About Novalis Biotech
Novalis Biotech, an accelerator and incubator program founded in 2018, is based in Ghent, Belgium. With a presence in 8 countries, it has supported around 18 startups in sectors like HealthTech, Life Sciences. As of Jan 2026, Novalis Biotech has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Altavo, C-mo and AlitheaGenomics. The program is backed by a team of 9 people who primarily support Series A startups based in Belgium. Its latest investment was a $3.51M Series A round in Altavo on Jan 23, 2026, which also saw participation from Beteiligungsmanagement Thuringen and CFH Management.
Key Metrics
Founded Year
2018
Location
Ghent, Belgium
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment
Novalis Biotech's List of Top Investments
Novalis Biotech has a portfolio of 18 companies. Their most notable investments are in AlitheaGenomics and AlitheaGenomics.Their portfolio spans across Belgium, Netherlands, France and 5 more locations. They have invested in HealthTech, Life Sciences, High Tech and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Novalis Biotech:
1. Altavo
AI-based sounding voice for disabled individuals. The company has developed a natural-sounding voice that helps voiceless people sound using speech technology.
Key facts about Altavo

2. C-mo
Provider of a cough monitoring and diagnostic device for healthcare providers. The company has developed a wearable smart device C-mo which has the ability to record cough patterns of an individual on a real time basis for further analysis. The device can be worn by patients or individuals to monitor cough patterns on a regular basis the recording of these can be analyzed on the C-mo’s software by doctors for disease diagnosis.
Key facts about C-mo
- Founded Year: 2020
- Location: Costa da Caparica (Portugal)
- Stage: Seed
- Total Funding till date: $4.81M
- Employee Count: 4 as on Jul 01, 2024
- Investors: Boehringer Ingelheim Venture Fund, HTGF and 3 Others
- Latest Funding Round: Seed, Sep 01, 2022, $*****
- Highlight: Editors' Pick
Provider of transcriptomics solutions for research and biomarker discovery. The company offers proprietary technology for RNA-seq of multiplex RNA samples for sequencing. The company also offers mRNA sequencing services and a kit that can be used for multiple samples.
Key facts about AlitheaGenomics
- Founded Year: 2020
- Location: Lausanne (Switzerland)
- Stage: Seed
- Total Funding till date: $4.23M
- Employee Count: 9 as on Jul 01, 2024
- Investors: TechU, FIT and 3 Others
- Latest Funding Round: Seed, Mar 14, 2024, $*****
- Highlight: Editors' Pick

4. Enzyre
Developer of smart diagnostics devices for blood coagulation analysis. It has developed the ENZYPAD devices that enable patient's blood coagulation analysis, with the measured data. It is a painless and easy to use blood sampling device that provides a test-specific single-use microfluidic cartridge includes all necessary reagents and controls. It uses proprietary innovative latent luciferin-protected peptide substrates to determine the activity of specific enzymes in the coagulation cascade. T
Key facts about Enzyre
- Founded Year: 2016
- Location: Nijmegen (Netherlands)
- Stage: Series A
- Total Funding till date: $11.9M
- Employee Count: 18 as on Jul 01, 2024
- Investors: Takeda Ventures, Oost NL and 3 Others
- Latest Funding Round: Series A, Nov 02, 2022, $*****
- Highlight: Editors' Pick

