Nova is a Liverpool-based tech startup cofoundery, launched in 2014. It partners with entrepreneurs to develop their ideas into successful, scalable tech startups, in sectors including healthtech, fintech, edtech and eGaming.
With no personal capital investment required, Nova provides entrepreneurs with mentorship, guidance and funding. It invests at the ideas stage, and through its team of 20+ startup mentors – plus over 150 designers, hardware and software engineers and marketers globally – it takes startups from idea, to product, to market.
The decision to take up space at Sensor City follows a continued period of company growth for Nova, having co-founded 35 startups in 2018, and with plans to launch a further 50 throughout 2019. The move will see Nova’s hardware development team move into the space to execute the increasing number tech products currently in development.
Nova’s hardware team are currently working across 12 different startup projects, including innovative products such as a wearable device for monitoring fetal movement during pregnancy, a monitoring device to anticipate meltdowns for autistic children, a product to track hand hygiene in medical settings and a sensor enabled fluid monitoring system for care facilities.
Andy Dean, head of partnerships at Nova said about the move:
“With the use of the facilities on-site at Sensor City we’re anticipating that it will improve our speed to market. The ability to very quickly produce prototypes to test concepts with our user panels allows us to learn what works, and what doesn’t, iterate and reach the correct product solution much more quickly and efficiently.
Our recent announcement to partner with IOTA will mean that going forward there will be an increased number of IoT startups, and products, that we’re working on. Here at Sensor City there’s no better place for us to do this.
We want to encourage anyone with a great tech idea to apply for our programme. We are looking forward to exploring new, innovative ways of solving problems utilising the technology and facilities now available to us at Sensor City.”