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Novosound - About the company

Novosound is a series A company based in Glasgow (United Kingdom), founded in 2018 by Dave Hughes and Richard Cooper. It operates as a Provider of ultra-sound sensors for pipeline monitoring. Novosound has raised $6.24M in funding from Par Equity and Foresight Williams. The company has 75 active competitors, including 16 funded and 9 that have exited. Its top competitors include companies like QLM, CorrosionRADAR and NDT Global.

Company Details

Provider of ultra-sound sensors for pipeline monitoring. It offers a range of probes which provides information regarding cracks and physical faults in the pipeline and can operate at a high temperature. It can also be used for NDT imaging, dental imaging, and medical imaging.
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Email ID
*****@novosound.net
Registered Address
5th Floor 125 Princes Street, Edinburgh, United Kingdom, EH2 4AD
Key Metrics
Founded Year
2018
Location
Glasgow, United Kingdom
Stage
Series A
Total Funding
$6.24M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
34 as on Jun 30, 2026
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Novosound's funding and investors

Novosound has raised a total funding of $6.24M over 3 rounds. Its first funding round was on Apr 23, 2018. Its latest funding round was a Series A round on Dec 16, 2019 for $*****. 6 investors participated in its latest round. Novosound has 10 institutional investors.

Here is the list of recent funding rounds of Novosound:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 16, 2019
3153762
Series A
9376681
6703010
9101205
9456840
Jul 01, 2019
1573557
Grant (prize money)
2320738
5824437
5608192
Apr 23, 2018
3900326
Seed
9265475
5974640
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Novosound's founders and board of directors

Founder? Claim Profile
The founders of Novosound are Dave Hughes and Richard Cooper. Richard Cooper is the CEO of Novosound.
Here are the details of Novosound's key team members:

Novosound's Board of Directors

Novosound's board has 5 active members. Dave Hughes and Richard Cooper are part of team and Martin Bell, Daniel Jonathan Halliday and Derek Mathieson are independent board members.
Here is the list of Novosound's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 8m
Team
-
Current
8y 3m
Independent board member
-
Current
7y 11m
bfwsuqz
Independent board member
-
Current
1y 5m
epsfyny
Independent board member
-
Current
3y 3m

Novosound's employee count trend

Novosound has 34 employees as of Jun 26. Here is Novosound's employee count trend over the years:
Employee count trend for Novosound
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Novosound's Competitors and alternates

Top competitors of Novosound include QLM, CorrosionRADAR and NDT Global. Here is the list of Top 10 competitors of Novosound, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for QLM
QLM
2017, Newport (United Kingdom), Series A
Provider of quantum sensing technology for natural gas leak detection
$23.4M
62/100
2nd
Logo for CorrosionRADAR
CorrosionRADAR
2016, Cranfield (United Kingdom), Series A
Provider of corrosion management solution for the oil and gas industry
$14.4M
55/100
3rd
Logo for Novosound
Novosound
2018, Glasgow (United Kingdom), Series A
Provider of ultra-sound sensors for pipeline monitoring
$6.24M
54/100
4th
Logo for NDT Global
NDT Global
2000, Dublin (Ireland), Acquired
Provider of pipeline inspection, integrity management, and subsea robotic services
-
50/100
5th
Logo for Nevada Nano
Nevada Nano
2004, Sparks (United States), Series C
Innovating gas sensing solutions for safety, climate, and industrial applications
$53.5M
48/100
6th
Logo for Skipper NDT
Skipper NDT
2015, Paris (France), Funding Raised
Contactless magnetic inspection solution provider for oil & gas pipelines
-
44/100
7th
Logo for Atmos International
Atmos International
1995, Manchester (United Kingdom), Unfunded
Pipeline leak detection system primarily for oil and gas
-
-
43/100
8th
Logo for Silixa
Silixa
2007, London (United Kingdom), Acquired
Provider of fibre optic monitoring solutions for the oil and gas industry
$18M
43/100
9th
Logo for Rocsole
Rocsole
2012, Kuopio (Finland), Series A
Provider of tomography technology solutions for the oil and gas industry
$8.58M
42/100
10th
Logo for Direct-C
Direct-C
2014, Edmonton (Canada), Series A
Provider of nano-based leak detection and monitoring solution for oil and gas industries
$4.75M
41/100
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Novosound's Investments and acquisitions

Novosound has made no investments or acquisitions yet.

Reports related to Novosound

Here is the latest report on Novosound's geography:

News related to Novosound

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Media has covered Novosound for a total of 2 events in the last 1 year, 2 of them have been about people movement.
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