About Novolyze
Novolyze is a company based in Dijon (France) founded in 2012 by Karim Khinouche. It operates as a SaaS (Software-as-a-Service), and AI-as-a-Service. Novolyze has raised $18.79 million across 6 funding rounds from investors including European Union, WAVE Equity Partners and Liberset. Novolyze offers products and services including Environmental Monitoring, Sanitation Complete, Process Control, and CIP Validation. Novolyze operates in a competitive market with competitors including Specright, Redzone, HyperSpectral, Corvium and AIPERIA, among others.
- Headquarter Dijon, France
- Founders Karim Khinouche
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Sectors
Consumer
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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
$18.79 M (USD)
in 6 rounds
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Latest Funding Round
$15 M (USD), Series A
Mar 01, 2022
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Products & Services of Novolyze
Novolyze offers a comprehensive portfolio of products and services, including Environmental Monitoring, Sanitation Complete, Process Control, and CIP Validation. 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.
Digital tracking of swabbing and lab results is provided.
Sanitation schedules and workflows are digitized for compliance.
Real-time monitoring of process parameters is centrally managed.
Cleaning cycles are optimized using AI-powered simulations.
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Funding Insights of Novolyze
Novolyze has successfully raised a total of $18.79M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in March 2022. 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 6
- Last Round Series A — $15.0M
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First Round
First Round
(01 Mar 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Series A - Novolyze | Valuation | WAVE Equity Partners | |
| Apr, 2020 | Amount | Grant - Novolyze | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Novolyze | 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 Novolyze
Novolyze has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, WAVE Equity Partners and Liberset. 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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Impact-focused growth equity investments are made in sustainable industrial solutions.
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An investment firm focused on growth of innovative companies.
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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 |
| 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 Novolyze
| 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 - Novolyze
| 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 |
Novolyze Comparisons
Competitors of Novolyze
Novolyze 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 Specright, Redzone, HyperSpectral, Corvium and AIPERIA, 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 |
Cloud-based ERP and PLM solutions for packaging specifications are developed.
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| domain | founded_year | HQ Location |
Cloud-based digital production system for food and CPG manufacturers
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| domain | founded_year | HQ Location |
AI-powered real-time detection platform for pathogens
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| domain | founded_year | HQ Location |
Food safety software is developed and offered on subscription basis.
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| domain | founded_year | HQ Location |
AI-based analytics solutions are provided for food manufacturers.
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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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Latest news on Novolyze
Frequently Asked Questions about Novolyze
When was Novolyze founded?
Novolyze was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Novolyze located?
Novolyze is headquartered in Dijon, France. It is registered at Dijon, Bourgogne-franche-comte, France.
Who is the current CEO of Novolyze?
Karim Khinouche is the current CEO of Novolyze. They have also founded this company.
Is Novolyze a funded company?
Novolyze is a funded company, having raised a total of $18.79M across 6 funding rounds to date. The company's 1st funding round was a Grant of $162.91K, raised on Mar 01, 2015.
What does Novolyze do?
Novolyze is established as a provider of an AI-enabled SaaS platform tailored for global food safety and quality (FSQ) operations in the food and beverage industry. The platform is designed to digitize critical processes such as sanitation, environmental monitoring, process control, and clean-in-place (CIP) validation. Solutions offered by Novolyze are scaled from pilot projects to over 100 sites, ensuring compliance, reducing labor costs, and enhancing operational efficiency. The company is trusted by leading global brands to transform reactive FSQ practices into predictive, data-driven systems with real-time visibility and standardized oversight across facilities.
Who are the top competitors of Novolyze?
Novolyze's top competitors include Specright, Redzone and HyperSpectral.
What products or services does Novolyze offer?
Novolyze offers Environmental Monitoring, Sanitation Complete, Process Control, and CIP Validation.
Who are Novolyze's investors?
Novolyze has 3 investors. Key investors include European Union, WAVE Equity Partners, and Liberset.