Funded Startups in Novi
Recent funding tied to Novi shows a clear disclosed-amount outlier.
Recent funding tied to Novi shows a clear disclosed-amount outlier. Among the 5 most recent entries, only three rounds have disclosed amounts ($12M on 2023-08-22 for Delphinus Medical Technologies; $600M on 2022-09-08 for ITC Holdings; $500K on 2021-03-04 for V1 Sports), with ITC Holdings’ $600M debt financing on 2022-09-08 dwarfing the next-largest disclosed round ($12M) and far above the $500K V1 Sports round. Three entries are “Series Unknown” (Our Next Energy on 2025-03-06; Noble Gas Systems on 2024-10-04; V1 Sports on 2021-03-04), while one is Debt Financing (ITC Holdings, 2022-09-08) and one is disclosed but unspecified beyond Series Unknown/round type (Delphinus Medical Technologies, 2023-08-22).
The date window spanned by the 5 rows runs from 2021-03-04 through 2025-03-06, but the two undisclosed entries anchor the most recent period (2024-10-04 and 2025-03-06). Sector mix is not dominated by a single theme in these five rows (Consumer Electronics appears twice: Our Next Energy on 2025-03-06 and ITC Holdings on 2022-09-08; the other sectors appear once each).
Most recent rounds
5 shownRelated listings
Frequently asked
What are the disclosed amounts’ size pattern in Novi, and which round stands out most?
Disclosed funding is highly skewed: ITC Holdings’ $600M debt financing (2022-09-08) is the only disclosed round in the hundreds of millions, versus $12M (Delphinus Medical Technologies, 2023-08-22) and $500K (V1 Sports, 2021-03-04). The disclosed amounts therefore cluster at the low end with one large outlier in between.
How much of this Novi list is concentrated in the most recent entries (by round date)?
Two of the five most recent rows fall in the latest ~6 months of the range shown: Noble Gas Systems (undisclosed, 2024-10-04) and Our Next Energy (undisclosed, 2025-03-06). Earlier disclosed rounds are separated more broadly across 2021-03-04 (V1 Sports) through 2023-08-22 (Delphinus Medical Technologies), spanning the full period from 2021-03-04 to 2025-03-06.
Do “Series Unknown” and “undisclosed” amounts dominate this set, suggesting limited visibility on round terms?
Yes: 3 of 5 entries label the round as “Series Unknown” (Our Next Energy, 2025-03-06; Noble Gas Systems, 2024-10-04; V1 Sports, 2021-03-04). In parallel, 2 of 5 rows show “undisclosed” amounts (Our Next Energy and Noble Gas Systems), while only 3 rows provide disclosed amounts ($12M, $600M, $500K).
Is any sector over-represented among the five Novi entries?
Consumer Electronics appears twice (Our Next Energy on 2025-03-06 and ITC Holdings on 2022-09-08), while Energy (Noble Gas Systems, 2024-10-04), Biotechnology (Delphinus Medical Technologies, 2023-08-22), and Data and Analytics (V1 Sports, 2021-03-04) appear once each. That makes the sector mix relatively dispersed in this slice.
Which companies look like the most analytically distinct cases in this Novi slice?
ITC Holdings is the standout distinct case on scale and financing type, with a disclosed $600M debt financing (2022-09-08) compared to the only other sizable disclosed figure, $12M for Delphinus Medical Technologies (2023-08-22). On the other end, V1 Sports’ $500K (2021-03-04) is far smaller than the $12M and $600M disclosed rounds, making it the low-end counterpoint among disclosed amounts.
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