About Noa
Noa is a venture capital firm founded in 2019. It is primarily based out of London, United Kingdom. As of Apr 2026, Noa is an active investor, having invested in 15 companies, with 8 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Environment Tech. Most recently it participated in the $***** Series A round of CONXAI A lot of funds co-invest with Noa, with names like Pale Blue Dot sharing a substantial percentage of its portfolio. Noa has team of 12 people including 1 partners.Key Metrics
Noa's List of Top Investments
Noa has a portfolio of 15 companies. Their most notable investments are in PassiveLogic and Splight.Their portfolio spans across United States, Germany, France and 2 more locations. They have invested in High Tech, Enterprise Applications, Environment Tech and 11 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Noa:
1. Span.IO
Provider of the smart panel for home energy management. It provides advanced levels of monitoring and intelligence that make electrifying easier. It offers hardware and software solutions for the operation and management of homes by integrating sensors, actuators, and logic in a single device. mobile application available in both iOS and android
Key facts about Span.IO
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $419M
- Employee Count: 363 as on Mar 31, 2026
- Investors: Wellington, Amazon and 33 Others
- Latest Funding Round: Series C, Jan 15, 2026, $*****
- Highlight: Editors' Pick
2. Voliro
Provider of drones for inspections. It offers drones that enable inspecting industries. It also offers multiple sensors equipped with drones such as NDT, EMAT, UT, and more.
Key facts about Voliro
- Founded Year: 2019
- Location: Zurich (Switzerland)
- Stage: Series A
- Total Funding till date: $27.7M
- Employee Count: 29 as on Jul 01, 2024
- Investors: Zurcher Kantonalbank, Cherry Ventures and 5 Others
- Latest Funding Round: Series A, Jun 16, 2025, $*****
- Highlight: Editors' Pick

3. SatVu
Provider of satellite-based thermal imaging systems. It offers Earth observation technology designed to capture mid-wave infrared imagery and video at high resolution, enabling monitoring of heat emissions across urban areas, infrastructure, and natural environments. Its data platform supports applications such as energy efficiency assessment, climate monitoring, industrial activity tracking, and environmental risk management, serving governments, businesses, and research organizations.
Key facts about SatVu
- Founded Year: 2016
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $122M
- Employee Count: 38 as on Dec 31, 2024
- Investors: In-Q-Tel, Molten Ventures and 22 Others
- Latest Funding Round: Series B, Feb 17, 2026, $*****
- Highlight: Editors' Pick

4. Climate X
Online platform for climate data analytics. Its product portfolio includes Spectra which offers climate risk analytics to monitor location-specific physical risk ratings and Adapt which provides access to asset-level climate risk data and forecasts on return on investment for planning and implementing adaption solutions.
Key facts about Climate X
- Founded Year: 2021
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $24.9M
- Employee Count: 105 as on Mar 31, 2026
- Investors: CommerzVentures, Google Ventures and 18 Others
- Latest Funding Round: Series A, Jun 26, 2024, $*****
- Highlight: Editors' Pick

