About Novonix
Novonix is a company based in Dartmouth (Canada) founded in 2013 was acquired by Graphitecorp in March 2017.. Novonix has raised $40 thousand across 1 funding round from investors including Innovacorp and Graphitecorp. Novonix operates in a competitive market with competitors including Titan Advanced Energy Solutions, Aviloo, Allosense, NEXT Square and thinkenergy.tech, among others.
- Headquarter Dartmouth, Canada
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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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
$40 K (USD)
in 1 rounds
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Latest Funding Round
$40 K (USD), Seed
Jan 27, 2014
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Investors
Innovacorp
& 1 more
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Employee Count
Employee Count
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Acquired by
Graphitecorp
(Mar 02, 2017)
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Funding Insights of Novonix
Novonix has successfully raised a total of $40K through 1 strategic funding round. The most recent funding activity was a Seed round of $40 thousand completed in January 2014. 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 1
- Last Round Seed — $40,000
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First Round
First Round
(27 Jan 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Seed - Novonix | 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 Novonix
Novonix has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innovacorp and Graphitecorp. 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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Accelerator, Incubator & VC Firm investing primarily in Canada and the US
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Founded Year | Domain | Location | |
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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 Novonix
| 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 - Novonix
| 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 |
Novonix Comparisons
Competitors of Novonix
Novonix 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 Titan Advanced Energy Solutions, Aviloo, Allosense, NEXT Square and thinkenergy.tech, 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.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Novonix
Frequently Asked Questions about Novonix
When was Novonix founded?
Novonix was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Novonix located?
Novonix is headquartered in Dartmouth, Canada. It is registered at Dartmouth, Nova Scotia, Canada.
Is Novonix a funded company?
Novonix is a funded company, having raised a total of $40K across 1 funding round to date. The company's 1st funding round was a Seed of $40K, raised on Jan 27, 2014.
What does Novonix do?
Novonix was founded in 2013 in Dartmouth, Canada, within the battery technology sector. Precision charger systems for measuring coulombic efficiency in Li-ion cells are developed, achieving less than 10 ppm precision and 50 ppm accuracy. Materials for battery applications are evaluated from structural characterization and physical property measurements to electrochemical performance in coin, pouch, prismatic, or cylindrical cells.
Who are the top competitors of Novonix?
Novonix's top competitors include Titan Advanced Energy Solutions, Aviloo and Allosense.
Who are Novonix's investors?
Novonix has 2 investors. Key investors include Innovacorp, and Graphitecorp.
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