# Novai funding: rounds and investors

> Novai has raised across 1 round since 2024. Investors include SFC Capital and Ascension. Every round with its source.

Source: https://millionrounds.com/company/novai (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Novai*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture Dec 2024
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2024** Venture **Amount undisclosed** [SFC Capital](https://millionrounds.com/fund/sfc-capital) [Ascension](https://millionrounds.com/fund/ascension) Source recorded

## Founders and team

From Novai's own website: 1 founder, 7 on the team.

**Prof. Francesca Cordeiro** Founder, Director & Chief Executive Officer

- **Dr. Alex Wilson** Director of Corporate Development & Quality
- **Dr. Dan Hill** Senior Research Scientist
- **Dr. Emma Metcalfe-Smith** Product Manager
- **Dr. Wei Wei** Research Scientist
- **Harp Miller** Finance Manager
- **Hashir Gill** Strategy and Business Development Manager
- **Jennifer Raffrenato** Project Manager

## Everyone who backed them

[SFC Capital](https://millionrounds.com/fund/sfc-capital) Angel network **1** round

[Ascension](https://millionrounds.com/fund/ascension) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=novai).

## Also claim to have backed them

These 2 firms list Novai as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[ExSight Ventures](https://millionrounds.com/fund/exsight-ventures) VC firm Per its own site

[Anglia Capital Group](https://millionrounds.com/fund/anglia-capital-group) Angel network Per its own site

## Quick answers about Novai

### Who invested in Novai?

Novai's investors include SFC Capital and Ascension.

### How much has Novai raised?

Novai has raised 1 round since 2024, none with a disclosed amount.

### When did Novai last raise?

Novai's most recent round was a Venture in Dec 2024.

### Who backed Novai first?

Novai's first round on record, in Dec 2024, was backed by SFC Capital and Ascension.

### What stage is Novai at?

Novai's latest named round is a Venture, in Dec 2024.

### Where is Novai based?

Novai is based in the United Kingdom.

## Companies like Novai

In the same sector, and raised in the last eighteen months.

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app