Capital Attraction

CVC Round for a Smart-Metering Startup

Connecting a deep-tech startup to holding corporate venture capital to scale a smart-metering product.

Ahdaf Power2023
Series ARound closed
CVCLead investor
1Reference pilot
Overview
  1. 1

    The challenge

    The startup had a proven product but needed capital and a reference customer to reach mass production.

  2. 2

    Our approach

    Novaco facilitated valuation and negotiation, pairing Ahdaf CVC capital with a pilot deployment contract.

  3. 3

    The result

    The investment round closed and the product was piloted across the holding’s distribution network.

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