rounds 18
- Last Round Series D — $9.0M
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First Round
First Round
(29 Feb 2008)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series D - Novasentis | Valuation | KEMET |
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| Jul, 2014 | Amount | Debt – Conventional - Novasentis | Valuation |
investors |
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| Jun, 2014 | Amount | Series B - Novasentis | Valuation | Chengwei Capital , Samsung Venture Investment |
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| 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 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. 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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Chengwei Capital is recognized as an early venture capital firm in China.
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Founded Year | Domain | Location | |
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Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are made in promising startups.
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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 Novasentis
| 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 - Novasentis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Novasentis Comparisons
Competitors of Novasentis
Novasentis 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 HaptX, AAC Technologies, Frore Systems, Canatu and Adin Robotics, 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 |
Provider of wearable devices for motion tracking
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| domain | founded_year | HQ Location |
Electronic components for smart devices and smartphones are manufactured.
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| domain | founded_year | HQ Location |
Flexible microelectromechanical systems for active thermal management are provided.
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| domain | founded_year | HQ Location |
Advanced carbon nanotube materials are developed for industrial uses.
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| domain | founded_year | HQ Location |
Multiple sensors and grippers for industrial robots are provided.
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| domain | founded_year | HQ Location |
Provider of printed and flexible 3D image sensors
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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 Novasentis
When was Novasentis founded?
Novasentis was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Novasentis located?
Novasentis is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Is Novasentis a funded company?
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 Series B of $10.41M, raised on Feb 29, 2008.
What does Novasentis do?
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.
Who are the top competitors of Novasentis?
Novasentis's top competitors include Canatu, HaptX and AAC Technologies.
What products or services does Novasentis offer?
Novasentis offers Haptic Actuators, Haptic Feedback for Gloves, and Haptic Technology for Smartwatches.
Who are Novasentis's investors?
Novasentis has 11 investors. Key investors include Wilson Sonsini Goodrich & Rosati, Square 1 Bank, HHS, Samsung Venture Investment, and Ben Franklin Technology Partners.
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