About NOVELIC
NOVELIC is a company based in Belgrade (Serbia) founded in 2013 was acquired by Sona Comstar in January 2023. It operates as a Professional Services, and B2B2C. NOVELIC offers products and services including ASPER - Short-Range Radar Sensor, ACAM - In-Cabin Monitoring, and Semiconductor Design Services. NOVELIC operates in a competitive market with competitors including VeriSilicon, SiliConch, Movellus, OPENEDGES and Agile Analog, among others.
- Headquarter Belgrade, Serbia
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$523.82 K (USD), Grant
May 01, 2015
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Investors
Sona Comstar
& 1 more
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Employee Count
Employee Count
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Acquired by
Sona Comstar
(Jan 09, 2023)
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Products & Services of NOVELIC
NOVELIC offers a comprehensive portfolio of products and services, including ASPER - Short-Range Radar Sensor, ACAM - In-Cabin Monitoring, and Semiconductor Design Services. 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.
Short-range radar sensor used for mobility applications.
In-cabin monitoring radar for child presence detection.
Design services provided for FPGA and ASIC development.
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Funding Insights of NOVELIC
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $523,824
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First Round
First Round
(01 May 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Grant - NOVELIC | Valuation |
investors |
| 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 NOVELIC
NOVELIC has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sona Comstar and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Provider of design & development of electrical powertrain systems for automotive applications
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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 NOVELIC
| 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 - NOVELIC
| 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 |
Novelic Comparisons
Competitors of NOVELIC
NOVELIC 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 VeriSilicon, SiliConch, Movellus, OPENEDGES and Agile Analog, 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 |
Silicon platform-as-a-service is offered for SOC and SIP design solutions.
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| domain | founded_year | HQ Location |
Semiconductor intellectual property cores and design services are provided.
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| domain | founded_year | HQ Location |
Provider of a cloud-based development platform for SoCs
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| domain | founded_year | HQ Location |
AI-based IP cores for integrated circuits are provided by OPENEDGES.
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| domain | founded_year | HQ Location |
IP cores for analog and mixed-signal ICs are provided.
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| domain | founded_year | HQ Location |
Thalia Design Automation is focused on analog and RF IP design migration solutions.
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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 NOVELIC
When was NOVELIC founded?
NOVELIC was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is NOVELIC located?
NOVELIC is headquartered in Belgrade, Serbia.
What does NOVELIC do?
Radar solutions, embedded engineering, and semiconductor design services are offered by NOVELIC. The company focuses on mmWave radar IP for mobility and smart infrastructure, alongside advanced perception systems for automotive and software-defined vehicles. Solutions are developed for industries such as automotive, medical, industrial, and semiconductors. End-to-end product development, testing of embedded systems, and antenna design are included in their expertise. NOVELIC also supports automotive cybersecurity, testing, and validation to ensure robust solutions.
Who are the top competitors of NOVELIC?
NOVELIC's top competitors include VeriSilicon, SiliConch and Movellus.
What products or services does NOVELIC offer?
NOVELIC offers ASPER - Short-Range Radar Sensor, ACAM - In-Cabin Monitoring, and Semiconductor Design Services.
Who are NOVELIC's investors?
NOVELIC has 2 investors. Key investors include Sona Comstar, and European Union.