Novinium

Novinium

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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

Industries

Mechanical Engineering, Industrial, Chemical

Founded

2003

Employees

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.

Employees

imagePlace Glen Bertini

Glen Bertini

Founder

imagePlace Steve Hightower

Steve Hightower

Chief Sales Officer

Funding Rounds

Funding rounds

3

Investors

1

Lead Investors

0

Total Funding Amount

$26.0M

Details

3

Novinium has raised a total of $26.0M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2016Late Stage Venture
2008Late Stage Venture6.0M
2015Late Stage Venture20.0M

Investors

Novinium is funded by 6 investors.

Investor NameLead InvestorFunding RoundPartners
New Energy & Clean Technology Ventures-FUNDING ROUND - New Energy & Clean Technology Ventures6.0M
David Griest-FUNDING ROUND - David Griest20.0M
Novinium-FUNDING ROUND - Novinium20.0M
SJF Ventures-FUNDING ROUND - SJF Ventures20.0M

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