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IOTA Cofoundery

Developing startups utilising IOTA Distributed Ledger Technology

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IOTA

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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.

IOTA’s ledger technology is being developed to power the future Internet of Things, enabling fast, feeless micro-transactions in a permissionless economy. 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. For more information on IOTA, visit www.iota.org.

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:

Secure your spot on the IOTA cofoundery, tech startup mentorship and investment programme.

Investments of this nature carry risks to your capital. The risks include illiquidity where shares may not be able to be sold easily, lack of dividends and dilution. Past performance is not indicative of future returns. Investors should only invest a proportion of their available investment funds into Nova Cofoundery SEIS & EIS Fund as these investments are high risk.

The availability of any tax relief, including EIS and SEIS, depends on the individual circumstances of each investor and of the company concerned, is only available for UK investors in qualifying companies and may be subject to change in the future. If you are in any doubt about the availability of any tax reliefs, or the tax treatment of your investment, you should obtain independent tax advice before proceeding with your investment.

Nova Growth Capital Limited is an Appointed Representative of Sapphire Capital Partners LLP, which is authorised and regulated by the Financial Conduct Authority (FRN 565716).