# Novanta

**Source:** https://www.startuphub.ai/startups/novanta
**Profile type:** Startup

> A US-listed public company serving as a technology and strategic partner for startups in the medical technology space.

## About

Novanta is a US-listed public company that acts as a technology and strategic partner for startups, particularly in the medical technology sector. They leverage their manufacturing and medical technology expertise, along with access to the United States market, to support the growth and validation of these startups. Novanta also integrates its RFID and sensing technologies with AI and data analytics platforms to enhance hospital operations.

## Key facts

- **Slug:** novanta
- **Website:** https://www.novanta.com
- **Location:** Bedford, United States
- **Founded:** 1968-01-01
- **Employees:** 3000
- **Operating status:** Active
- **Total funding:** $300M
- **Sectors / tags:** Medical Technology, Healthcare Technology, Manufacturing, Industrial Automation, Photonics, Robotics, SpaceTech
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/novanta-inc
  - Facebook: https://www.facebook.com/novantacorp

## Frequently asked

### What does Novanta do?

Novanta is a US-listed public company that acts as a technology and strategic partner for startups, particularly in the medical technology sector. They leverage their manufacturing and medical technology expertise, along with access to the United States market, to support the growth and validation of these startups. Novanta also integrates its RFID and sensing technologies with AI and data analytics platforms to enhance hospital operations.

### What is Novanta's valuation?

StartupHub estimates Novanta's effective valuation at $1.2B (range $750.0M to $1.8B, 21% confidence), based on comparable companies in the sector.

### How much funding has Novanta raised?

Novanta has raised a total of $300M in funding. The most recent round on record is Funding Round.

### Where is Novanta headquartered?

Novanta is headquartered in Bedford, United States.

### When was Novanta founded?

Novanta was founded in 1968.

### What industry does Novanta operate in?

Novanta operates in Medical Technology, Healthcare Technology, Manufacturing, Industrial Automation, Photonics, Robotics.

### How many employees does Novanta have?

Novanta has approximately 3000 people on record.

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