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Novelda
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Developer of motion and biometric sensors for automation and monitoring applications

Founded in 2004
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Company type Private Public ()
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Industry Group energy & power

Sector buildings

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Norway Kviteseid, Norway
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Add Investment
Date Investors Type Amount
02/04/2019 Investinor Investinor , Alliance Venture Alliance Venture (2)
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This funding will be used for continued development of the XeThru radar sensor technology for high volume applications.
 Series B $15,000,000
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