# Novel Effect funding: rounds and investors

> Novel Effect has raised across 1 round since 2023. Investors include Techstars, Right Side Capital Management and Lux Capital. Every round with its source.

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

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

# Who invested in *Novel Effect*

One round we have observed, with the 5 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 2023, from 1 source

- **Latest round:** Venture Mar 2023
- **Investors:** 5

See who backed them

## The rounds

- **Mar 2023** Venture **Amount undisclosed** [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Maveron](https://millionrounds.com/fund/maveron) [Alpha Edison](https://millionrounds.com/fund/alpha-edison) Source recorded

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Matthew Hammersley** Executive Officer, Director i

On the board, as filed i *Bill Carr* *Daniel Leff* *Melissa Hammersley* *Nick Grouf*

## Everyone who backed them

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

[Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round

[Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **1** round

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

[Alpha Edison](https://millionrounds.com/fund/alpha-edison) VC firm **1** round

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

## Also claim to have backed them

This firm lists Novel Effect as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Community Access Fund](https://millionrounds.com/fund/community-access-fund) VC firm Per its own site

## Quick answers about Novel Effect

### Who invested in Novel Effect?

Novel Effect's investors include Techstars, Right Side Capital Management, Lux Capital, Maveron and Alpha Edison.

### How much has Novel Effect raised?

Novel Effect has raised 1 round since 2023, none with a disclosed amount.

### When did Novel Effect last raise?

Novel Effect's most recent round was a Venture in Mar 2023.

### Who backed Novel Effect first?

Novel Effect's first round on record, in Mar 2023, was backed by Techstars, Right Side Capital Management and Lux Capital and 2 others.

### What stage is Novel Effect at?

Novel Effect's latest named round is a Venture, in Mar 2023.

### Where is Novel Effect based?

Novel Effect is based in the United States.

## Companies like Novel Effect

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

## Find investors like these

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