About Novo Space
Novo Space is a company based in Santa Fe (Argentina) founded in 2018 by Rodrigo Diez, Jenny Collins, and Facundo Jorge.. Novo Space has raised $6.79 million across 2 funding rounds from investors including Starburst. Novo Space offers products and services including Tailored Subsystem, Electronic Boards, and FPGA IP Cores. Novo Space operates in a competitive market with competitors including AAC Clyde Space, DcubeD, Zero-Error Systems, Innovative Solutions In Space and AAC Microtec, among others.
- Headquarter Santa Fe, Argentina
- Founders Rodrigo Diez, Jenny Collins, Facundo Jorge
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Sectors
Aerospace, Defense & Maritime
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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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Total Equity Funding
$6.79 M (USD)
in 2 rounds
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Latest Funding Round
$6.79 M (USD), Series A
Dec 20, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Novo Space
Novo Space offers a comprehensive portfolio of products and services, including Tailored Subsystem, Electronic Boards, and FPGA IP Cores. 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.
Reduces development time and risk for space systems applications.
Provides high-performance electronics for space environments and missions.
Offers IP cores for space protocols and data processing needs.
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Funding Insights of Novo Space
Novo Space has successfully raised a total of $6.79M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.79 million completed in December 2023. 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 2
- Last Round Series A — $6.8M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Series A - Novo Space | Valuation |
investors |
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| Jul, 2019 | Amount | Seed - Novo Space | Valuation | Starburst |
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| 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 |
Investors in Novo Space
Novo Space has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Starburst. 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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Aviation startups are accelerated through Starburst Ventures-backed program.
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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 Novo Space
| 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 - Novo Space
| 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 |
Novo Space Comparisons
Competitors of Novo Space
Novo Space 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 AAC Clyde Space, DcubeD, Zero-Error Systems, Innovative Solutions In Space and AAC Microtec, 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 |
Provider of diverse space components along with services
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| domain | founded_year | HQ Location |
Deployables and actuators for nanosatellites and small satellites are developed.
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| domain | founded_year | HQ Location |
Developer of space-grade IC solutions
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| domain | founded_year | HQ Location |
Solutions for small satellite development and launch are provided.
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| domain | founded_year | HQ Location |
Spacecraft subsystems and miniaturized electronic systems are developed and manufactured.
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| domain | founded_year | HQ Location |
Diversified satellite components are manufactured and developed by Creotech.
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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 Novo Space
When was Novo Space founded?
Novo Space was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Novo Space located?
Novo Space is headquartered in Santa Fe, Argentina. It is registered at Santa Fe, Santa Fe, Argentina.
Who is the current CEO of Novo Space?
Jenny Collins is the current CEO of Novo Space. They have also founded this company.
Is Novo Space a funded company?
Novo Space is a funded company, having raised a total of $6.79M across 2 funding rounds to date.
What does Novo Space do?
Novo Space was founded in 2018 in Santa Fe, Argentina, within the space electronics sector. An ecosystem of components, including backplanes, motherboards, daughterboards for CPUs and signal processors, carriers, and mezzanine cards, is being developed. Mechanical designs are utilized to transfer heat from electronic components in launch vehicles and to reduce radiation exposure in space environments. Operations focus on hardware integration for aerospace applications.
Who are the top competitors of Novo Space?
Novo Space's top competitors include DcubeD, AAC Clyde Space and Innovative Solutions In Space.
What products or services does Novo Space offer?
Novo Space offers Tailored Subsystem, Electronic Boards, and FPGA IP Cores.
Who are Novo Space's investors?
Novo Space has 1 investor. Key investors include Starburst.