About Novonate
Novonate is a Healthcare company based in San Francisco (United States) founded in 2017, and was acquired by Laborie Medical in February 2023. Medical devices for neonatal care are developed by Novonate. Novonate has raised $624.71 thousand across 5 funding rounds from investors including Laborie Medical, America’s Seed Fund and National Science Foundation. The company was acqui-hired. Novonate offers products and services including LifeBubble®, NXT™ Family, and Optilume® BPH. Its focus areas include Life Sciences, Pediatrics, Medical Devices and Therapeutics. Its legal entity is Laborie Medical Technologies Corp.
Company details
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.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsHealthcare
- Website novonate.com
- Social LinkedIn X YouTube
- Acquired by Laborie Medical (Feb 2023)
- Legal Name Laborie Medical Technologies Corp.
- Total Equity Funding$624.71K (USD)
in 5 rounds
- Latest Funding Round$256K (USD), Grant
Dec 2020
- InvestorsLaborie Medical
& 3 more
- Acquired byLaborie Medical
(Feb 2023)
Products & Services of Novonate
Novonate offers a comprehensive portfolio of products and services, including LifeBubble®, NXT™ Family, and Optilume® BPH.
Secures umbilical catheters for neonatal patients in NICU.
Devices for diagnosing urological conditions in healthcare.
Catheter system for treating benign prostatic hyperplasia.
Apps and channels of Novonate
its YouTube channel Laborie Medical Technologies Corp has 4.9K subscribers and 2 videos.
Videos from Novonate
The most watched videos on Novonate's YouTube channel, Laborie Medical Technologies Corp (4.9K subscribers). Click a video to play it here.
More on Laborie Medical Technologies Corp.
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 $624,709
- Total Rounds 5
- Last Round Grant — $256,000
- Investors Count 3
All 5 funding rounds of Novonate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $256,000 | Grant | – | – | |
| Dec 2020 | $256,000 | Grant | – | – | |
| Nov 2017 | $624,709 | Seed | – | – | – |
| Jul 2017 | $225,000 | Grant | – | – | |
| Jun 2011 | Grant | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund backed by the US Government | seedfund.nsf.gov | Alexandria, United States | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Project-based bio-design courses are offered to Stanford graduates and post-docs. | biodesign.stanford.edu | Stanford, United States | ||
Medical products for female lower urinary tract dysfunctions are provided. | 1967 | laborie.com | Mississauga, Canada |
Investor details for Novonate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Novonate
4 dated milestones of Novonate across 12 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round.
- Founded Novonate is founded.
- Funding Latest funding round, Grant, of $256K.
- Exit Acquired by Laborie Medical.
Top companies in Pediatrics
3 companies that operate in the same segment as Novonate (Pediatrics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Owlet is recognized for developing FDA-cleared smart baby monitors. | 2013 | Lehi, Utah, United States | USD 54.96 M | USD 105.71 M | 85 | |
Therapeutics for gastrointestinal disorders, including linaclotide, are developed. | 1998 | Cambridge, Massachusetts, United States | USD 206.25 M | USD 296.15 M | 253 | |
Smart baby monitors and sleep tracking solutions are provided. | 2014 | New York, New York, United States | USD 116.6 M |
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Related news about Novonate
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Frequently Asked Questions about Novonate
Novonate was founded in 2017.
Novonate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Novonate is a funded company, having raised a total of $624.71K across 5 funding rounds to date.
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.
Novonate offers LifeBubble®, NXT™ Family, and Optilume® BPH.
Novonate has 4 investors. Key investors include Laborie Medical, America’s Seed Fund, National Science Foundation, and Stanford Biodesign.
Novonate operates through Laborie Medical Technologies Corp..
Yes. Novonate was acquired by Laborie Medical in February 2023.