Innovation

Novares Venture Capital

Novares Venture Capital is a fund dedicated to investments in startups and innovative companies to build close and durable partnerships.
Novares Venture Capital collaborates with Raise Lab and Arts & Métiers Business Angels.

Novares Innovation ecosystem

Established in 2018, Novares Venture Capital is the Group’s Corporate Venture capital arm. It funds startups that have developed breakthrough or disruptive technologies or business models which will help Novares to add value to its products portfolio. This new entity clearly reflects Novares’ strategy based on pragmatic innovation.

Novares Venture Capital will help agile, innovation-driven companies by funding their growth. These companies will also benefit from joining Novares innovation ecosystem, with the clear objective of eventually selling and manufacturing innovation:

• Global commercial and industrial reach of Novares Group
• Support for industrialization
• Support for automotive and ISO/IATF qualifications
• Collaboration on Novares’ open innovation lab program, Nova Car
• Fair approach / joint IP / JDA (Background/foreground IP)
• Cross pollination with others techs companies/startups in Novares’ innovation ecosystem
• Joint marketing initiatives / Corporate communication

A FUND OF €50 M – €12 M ALREADY INVESTED

With initial investment capital of €50 million for a period of five years, Novares Venture Capital will take minority stakes in startups with disruptive technologies and/or new business models.

 

Novares Venture Capital’s investment strategy is as follows:

• Serie A investment round (seeding can also be considered)
• Minority stake (5% to 20%) with a Board seat
• Global reach
• Only direct investment (no fund of funds strategy)
• Co-investment welcome
• Investment conditioned to an existing and fruitful collaboration with Novares Group, to solidify the partnership

Priority areas of focus include amongst others:

Green Mobility

Intuitive & Safe user interface

New UX for Health Wellness Safety or Comfort

Pierre-Olivier BECK, VP M&A and Venture Capital

‘Novares is an excellent partner for bringing smart surfaces to the automotive supply chain. FlexEnable’s glass-free display technology meets the evolving needs of the automotive HMI, while also improving passengers’ experience and safety.’

Chuck Milligan, CEO of FlexEnable

 

NOVA CAR #2: FlexView

Virtual exterior mirrors with flexible screens and augmented reality potential

‘We leverage each other’s strengths: Actronika’ s rich technical expertise and Novares’ widespread knowledge and understanding of the market and product opportunities.’

Gilles Meyer, CEO ACTRONIKA

 

NOVA CAR #1: Touch ‘N Feel

A sensitive touch & scroll panel with haptic feedback

‘Working jointly with NOVARES brings innovative ideas and better serves customers with investments to expand capacity and enhance capability.’

Anand Kanoria, APAGCoSyst, Joint-CEO

 

NOVA CAR #2: Smart Breeze

Slim and motorized air vents with light

‘The investment from Novares in Quad Industries reinforces our long-term collaboration. It brings the needed know-how to integrate our printed electronics technologies into automotive components and systems.’

Arne Casteleyn, co-CEO and Sales Director

 

NOVA CAR #1 and NOVA CAR #2: Touch’n Play

Personalized and decorative smart surface that goes beyond buttons (capacitive touch with haptic feedback)

NOVARES VENTURE DAY

 

Novares Group held its first ever Venture Day in Paris on October 9, awarding three startup companies from a field of eight pitching their ideas to an expert jury.
The event, at Pavillon Gabriel, was set up around ‘green mobility’ and was attended by key players from the investment and innovation ecosystem.

FIRST EDITION Paris – Pavillon Gabriel

8 pitches
of international
startups

7 key
innovation
speakers

3 innovative
startups
rewarded

Virtual Pitches
NOVARES VENTURE DAY LIVE FROM PARIS TO DETROIT

Discover our Novares Startup Program

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Novares Startup Program

 

Speed up with Novares, open call for projects from Startups & Small Businesses