Novati Technologies, LLC

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Novati Technologies, LLC - overview

Established

2012

Location

Austin, TX, US

Primary Industry

Semiconductors

About

Novati Technologies, LLC is a technology company specializing in innovative solutions within the semiconductor and photonics sectors, providing advanced products designed to enhance industry applications. Founded in 2012 and headquartered in Austin, US, Novati Technologies, LLC focuses on semiconductor technologies. In October 2017, Novati was acquired by a consortium including Cottonwood Technology Fund and Deutsche Telekom Strategic Investments, marking a significant pivot in its business strategy. Novati Technologies, LLC specializes in semiconductor technology, particularly in the design and manufacturing of photonic components that integrate advanced materials for diverse applications.


Their product offerings leverage innovative technologies for industries including telecommunications and automotive, targeting global markets across North America, Europe, and Asia. Novati Technologies generates revenue through business-to-business (B2B) sales, supplying photonic solutions to major industry players. Their business model involves direct sales agreements for products tailored to specific applications, facilitating efficient manufacturing and cost-effectiveness for clients. Looking ahead, Novati Technologies plans to expand its product line with new photonic solutions targeting the telecommunications and automotive sectors, with products expected to launch by late 2023.


The company aims to penetrate new markets in Asia and Europe by 2024. The funding acquired during the October 2017 acquisition will support these product developments and market expansions.


Current Investors

Telefonaktiebolaget LM Ericsson, Nokia Siemens Networks, Skorpios Technologies, Inc.

Primary Industry

Semiconductors

Sub Industries

Fabless Semiconductors

Website

www.novati-tech.com

Company Stage

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Total Amount Raised

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Novati Technologies, LLC - employee data

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