Nova Labs
Founded Year
2013Stage
Series D - II | AliveTotal Raised
$251MValuation
$0000Last Raised
$89M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-44 points in the past 30 days
About Nova Labs
Nova Labs focuses on decentralized wireless infrastructure and operates within the telecommunications industry. The company offers services including the development of the open-source Helium Network, which provides blockchain-based connectivity for Internet of Things (IoT) devices and mobile services. Nova Labs also provides IoT solutions for large enterprises through its subsidiary, 1663, and operates Helium Mobile, which offers subscribers benefits from its network coverage. Nova Labs was formerly known as Helium. It was founded in 2013 and is based in San Francisco, California.
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Research containing Nova Labs
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Nova Labs in 1 CB Insights research brief, most recently on Jul 29, 2022.
Jul 29, 2022
Where a16z is investing in crypto and blockchainExpert Collections containing Nova Labs
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Nova Labs is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
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Blockchain
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Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Nova Labs Patents
Nova Labs has filed 8 patents.
The 3 most popular patent topics include:
- alternative currencies
- bitcoin
- blockchains
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/3/2019 | 8/9/2022 | Wireless networking, Cryptocurrencies, Blockchains, Cryptographic hash functions, Huntingdonshire | Grant |
Application Date | 1/3/2019 |
|---|---|
Grant Date | 8/9/2022 |
Title | |
Related Topics | Wireless networking, Cryptocurrencies, Blockchains, Cryptographic hash functions, Huntingdonshire |
Status | Grant |
Latest Nova Labs News
Mar 23, 2025
Solana [SOL] DePIN (decentralized physical infrastructure network) rebounded in February, as key projects like Hivemapper and Helium Mobile gained significant traction. According to a recent report , Helium Mobile users increased ninefold to 145,000, marking the highest growth in a year. Source: Syndica Can DePIN boost SOL? Additionally, the report noted that Hivemapper, a community-driven alternative to Google Maps, tripled its demand in February due to new mapping devices (MapBox). Source: Syndica In fact, Syndica reported that Helium [HNT], Hivemapper, and Render collectively maintained steady revenues of approximately $350,000, indicating that the sector stabilized in 2025. The resurgence of DePIN could serve as a beneficial catalyst for SOL. Especially following a massive cool-off in memecoin mania, which negatively impacted Solana's decentralized exchange (DEX) volumes and overall value. During the peak DEX volume of $3 billion in January, SOL reached a record high of $295, driven by significant interest following the debut of the TRUMP memecoin. But DEX volumes dropped 60% afterwards, dragging SOL to its 2024 support level above $120. So, can the resurgence of DePIN fill the void left by meme coins and boost SOL value? AMBCrypto evaluated active addresses for insights. Source: The Block During the TRUMP meme-coin craze, the average number of active Solana active addresses surged to 5.7 million in mid-January but declined later. A slight increase in February to 4.4 million from 4.1 million coincided with the traction of DePIN shared by Syndica. However, the number of users declined later in February, dropping to 2.7 million. By mid-March, the figure appeared to stabilize at 3.11 million active addresses. This represented a 45% decrease in network activity from the peak reached in January. Simply put, DePIN may have provided some relief for activity in February; however, memecoin activity continued to be a primary driver within the Solana ecosystem. At the time of writing, SOL was valued at $130 and held above its key 2024 support zone. Whether the $120 support would prevent further correction remained to be seen. Source: SOL/USDT, TradingView Next: FLOKI reclaims key support, targets $0.00006450 – Can it happen? Source: https://ambcrypto.com/solana-will-depin-resurgence-boost-sol-amid-memecoin-cool-off/
Nova Labs Frequently Asked Questions (FAQ)
When was Nova Labs founded?
Nova Labs was founded in 2013.
Where is Nova Labs's headquarters?
Nova Labs's headquarters is located at 1663 Mission Street, San Francisco.
What is Nova Labs's latest funding round?
Nova Labs's latest funding round is Series D - II.
How much did Nova Labs raise?
Nova Labs raised a total of $251M.
Who are the investors of Nova Labs?
Investors of Nova Labs include Tiger Global Management, FTX Ventures, Goodyear Ventures, Multicoin Capital, 10T Fund and 16 more.
Who are Nova Labs's competitors?
Competitors of Nova Labs include Everynet, IoTeX, Quantinium, Actility, Notion and 7 more.
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Compare Nova Labs to Competitors
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1NCE is a provider of managed connectivity services for low-bandwidth IoT applications, operating in the telecommunications industry. The company offers a pricing model known as the 1NCE IoT Lifetime Flat, which provides IoT connectivity for a one-time fee of 10 USD for a duration of 10 years. 1NCE's services cater to a wide range of sectors, including smart utilities, asset tracking, and vehicle telematics. It was founded in 2017 and is based in Cologne, Germany.
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