# NuvoAir funding: rounds and investors

> NuvoAir has raised $14M across 2 rounds since 2019. Investors include Industrifonden, Kaya VC and Novartis. Every round with its source.

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

Sweden · [Series A startup](https://millionrounds.com/companies)

# Who invested in *NuvoAir*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2019, from 2 sources

**$3.0M** Round **$11M** Series A

- **Latest round:** Series A, $11M Jan 2022
- **Step-up i:** 3.7×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022

**$3.0M** Round

**$11M** Series A

- **First round:** Round, $3.0M
- **Biggest round:** $11M
- **Between rounds:** 2.8 years

## The rounds

- **Jan 2022** Series A **$11M** *3 new* *1 returning* [Industrifonden](https://millionrounds.com/fund/industrifonden) [Kaya VC](https://millionrounds.com/fund/kaya-capital) [Novartis](https://millionrounds.com/fund/novartis) [AlbionVC](https://millionrounds.com/fund/albionvc) Source recorded SEC filing: $11M sold, first sale Jan 2022
- **Apr 2019** Round **$3.0M** *1 new* [Industrifonden](https://millionrounds.com/fund/industrifonden) Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Series A** 2022 [Industrifonden](https://millionrounds.com/fund/industrifonden) [Kaya VC](https://millionrounds.com/fund/kaya-capital) [Novartis](https://millionrounds.com/fund/novartis) [AlbionVC](https://millionrounds.com/fund/albionvc)

## Everyone who backed them

[Industrifonden](https://millionrounds.com/fund/industrifonden) VC firm **2** rounds

[Kaya VC](https://millionrounds.com/fund/kaya-capital) VC firm **1** round

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

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

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

## Also claim to have backed them

This firm lists NuvoAir 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.

[Hikma Ventures](https://millionrounds.com/fund/hikma-ventures) Corporate VC Per its own site

## Quick answers about NuvoAir

### Who invested in NuvoAir?

NuvoAir's investors include Industrifonden, Kaya VC, Novartis and AlbionVC.

### How much has NuvoAir raised?

NuvoAir has raised $14M across 2 rounds since 2019.

### When did NuvoAir last raise?

NuvoAir's most recent round was a Series A of $11M in Jan 2022.

### What was NuvoAir's biggest round?

Its most recent round, $11M in Jan 2022, is also its largest on record.

### Who backed NuvoAir first?

NuvoAir's first round on record, in Apr 2019, was backed by Industrifonden.

### What stage is NuvoAir at?

NuvoAir's latest named round is a Series A, in Jan 2022.

### Where is NuvoAir based?

NuvoAir is based in Sweden.

## Companies like NuvoAir

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

[**Neko Health** $1.7B · Sept 2026](https://millionrounds.com/company/neko-health)[**Tandem Health** $150M · Sept 2026](https://millionrounds.com/company/tandem-health)[**OncoZenge** $3.9M · Sept 2026](https://millionrounds.com/company/oncozenge)[**CubaseBio** $9.2M · Sept 2026](https://millionrounds.com/company/cubasebio)[**EnginZyme** $7.6M · Sept 2026](https://millionrounds.com/company/enginzyme)[**Readily Diagnostics** $2.7M · Aug 2026](https://millionrounds.com/company/readily-diagnostics)

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