5. RheaVita
Developer of an instrument for continuous freeze-drying. The RheaVita Continuous Freeze-Drying Technology is used to integrate all freeze-drying process step unit operations in a continuous production line. The product provides constant infeed of unit doses and the concomitant removal of the dried product.
Key facts about RheaVita
Novalis Biotech's Year-on-Year Investment Trends
Novalis Biotech has invested in 18 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. As of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Altavo and most recent follow-on round was in Altavo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 0 | 0 | 0 |
2024 | 1 | 2 | 3 |
2023 | 1 | 0 | 1 |
2022 | 3 | 1 | 4 |
2021 | 3 | 0 | 3 |
2020 | 1 | 0 | 1 |
Novalis Biotech's Investments by Stage
Novalis Biotech has made 5 investments in Seed stage with an average round size of $2.13M and 4 investments in Series A stage with an average round size of $3.61M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series A | 4 |
Note: We have considered here, only first round of investments
Novalis Biotech's Investments by Sector
Novalis Biotech has a diverse portfolio, with companies operating in the Life Sciences, High Tech, HealthTech, Internet of Things - Industry Applications and Enterprise Applications. Notably, it has invested in 17 Tech companies, 16 Enterprise (B2B) companies, 6 Software companies and at least 6 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Life Sciences | 8 |
High Tech | 5 |
HealthTech | 3 |
Internet of Things - Industry Applications | 2 |
Enterprise Applications | 1 |
Note: We have considered here, only first round of investments
Novalis Biotech's Investments by Geography
Novalis Biotech has made most investments in Belgium (2), followed by France where it has made 2 investments.Country | No. of Investments |
|---|---|
Belgium | 2 |
France | 2 |
Germany | 1 |
Netherlands | 1 |
Portugal | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Novalis Biotech's recent investments
Novalis Biotech has made 1 investments in 2026 so far - Altavo.Here are the most recent investments by Novalis Biotech:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 23, 2026 | Germany | Series A | 4086 | ||
Jun 18, 2024 | Sweden | Series A | 4163 | Navigare Ventures [+1] | |
Mar 14, 2024 | Switzerland | Seed | 2870 | ||
Feb 20, 2024 | Germany | Series A | 7074 | ||
Feb 06, 2023 | Sweden | Seed | 8480 | - |
Acquired companies in Novalis Biotech's Portfolio
2 companies from Novalis Biotech's portfolio have been acquired. The most recent acquisition were Cergentis in Jul 2022 by Solvias.Here are Novalis Biotech's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 12, 2022 | - | - | 8475 | |
Jan 28, 2021 | - | - | 8432 |
Team profile of Novalis Biotech
Novalis Biotech has a team of 9 members including 3 Partners and 1 Venture Partner located in Belgium and United Kingdom. Novalis Biotech's team does not sit on the board of any company as of now.Here is a list of all team members in Novalis Biotech:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Antwerp | - | ||
Partner | Cranbrook | - | ||
Partner | Ghent | - | ||
Venture Partner | Ghent | - |
Co-investors of Novalis Biotech
Over the past 6 years, 25 investors have co-invested in Novalis Biotech's portfolio companies. This includes funds and angels.
- Invested before Novalis Biotech: EIT Health, CFH Management and 5 others have invested in rounds before Novalis Biotech. There are 2 companies where EIT Health has invested before Novalis Biotech and 1 company where CFH Management has invested before Novalis Biotech.
- Top Co-investors of Novalis Biotech: 12 investors entered a company along with Novalis Biotech. These include investors like Bpifrance (2 companies).
- Invested after Novalis Biotech: A total of 6 investors have invested in Novalis Biotech's portfolio after their investments. Top Investors include TechU (1 company) and Oost NL (1 company).
Recent News related to Novalis Biotech
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Altavo Closes €3M Series A2 Financing RoundFinSMEs•Jan 23, 2026•Altavo, Novalis Biotech, Beteiligungsmanagement Thuringen, CFH Management and 3 others
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Mercy BioAnalytics Raises $59M in Series B FundingFinSMEs•Sep 03, 2025•Sozo Ventures, American Cancer Society - North Carolina, Bruker, Mercy BioAnalytics and 5 others
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Telesis Bio gets $21M to boost its rapid DNA/mRNA synthesis technology.Bakersfield•Mar 18, 2025•Telesis Bio, Novalis Biotech, Northpond Ventures
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Rarity Bioscience closes $7M funding roundLabPulse.com•Jun 18, 2024•Rarity Bioscience, UU Invest, Novalis Biotech
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Alithea secures $3.2m to scale RNA sequencing product manufacturingMedicalDeviceNetwork•Mar 15, 2024•AlitheaGenomics, TechU, Novalis Biotech, EPFL
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Altavo Closes €5M Series A FundingFinSMEs•Feb 20, 2024•Altavo, OCCIDENT, Novalis Biotech, Beteiligungsmanagement Thuringen and 4 others
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C-mo Medical Solutions receives funding to transform cough monitoringLabiotech•Jan 27, 2023•C-mo, HTGF, Portugal Ventures, Boehringer Ingelheim Venture Fund and 1 other
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Enzyre Closes €12 Million Series A Funding RoundMedical Product Outsourcing•Jan 13, 2023•Enzyre, Oost NL, i&i Bio, Demcon and 2 others



