Goodwin Guides Novele on Oversubscribed $17 Million Series A
The Technology team guided Novele on its oversubscribed $17 million Series A financing led by Boisei Labs, with participation from Locke Health, Arup Ventures, Barton Malow, and several commercial real estate owners and operators. Novele, an applied AI company for energy in the built environment, will use the funding to expand its engineering, deployment, and commercial teams, scale installations across its active pipeline, and continue developing and training BoardOS, its autonomous energy intelligence layer.
Novele is an applied AI company for energy in the built environment. Novele makes buildings intelligent, giving them the ability to predict, reshape, and optimize their power in real time. Because that intelligence has to act on physical power, Novele builds and controls the system it runs on. EnergyBoard is Novele’s distributed energy storage platform, and BoardOS is the intelligence and autonomous operating layer that turns building energy into a controllable, economically productive asset. RippleBoard extends the platform to data centers. Novele’s systems are UL 9540 listed and approved for indoor installation and are deployed across commercial real estate, retail, and institutional portfolios.
The Goodwin team was led by David Brekke, Carson Williams, Daisy Ramos-Garcia, and Evelynn Chun.
For more information, please read the press release.