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Overview
Novinium maximizes the ROI of cable-reliability programs with rehabilitation solutions that result in less cable being replaced, reduce hazard exposure, require shorter outages, and offer up to a 40-year warranty. Whether performing turnkey rehabilitation or tailored rejuvenation, only Novinium, with its proprietary technology and process flexibility, delivers more rehabilitation at the lowest total cost per foot.
Underground cable rejuvenation goes by several names, including chemical restoration, dielectric enhancement, cable treatment, and silicone injection. Whatever the name, Novinium and its partners deliver the most advanced formulations and methods for extending the reliable life of underground cable. They offer a full spectrum of cable-rejuvenation technologies to provide the highest level of circuit system reliability — always with the least capital intensity and the most advantageous life-cycle cost.
All of the commercially significant cable-rejuvenation technologies in use around the world were invented by Novinium founders and their Novinium teammates. The Novinium team brings together the industry’s most experienced cable-rejuvenation specialists.
That experience, combined with unrelenting process and technology improvements, means that circuit owners benefit from improved circuit reliability and the lowest capital cost. Their customers see immediate, tangible results: capital investments in their technologies have saved over US$1 billion globally, and that number grows every day.
Circuit owners around the world have come to rely upon the rejuvenation technology and advancements invented by their experts. Only Novinium can offer circuit owners access to the most knowledgeable rehabilitation team in the world. Providing twice the life and twice the reliability for your cables, Novinium offers circuit owners a portfolio of injection fluids and injection processes that can be tailored to your needs.
About
Mechanical Engineering, Industrial, Chemical
2003
101-250
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Novinium headquartered in United States, North America, operates in the Mechanical Engineering, Industrial, Chemical sector. The company focuses on Mechanical Engineering and has secured $936.0M in funding across 36 round(s). With a team of 101-250 employees, Novinium is actively contributing to advancements in Mechanical Engineering. Their latest funding round, Series D - Novinium, raised $20.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
3
1
0
$26.0M
Details
3
Novinium has raised a total of $26.0M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Late Stage Venture | |||
2008 | Late Stage Venture | 6.0M | ||
2015 | Late Stage Venture | 20.0M |
Investors
Novinium is funded by 6 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
New Energy & Clean Technology Ventures | - | FUNDING ROUND - New Energy & Clean Technology Ventures | 6.0M |
David Griest | - | FUNDING ROUND - David Griest | 20.0M |
Novinium | - | FUNDING ROUND - Novinium | 20.0M |
SJF Ventures | - | FUNDING ROUND - SJF Ventures | 20.0M |
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