About Novel Ingredient
Novel Ingredient is a company based in East Hanover (United States) founded in 1995 was acquired by Innophos in August 2017.. The company has 80 employees as of December 31, 2017. Novel Ingredient operates in a competitive market with competitors including Zarbees, TerraVia, Advanced Enzyme Technologies, Zivo Bioscience and Victory Hemp Foods, among others.
- Headquarter East Hanover, United States
- Employees 80 as on 31 Dec, 2017
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Sectors
HealthcareConsumer
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Email
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Phone
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Website
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Social
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Funding Insights of Novel Ingredient
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Novel Ingredient
Novel Ingredient has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innophos and GenNx360. 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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GenNx360 is engaged in private equity investments for industrial sectors.
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Manufacturer of specialty phosphates, chelated minerals, and nutritional ingredients
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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 Novel Ingredient
| 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 - Novel Ingredient
| 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 |
Novel Ingredient Comparisons
Competitors of Novel Ingredient
Novel Ingredient 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 Zarbees, TerraVia, Advanced Enzyme Technologies, Zivo Bioscience and Victory Hemp Foods, 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 |
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| domain | founded_year | HQ Location |
Natural cough remedies and wellness products are developed by Zarbees.
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| domain | founded_year | HQ Location |
Algae-based specialty ingredients are manufactured and supplied for food applications.
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| domain | founded_year | HQ Location |
Enzymes are manufactured for nutrition, food, feed, and textile industries.
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| domain | founded_year | HQ Location |
Bioactive compounds from algal strain
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| domain | founded_year | HQ Location |
Hemp-based foods including seeds, oil, honey, and protein are provided.
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| domain | founded_year | HQ Location |
Nutraceutical and specialty ingredients are researched, developed, and supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Novel Ingredient
When was Novel Ingredient founded?
Novel Ingredient was founded in 1995.
Where is Novel Ingredient located?
Novel Ingredient is headquartered in East Hanover, United States. It is registered at East Hanover, New Jersey, United States.
How many employees does Novel Ingredient have?
As of Dec 31, 2017, the latest employee count at Novel Ingredient is 80.
What does Novel Ingredient do?
Novel Ingredients is a vertically integrated company delivering clinically backed ingredients and a full suite of manufacturing services for its nutraceutical and functional food partners. Product categories include Immune health, Heart health, Bone and Joint Health, Sports nutrition and Energy, Antioxidants, Cognitive Health, Protein, Amino acids, Weight management, Flavors and Sweeteners. The company has recently launched DNA PUR products, botanical ingredients verified using DNA barcode testing. The company has an overall portfolio of 200 products across all categories. The company is also building a pipeline of differentiated ingredients apart from exclusive ingredients like Kinetiq, Cera-Q and Acumin.
Who are the top competitors of Novel Ingredient?
Novel Ingredient's top competitors include Advanced Enzyme Technologies, Zivo Bioscience and Lactose India.