Founded in 2014, NovX Capital is the venture capital arm of Noveo Group. The firm focuses on investing in startups in sectors such as big data, smart home, smart cities, fintech, e-healthcare, medical devices, connected cars, and marketplace. They typically invest in rounds with 3-4 participants and have been known to co-invest with other firms like Wilco, Kima Ventures, and Investessor. NovX Capital has a preference for startups that are less than a year old and has a particular interest in the Consumer Goods and Electronics industries. While the fund was founded in Europe, their most frequent investments are in the United States. Some notable portfolio companies of NovX Capital include Sevenhugs. The firm has an average of less than 2 deals per year, with their highest activity seen in 2016. They typically invest in the range of $5-10 million.