When was Novonix founded?

Novonix was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Novonix located?

Novonix is headquartered in Dartmouth, Canada.

Is Novonix a funded company?

Novonix is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 27, 2014.

When was the latest funding round of Novonix?

Novonix's latest funding was a $***** Seed round on Jan 27, 2014, with participation from 1 investor. Its primary sector is Energy Storage Tech. In Canada, the Energy Storage Tech sector has seen $151M in funding in 2026 to date.

Where does Novonix rank among its competitors?

Novonix ranks 5th amongst 17 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Aviloo, which secured $35.7M in Feb, 2026.

Who are the top competitors of Novonix?

Novonix's top competitors include Aviloo, Titan Advanced Energy Solutions and Li-ion Tamer. Among them, Aviloo secured the most recent funding round in February, 2026.

Novonix - 2026 Company Profile, Team, Funding & Competitors

Novonix is an acquired company based in Dartmouth (Canada), founded in 2013 by David Stevens and Chris Burns. It operates as a Developers of high precision battery testing systems. Novonix has raised $40K in funding. The company has 17 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Aviloo, Titan Advanced Energy Solutions and Li-ion Tamer.

Company Details

Novonix develops battery testing systems specifically catered to precision measurements of coulombic efficiency. The company claims that their high precision charger systems have been shown to measure the coulombic efficiency of cells to typically less than 10 ppm precision and 50 ppm accuracy. They evaluate the performance of material in Li-ion battery applications right from structural characterization to physical property measurement through to electrochemical performance evaluation in test cells ranging from coin cells to pouch, prismatic or cylindrical cells.

Website: novonix.ca
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Email ID: *****@novonix.ca
Phone Number: +1 **********
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Key Metrics

Founded Year

2013

Location

Dartmouth, Canada

Stage

Acquired

Total Funding

$40K in 1 round

Latest Funding Round

Seed, Jan 27, 2014, $*****

Investors

Innovacorp

Ranked

5^th among 17 active competitors

Investment & Acquisitions

NGen

Similar Companies

Aviloo & 15 more

Exit Details

Acquired by Graphitecorp (Mar 02, 2017)

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Novonix got acquired by Graphitecorp on Mar 02, 2017.

Click here to take a look at Novonix's acquisition in detail

Novonix has raised a total funding of $40K over 1 round. Its latest funding round was a Seed round on Jan 27, 2014 for $*****. 1 investor participated in its latest round. Novonix has 1 institutional investor.

Here is the list of recent funding rounds of Novonix:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 27, 2014	7809699	Seed	7445473	7717461	4465711	4900943

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View details of Novonix's funding rounds and investors

The founders of Novonix are David Stevens and Chris Burns.

Here are the details of Novonix's key team members:

David Stevens: Co-Founder & CTO of Novonix. They are also an angel investor in 5 startups and serve on the board of 1 company.
Chris Burns: Co-Founder & CEO of Novonix.

View details of Novonix's Founder profiles and Board Members

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Top competitors of Novonix include Aviloo, Titan Advanced Energy Solutions and Li-ion Tamer. Here is the list of Top 10 competitors of Novonix, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aviloo 2017, Wiener Neudorf (Austria), Series C	Tech-enabled platform offering electric-vehicle battery test and analysis solutions	$35.7M	EIC Fund, Invest & 3 others	61/100
2nd	Titan Advanced Energy Solutions 2016, Cambridge (United States), Series B	Acoustic battery management system provider for lithium batteries	$43.2M	Energy Innovation Capital, HG Ventures & 8 others	48/100
3rd	Li-ion Tamer 2010, Lewis Center (United States), Acquired	Provider of battery diagnostic monitoring	-	-	43/100
4th	Allosense 2020, San Antonio (United States), Seed	Developer of automated battery testing and diagnostic systems for energy	$70K	Techstars, Capital Innovators & 1 others	35/100
5th	Novonix 2013, Dartmouth (Canada), Acquired	Developers of high precision battery testing systems	$40K	Innovacorp	32/100
6th	Litech 2021, Oslo (Norway), Unfunded	Provider of sensor systems for hazard detection and fire prevention	-	-	28/100
7th	Ben-Connect 1962, Rubiera (Italy), Unfunded	Cloud-enabled platform offering real-time monitoring and diagnostic devices for electric vehicles	-	-	24/100
8th	M365 Guard 2020, Poland, Unfunded	Developer of hardware enabled interactive dashboard for electric kick scooters	-	-	24/100
9th	Power Cruise Control 2017, Pozzuolo del Friuli (Italy), Unfunded	Power & cruise control app for electric cars	-	-	23/100
10th	NEXT Square 2013, South Korea, Funding Raised	Provider of cloud-based building energy management solutions	-	Krypton	22/100