Founded in 1994, Novus Ventures is a well-known VC based in Cupertino, California. With an average investment value of $10-50 million, the firm focuses on startups that are 6-10 years old. While Novus Ventures has a lower exit rate compared to other organizations, it has had successful investments in companies like Encirq Corporation, Pathwork Diagnostics, and QD Vision. The firm's key areas of investment include software and manufacturing, and it typically participates in funding rounds with 4-5 other investors.