Tech Company Financing Transactions
Novele Funding Round
Arup, Barton Investment Management and Locke Capital participated in a $17 million Series A funding round for Novele. This venture round was recorded on 10/4/2026.
Transaction Overview
Company Name
Announced On
10/4/2026
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Proceeds Purpose
Novele plans to use the new funding to support the expansion of its engineering, deployment, and commercial teams.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
270 Madison Avenue
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Undisclosed
Website
Email Address
Overview
Novele is an applied AI company that provides an AI-powered energy software platform called BoardOS. This system integrates with the company's distributed energy storage platform, EnergyBoard, to analyze and control building power usage in real time, helping properties manage costs and optimize energy consumption in response to grid conditions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charles Conwell
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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