5. PassiveLogic
PassiveLogic is a provider of digital-twin technology-based solutions for construction projects. It offers an autonomous solution for managing the building life cycle that includes tools for designing, building, operating, maintaining, and managing.
Key facts about PassiveLogic
- Founded Year: 2016
- Location: Salt Lake City (United States)
- Stage: Series C
- Total Funding till date: $154M
- Employee Count: 137 as on Mar 31, 2026
- Investors: Brookfield Asset Management, RET Ventures and 13 Others
- Latest Funding Round: Series C, Sep 16, 2025, $*****
- Highlight: Editors' Pick
Noa's Year-on-Year Investment Trends
Noa has invested in 15 companies over the last 4 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 6 investments, while as of Apr 2026, it has made 4 investments in this year. Its most recent first time investment was in CONXAI and most recent follow-on round was in SatVu.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 1 | 4 |
2025 | 5 | 1 | 6 |
2024 | 4 | 1 | 5 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
Noa's Investments by Stage
Noa has made 6 investments in Series A stage with an average round size of $12.7M, 5 investments in Seed stage with an average round size of $19.2M, 3 investments in Series B stage with an average round size of $53.8M and 1 investment in Series C stage with an average round size of $74M.Stage of entry | No. of Investments |
|---|---|
Series A | 6 |
Seed | 5 |
Series B | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
Noa's Investments by Sector
Noa has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Real Estate and Construction Tech, Environment Tech and Sustainability Tech. Notably, it has invested in 13 Enterprise (B2B) companies, 12 Tech companies, 9 Software companies and at least 3 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
High Tech | 6 |
Real Estate and Construction Tech | 6 |
Environment Tech | 5 |
Sustainability Tech | 5 |
Others | 18 |
Note: We have considered here, only first round of investments
Noa's Investments by Geography
Noa has made most investments in United States (6), followed by Germany where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 6 |
Germany | 3 |
France | 2 |
United Kingdom | 2 |
Israel | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Noa's recent investments
Noa has made 4 investments in 2026 so far. CONXAI and MeltPlan are the latest among them.Here are the most recent investments by Noa:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 07, 2026 | Germany | Series A | 7781 | ||
Feb 18, 2026 | United States | Seed | 7869 | ||
Feb 17, 2026 | United Kingdom | Series B | 4970 | [+9] | |
Jan 08, 2026 | France | Series A | 6865 | [+1] | |
Nov 18, 2025 | Israel | Series B | 3552 | [+4] |
Team profile of Noa
Noa has a team of 12 members including 1 Partner, 1 Venture Partner and 3 Principals located in United Kingdom and France. Noa's team does not sit on the board of any company as of now.Here is a list of top team members in Noa:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Kingdom | - | ||
Venture Partner | Paris | - | - | |
Principal | London | - | ||
Principal | London | - | ||
Principal | London | - | - |
Co-investors of Noa
Over the past 4 years, 130 investors have co-invested in Noa's portfolio companies. This includes funds and angels.
- Invested before Noa: A/O PropTech, Foundamental and 67 others have invested in rounds before Noa. There are 5 companies where A/O PropTech has invested before Noa and 2 companies where Foundamental has invested before Noa.
- Top Co-investors of Noa: 49 investors entered a company along with Noa. These include investors like Pale Blue Dot (2 companies).
- Invested after Noa: A total of 12 investors have invested in Noa's portfolio after their investments. Top Investors include OSTI (1 company), NIF (1 company) and British Business Bank (1 company).
Recent News related to Noa
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Conxai Raises $5.8M in Series A FundingFinSMEs•Apr 14, 2026•Noa, Zacua Ventures, PI LABS, CONXAI and 4 others
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AI platform MeltPlan raises $10 million in Seed funding led by Bessemer Venture Partners to make construction boring
Media Bulletins•Feb 26, 2026•MeltPlan, Noa, Bessemer Venture Partners, WND Ventures and 1 other
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Avantos Completes $25 Million Series A Funding RoundMassinvestor•Feb 19, 2026•Avantos.ai, Bessemer Venture Partners, M13 Company, Blue Collective and 14 others
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Equitable Earth Raises €12.6M in FinancingFinSMEs•Jan 19, 2026•Noa, AENU, LocalGlobe, Equitable Earth
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Proptech Startup Venn Secures $52M Series B to Streamline Renter and Landlord LifeCTech•Nov 18, 2025•CIM, Noa Capital Partners, Venn, Group 11 and 8 others
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Rewiring Autonomy: PassiveLogic Raises $74 Million to Scale Physical AI in the Real Worldintelligence360•Oct 03, 2025•Noa, NVentures, Addition, PassiveLogic and 5 others
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Zurich’s Voliro secures €19.8M to advance autonomous aerial inspection robotics platformSilicon Canals•Jun 16, 2025•Voliro, Noa, UBS
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SatVu secures million££ cash injection to expand high-resolution thermal imagingSatNews•Dec 01, 2024•SatVu, Adara, Molten Ventures, Stellar Ventures and 4 others
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This UK startup claims to be the ‘world’s thermometer’; secures €24M from Lockheed Martin, othersSilicon Canals•Nov 29, 2024•SatVu, Adara, Molten Ventures, Noa and 4 others