Novel Microdevices
PrivateLast Round
Seed Round
Apr 27, 2026
Total Funding Raised
$24.26M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Novel Microdevices is a diagnostic equipment company that develops a handheld point-of-care medical device designed to facilitate molecular diagnostics.
Sector
Healthcare & Life Sciences
Verticals
Medical Devices, Biotechnology, Biotech Equipment
Business Model
B2B
Customer Profile
Usage-Based SaaS, Hardware Sales
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Novel Microdevices Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Novel Microdevices Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed Round | Apr 27, 2026 | ||||
| Grant | Jun 19, 2025 | ||||
| VC Round | Feb 18, 2025 | ||||
| Early Funding | Feb 18, 2025 | ||||
| Grant | Nov 8, 2024 | ||||
Grant | Aug 7, 2023 |
Key People
Founding team and executive leadership
Novel Microdevices Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| CARB-X | Grant |
| NIH RADx | Grant |
| TEDCO | Series A, Early Funding, VC Round, Pre Seed |
| Maryland Department of Commerce | Grant |
| Old Line Capital Partners | Series A |
| National Institutes of Health (NIH) | Grant |
| Ecphora Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 27, 2026
$1M raised in Seed Round.
Novel Microdevices Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Novel Microdevices's valuation, stock price, and market status.