About Novonate
Novonate is a company based in San Francisco (United States) founded in 2017 was acquired by Laborie Medical in February 2023.. Novonate has raised $624.71 thousand across 5 funding rounds from investors including Laborie Medical, America’s Seed Fund and National Science Foundation. Novonate offers products and services including LifeBubble®, NXT™ Family, and Optilume® BPH.
- Headquarter San Francisco, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Laborie Medical Technologies Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$624.71 K (USD)
in 5 rounds
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Latest Funding Round
$256 K (USD), Grant
Dec 21, 2020
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Investors
Laborie Medical
& 3 more
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Employee Count
Employee Count
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Acquired by
Laborie Medical
(Feb 14, 2023)
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Products & Services of Novonate
Novonate offers a comprehensive portfolio of products and services, including LifeBubble®, NXT™ Family, and Optilume® BPH. 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.
Secures umbilical catheters for neonatal patients in NICU.
Devices for diagnosing urological conditions in healthcare.
Catheter system for treating benign prostatic hyperplasia.
Funding Insights of Novonate
Novonate has successfully raised a total of $624.71K across 5 strategic funding rounds. The most recent funding activity was a Grant round of $256 thousand completed in December 2020. 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 5
- Last Round Grant — $256,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Grant - Novonate | Valuation |
investors |
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| Dec, 2020 | Amount | Grant - Novonate | Valuation |
investors |
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| Nov, 2017 | Amount | Seed - Novonate | Valuation |
investors |
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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 Novonate
Novonate has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Laborie Medical, America’s Seed Fund and National Science Foundation. 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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Venture capital fund backed by the US Government
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Founded Year | Domain | Location | |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location | |
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Project-based bio-design courses are offered to Stanford graduates and post-docs.
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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 Novonate
| 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 - Novonate
| 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 |
Novonate Comparisons
Competitors of Novonate
| 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 Novonate
When was Novonate founded?
Novonate was founded in 2017.
Where is Novonate located?
Novonate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Novonate a funded company?
Novonate is a funded company, having raised a total of $624.71K across 5 funding rounds to date. The company's 1st funding round was a Seed of $624.71K, raised on Jun 01, 2011.
What does Novonate do?
Novonate was founded in 2017 in San Francisco, United States, within the medical devices sector. Focus is placed on neonatal intensive care applications. A product named LifeBubble has been developed for the protection and securement of umbilical catheters. Operations center on device innovation for use in neonatal units, addressing specific clinical needs in infant care.
What products or services does Novonate offer?
Novonate offers LifeBubble®, NXT™ Family, and Optilume® BPH.
Who are Novonate's investors?
Novonate has 4 investors. Key investors include Laborie Medical, America’s Seed Fund, National Science Foundation, and Stanford Biodesign.