Investments
47Portfolio Exits
18About Novel TMT Ventures
Novel TMT Ventures is a British Virgin Islands company which is wholly owned by Novel TMT Investments. Novel TMT is the technology, media and telecom investment arm of the Hong Kong based Novel Group, the diversified investment group of Silas Chou and his family.
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Latest Novel TMT Ventures News
Apr 8, 2020
WorkClout today announced a seed funding of $2.3M. Spider Capital led this round, with participation from Y Combinator, Liquid 2, Soma Capital, Pioneer Fund, Mehta Ventures, Magic Fund, Oyster Ventures, Novel TMT Ventures, Jude Gomila, Kevin Mahaffey, Alan Rutledge, Yuri Sagalov, Frank Zhang, Jonathan Downey, Jan Senderek, Ben Max Rubinstein, Andy Lam and more. WorkClout is enabling industrial labor to perform to their highest potential. WorkClout is a tool that helps industrial Operations & HR Teams make better decisions to improve production efficiency. WorkClout's SaaS tool to helps industrial labor perform to their highest potential by centralizing on-the-job employee training, troubleshooting, safety/quality procedures, knowledge building, and performance tracking. WorkClout is a Y Combinator company. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
Novel TMT Ventures Investments
47 Investments
Novel TMT Ventures has made 47 investments. Their latest investment was in PredictSpring as part of their Series B on June 6, 2022.
Novel TMT Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/15/2022 | Series B | PredictSpring | $16M | No | 5 | |
7/28/2021 | Series D - II | Bloom & Wild | $41.59M | Yes | 3 | |
7/13/2021 | Unattributed VC - III | Elevate Brands | No | 4 | ||
2/25/2021 | Unattributed VC | |||||
3/28/2019 | Series A |
Date | 6/15/2022 | 7/28/2021 | 7/13/2021 | 2/25/2021 | 3/28/2019 |
|---|---|---|---|---|---|
Round | Series B | Series D - II | Unattributed VC - III | Unattributed VC | Series A |
Company | PredictSpring | Bloom & Wild | Elevate Brands | ||
Amount | $16M | $41.59M | |||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 5 | 3 | 4 |
Novel TMT Ventures Portfolio Exits
18 Portfolio Exits
Novel TMT Ventures has 18 portfolio exits. Their latest portfolio exit was Elevate Brands on May 31, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
5/31/2023 | Acquired | 6 | |||
4/11/2023 | Acquired | 9 | |||
3/23/2023 | Acquired | 4 | |||
Date | 5/31/2023 | 4/11/2023 | 3/23/2023 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 6 | 9 | 4 |
Novel TMT Ventures Team
1 Team Member
Novel TMT Ventures has 1 team member, including current Founding Partner, Andrew Fine.
Name | Work History | Title | Status |
|---|---|---|---|
Andrew Fine | Tommy Hilfiger, and Lehman Brothers | Founding Partner | Current |
Name | Andrew Fine |
|---|---|
Work History | Tommy Hilfiger, and Lehman Brothers |
Title | Founding Partner |
Status | Current |
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