IOTA Cofoundery

Developing startups utilising IOTA technology systems

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Focusing on the very early stages of startup development, Nova’s IOTA cofoundery provides support for tech entrepreneurs with startup ideas, or early stage startups, that could utilise The Tangle - IOTA’s distributed ledger technology.

The partnership aims to realise the potential for innovative, IoT-enabled technology in an increasingly connected world. The technology is currently being deployed within a range of industries, such as Digital Healthcare, Mobility, Global Trade and Supply chains, Energy, Smart Cities and Telecommunications, Media & Technologies.

Working with Nova

We partner with aspiring entrepreneurs to co-found tech startups, helping to eliminate many of the risks involved in starting a business. In addition to providing guidance across all areas of business, from market research to product development, our startup programme provides entrepreneurs with a multi-disciplined team for the first year of the partnership. As a result startups co-founded with Nova have a 6x higher rate of success.


“The Tangle network overcomes many of the limitations and inefficiencies of blockchain technology, and as such, has huge potential to transform machine to machine transactions that are at the core of IoT. Our partnership with Nova is about enabling that innovation, by helping initial ideas come to fruition in the form of viable, scalable and sustainable business models.”

David Sønstebø, co-founder and co-chair at IOTA:

This could be you, take the first steps by applying for our free startup school