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NovoLINC

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Thermal management for high-power electronics with its innovative nanocomposite technology

Harmar Township, United StatesFounded 2022Semiconductors
Valuation $25–50M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About NovoLINC

NovoLINC is a thermal technology company established in 2024 and headquartered in Pittsburgh, PA. The company originated as a spin-out from Carnegie Mellon University, founded by a team that includes CEO Dr. Ning Li, Chief Science Officer Professor Sheng Shen, and Chief Technology Officer Dr. Rui Cheng. The founding team identified a critical bottleneck in the electronics industry: as the power of components like CPUs and GPUs escalates, traditional thermal interface materials (TIMs) are failing to provide adequate heat dissipation.

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The company develops and manufactures advanced thermal interface materials designed to manage heat in high-performance applications. NovoLINC's core product is a nanocomposite material that addresses the thermal challenges posed by next-generation electronics. Its technology utilizes a proprietary manufacturing process to create a unique nanostructured materials system based on vertically aligned copper nanostructures and a central heat spreader. This design facilitates efficient heat transfer both vertically and horizontally. A key performance metric is its ability to reduce thermal resistance to below 1 mm²·K/W, a significant improvement over the 10 to 200 mm²·K/W typical of conventional solutions. The material is designed for scalability, using a roll-to-roll manufacturing process with widely available materials, and is compatible with existing industry standards.

NovoLINC's business model is centered on supplying its thermal interface solutions to companies in high-performance computing, data centers, automotive, aerospace, and power electronics. Key clients include semiconductor companies and hyperscalers who face significant cooling challenges, particularly as AI data centers increasingly adopt liquid cooling. By providing a more effective way to manage heat, the company's products aim to improve the performance and reliability of electronic systems. In January 2025, the company announced it had secured a $2 million seed funding round led by M Ventures, with participation from Foothill Ventures and TDK Ventures. This capital is intended to expand operations, accelerate commercialization, and scale manufacturing to meet market demand.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Harmar Township, United States
Employees
21
Open positions
1
Dealroom signal
87.3/100
Sector
Semiconductors, Composite Materials, Core AI, Spinout, Cooling Tech, Thermal Engineering, Advanced Materials, Climate Tech, Semiconductor Designers and Manufacturers
Technology
Artificial Intelligence, Hardware, Deep Tech, Nanotech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Dec 2025 $10M $41M TDK Ventures · Hitachi Ventures · Fathom Fund · Carnegie Mellon University ↗
SEEDOther financing Jan 2025 $0 — M Ventures · TDK Ventures · Foothill Ventures ↗
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Growth signals

NovoLINC website traffic

Latest recorded traffic for NovoLINC is 430 monthly website visits, up 53.6% over the last three months. NovoLINC's team grew 425% over the past year.

Latest monthly visits430 3-month web change+53.6% 1-year team growth+425%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • M Ventures
  • TDK Ventures
  • Foothill Ventures
  • Fathom Fund
  • Hitachi Ventures
  • Carnegie Mellon University

Other known investors1 additional known investor

  • University of Calgary
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about NovoLINC on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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