NovelIC Microsystems - About the company
NovelIC Microsystems is an acquired company based in Belgrade (Serbia), founded in 2013 by Veljko Mihajlovic and Darko Tasovac. It operates as a Semiconductor IP cores and design services with focus on RF/mm and analog solutions. NovelIC Microsystems has raised an undisclosed amount in funding. The company has 131 active competitors, including 35 funded and 17 that have exited. Its top competitors include companies like Mobileye, KPIT Technologies and Aptiv.
Company Details
NovelIC Microsystems is a high tech design services and silicon IP provider. Its expertise is in the field of RF/mm-Wave, analog and mixed-signal IC design, and digital front-end designs for communications systems. Its major IP is the novel 60 GHz Radar sensor technology. It finds application in vital signs monitoring, seat occupation detection, driver fatigue detection, perimeter security, parking, gesture and emotion detection, etc. It also develops signal processing IP cores and antenna IPs.
- Website
- www.novelic.com
- Email ID
- *****@novelic.com
- Phone Number
- +381 **********
- Registered Address
- Comstar Technical Centre, 1st Floor S. NO. 243/1,2A, Anjur, Kanchipuram, Chengalpattu, Tamil Nadu, India, 603204
Key Metrics
Founded Year
2013
Location
Belgrade, Serbia
Stage
Acquired
Latest Funding Round
Ranked
9th among 131 active competitors
Employee Count
131 as on Sep 30, 2026
Exit Details
Acquired by Sona Comstar (Jan 09, 2023)
Legal entities associated with NovelIC Microsystems
NovelIC Microsystems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
NOVELIC INDIA PRIVATE LIMITED CIN: U29301TN2025FTC186474 , India, Active | Nov 28, 2025 | - | - |
NovelIC Microsystems's acquisition details
NovelIC Microsystems got acquired by Sona Comstar on Jan 09, 2023 at an acquisition amount of $*****.
Click here to take a look at NovelIC Microsystems's acquisition in detail
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NovelIC Microsystems's funding and investors
NovelIC Microsystems has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on May 01, 2015 for $*****. 1 investor participated in its latest round. NovelIC Microsystems has 2 institutional investors.
Here is the list of recent funding rounds of NovelIC Microsystems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 01, 2015 | 9297212 | Grant (prize money) | 4639456 | 5966409 | 8230291 | 5079947 |
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NovelIC Microsystems' founders and board of directors
Founder? Claim ProfileThe founders of NovelIC Microsystems are Veljko Mihajlovic and Darko Tasovac.
Here are the details of NovelIC Microsystems' key team members:
- Veljko Mihajlovic: Co-Founder. Chief Technical Officer Soc/Fpga of NovelIC Microsystems.
- Darko Tasovac: Co-Founder & CEO of NovelIC Microsystems.
View details of NovelIC Microsystems's Founder profiles and Board Members
NovelIC Microsystems' employee count trend
NovelIC Microsystems has 131 employees as of Sep 26. Here is NovelIC Microsystems's employee count trend over the years:
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NovelIC Microsystems's Competitors and alternates
Top competitors of NovelIC Microsystems include Mobileye, KPIT Technologies and Aptiv. Here is the list of Top 10 competitors of NovelIC Microsystems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of automated driving systems and vehicle safety sensor technology | $530M | 81/100 | ||
2nd |  KPIT Technologies 1990, Pune (India), Public | Autonomous driving solutions for vehicles | - | 71/100 | |
3rd | Aptiv 1994, Schaffhausen (Switzerland), Public | Provider of vehicle components, connectivity systems, and electrical distribution systems | - | 72/100 | |
4th |  Phantom 2016, Burlingame (United States), Acquired | AI-enabled full-stack system provider for autonomous vehicles | $80.2M | 70/100 | |
5th | Platform for self driving car technology | $3.4B | 65/100 | ||
6th | _1573648736975.png?devicePixelRatio=2&height=30&width=30){kind=logo} Ottometric 2018, Boston (United States), Series A | Developer of verification software to automate autonomous driving validation and training process | $15.2M | 55/100 | |
7th | Developer of computer vision and video coding semiconductor IP solutions | $2M | 51/100 | ||
8th |  Eatron 2017, Warwick (United Kingdom), Series A | AI and cloud-enabled battery management and motion control system | $15.1M | 51/100 | |
9th | NovelIC Microsystems 2013, Belgrade (Serbia), Acquired | Semiconductor IP cores and design services with focus on RF/mm and analog solutions | - | 51/100 | |
10th |  Pearl Auto 2014, Scotts Valley (United States), Series B | Developer of reverse parking sensors & backup camera | $50M | 51/100 |
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NovelIC Microsystems's Investments and acquisitions
NovelIC Microsystems has made no investments or acquisitions yet.
Reports related to NovelIC Microsystems
Here is the latest report on NovelIC Microsystems's sector:
News related to NovelIC Microsystems
Media has covered NovelIC Microsystems for 1 event in last 1 year, It was about partnerships.
•
NOVELIC and Smart Eye to Develop Cabin Monitoring Systems with Camera and RadarEuropa Press•Sep 21, 2026•NovelIC Microsystems
•
NOVELIC 60 GHz Radar In-Cabin Monitoring System Selected by Tier 1 Automotive Suppliereverything RF•Aug 18, 2025•NovelIC Microsystems
•
NOVELIC Wins Nomination for 60 GHz Radar In-Cabin Monitoring System From Leading Tier-1 Automotive SupplierBusiness Wire•Jun 24, 2025•NovelIC Microsystems
•
Sona BLW Precision Forgings to acquire majority stake in NOVELICBusiness Standard•Jan 09, 2023•NovelIC Microsystems, Sona Comstar
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