About Novosound
Novosound is a Technology company based in Glasgow (United Kingdom) founded in 2018 by Dave Hughes and Richard Cooper. Ultrasound sensors for pipeline monitoring and fault detection are provided. It operates in the Technology and Energy & Utilities sectors. Novosound has raised $6.24 million across 3 funding rounds from investors including Scottish Enterprise, Foresight Williams Technology (FWT) and Foresight Group. The company has 35 employees. Its chief executive, as recorded, is Richard Cooper. Novosound offers products and services including The Slanj, The Ceilidh, and The Kelpie. Its focus areas include Semiconductors, Sensors, Industry Applications and Oil & Gas. Its legal entity is NOVOSOUND LTD. Its competitors include Silixa, CorrosionRADAR and QLM; 3 of its 3 listed competitors have raised funding.
Company details
Novosound was founded in 2018 in Glasgow, United Kingdom, within the sensors and imaging sector. Ultrasound probes are supplied for pipeline monitoring, where cracks and physical faults are detected. High-temperature operation is enabled by these sensors. Additional applications encompass non-destructive testing imaging, dental imaging, and medical imaging across various industries.
- Headquarters Glasgow, United Kingdom
- Employees 35
- Founders Dave Hughes, Richard Cooper
- SectorsTechnologyEnergy & Utilities
- Email••••••••
- Website novosound.net
- Social LinkedIn X Facebook
- Legal Name Novosound Ltd
- Date of Incorporation 19 Oct, 2016
- Jurisdiction EDINBURGH, UNITED KINGDOM
- Total Equity Funding$6.24M (USD)
in 3 rounds
- Latest Funding Round$4.4M (USD), Series A
Dec 2019
- InvestorsScottish Enterprise
& 6 more
- Employee Count35
Products & Services of Novosound
Novosound offers a comprehensive portfolio of products and services, including The Slanj, The Ceilidh, and The Kelpie.
Wireless ultrasound platform for monitoring health metrics
Tool for detecting corrosion in wide-area inspections
Device for bespoke non-destructive testing applications
Funding Insights of Novosound
Novosound has successfully raised a total of $6.24M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.4 million completed in December 2019. 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 $6.24M
- Total Rounds 3
- Last Round Series A — $4.4M
- First Round $1.84M
(Apr 2018)
- Investors Count 7
All 3 funding rounds of Novosound 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 2019 | $4.4M | Series A | – | Foresight Williams | |
| Jul 2019 | $1.27M | Grant | – | – | |
| Apr 2018 | $1.84M | Seed | – | Par Equity |
7 investors in total: 7 institutional.
Investors in Novosound
Novosound has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Scottish Enterprise, Foresight Williams Technology (FWT) and Foresight Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and natural capital investments are managed by Par Equity. | 2008 | parequity.com | Edinburgh, United Kingdom | |
| kelvincapital.com | ||||
Early-stage investment is provided to promising Scottish entrepreneurs. | gabriel-is.com | Glasgow, Scotland | ||
| eos-tech-investors.com | ||||
Early-stage technology companies are supported through strategic investments. | foresightwilliams.co.uk | London, United Kingdom | ||
Foresight Group is engaged in sustainable investment management. | 1984 | foresightgroup.eu | ||
Business development and leadership training programs are offered to companies. | 1991 | scottish-enterprise.com | Glasgow, United Kingdom |
Investor details for Novosound
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People of Novosound
17 people are tracked at Novosound (5 in leadership, 1 in board & advisors, 11 in team); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
Dave Hughes | Co-Founder & CTO | Leadership |
Richard Cooper | Co-Founder & CEO | Leadership |
Dan Irving | Director Of Research & Development | Leadership |
Gwen Grant | Chief Administrative Officer | Leadership |
David Jolliffe | Chief Financial Officer | Leadership |
Derek Mathieson | Chairman | Board & advisors |
Blair Rocks | Application Specialist, Kelpie | Team |
David Lunardi | Software Engineer | Team |
Heather Trodden | Technical Solutions & IP Coordinator | Team |
Kevin McAughey | Senior Software Architect | Team |
Karen Robertson | Executive Operations Manager | Team |
Julie Walker | Administration Assistant | Team |
Matt McInnes | Senior Applications Specialist | Team |
Mansa Rijal | Project Coordinator | Team |
Olga Rosique Vazquez | Production Support Engineer | Team |
Neill Wight | Senior Mechanical Design Engineer | Team |
Giulia Core | Senior Application Specialist | Team |
Complete people profiles for Novosound
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Novosound
3 dated milestones of Novosound across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Novosound is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series A, of $4.4M.
Competitors of Novosound
Novosound has 3 listed competitors in our database, 3 of them funded. They include Silixa, CorrosionRADAR and QLM.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| silixa.com | 2007 | London, United Kingdom | $18M | 120 | Provider of fibre optic monitoring solutions for the oil and gas industry | |
| corrosionradar.com | 2016 | Cranfield, United Kingdom | $14.38M | 18 | Provider of corrosion management solution for the oil and gas industry | |
| qlmtec.com | 2017 | Newport, United Kingdom | $18.85M | 11 | Quantum sensing technology is provided for natural gas leak detection. |
Detailed competitors of Novosound
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Web traffic of Novosound
The website of Novosound (novosound.net) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 53.9% vs previous month
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Frequently Asked Questions about Novosound
Novosound was founded in 2018.
Novosound is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Richard Cooper is the CEO of Novosound, as recorded in our data. They have also founded this company.
Novosound is a funded company, having raised a total of $6.24M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.84M, raised on Apr 2018.
Novosound has 35 employees.
Novosound was founded in 2018 in Glasgow, United Kingdom, within the sensors and imaging sector. Ultrasound probes are supplied for pipeline monitoring, where cracks and physical faults are detected. High-temperature operation is enabled by these sensors. Additional applications encompass non-destructive testing imaging, dental imaging, and medical imaging across various industries.
Novosound's top competitors include QLM, CorrosionRADAR and Silixa.
Novosound offers The Slanj, The Ceilidh, and The Kelpie.
Novosound has 7 investors. Key investors include Scottish Enterprise, Foresight Williams Technology (FWT), Foresight Group, Par Equity, and Kelvin Capital.
Novosound operates through Novosound Ltd.