NOVA8 Ventures is a venture capital firm actively seeking promising startups and early-stage companies in the fiber/wireless telecommunications, SaaS, and core interconnection and edge data centers sectors. The company makes initial investments ranging from $25,000 – $150,000, with potential follow-on investments up to $1 Million in the best-performing ventures. For Series A rounds, NOVA8 Ventures typically invests between $250,000 – $500,000, considering future rounds based on the company’s performance and growth outlook.
Additionally, the firm engages in sidecar or co-investments ranging from $50,000 to $250,000 per venture with other trusted investors and funds. NOVA8 Ventures' investment criteria focus on sectors such as telecommunications, information technology, AI, big data, and SaaS, with a preference for companies located in the Midwest, particularly in the Kansas City area. Notably, they do not make international investments.
The firm seeks entrepreneurs with relevant industry expertise and a strong professional network. Moreover, they prioritize open-minded entrepreneurs with a clear path to a liquidity event and a three-to-seven year exit strategy. Currently, NOVA8 Ventures' investment portfolio includes companies such as Velocity Fiber, Stackify, WANRack, and Eta Vision, with past investments in Navifreight and 1102 Grand.