# NovX Capital

> NovX Capital is a VC fund in Riga backing Apps and Hardware. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riga, Latvia
- Total investments: 2
- Last investment: Jun 2016
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): https://twitter.com/NovXCapital
- Website: https://novxcapital.com/

NovX Capital is a VC fund in Riga focused on Apps and Hardware. Capital firm designed to provide funding to innovative and creative businesses with exceptional ideas under leadership of entrepreneurs

## Contacts

5 contacts available for NovX Capital. Shizune tracks 1 team members at NovX Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/novx-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 1 | 50% |
| Hardware | 1 | 50% |
| Software | 1 | 50% |
| Smart Home | 1 | 50% |
| Electronics | 1 | 50% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Series A | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ivan Ilnitskiy | CoFounder | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sevenhugs | Sevenhugs is the maker of Smart Remote—the world’s smartest and easiest to use remote control for your TV & smart home. | $14.6M | Series A | Jun 21, 2016 |  |
| Sevenhugs | Sevenhugs is the maker of Smart Remote—the world’s smartest and easiest to use remote control for your TV & smart home. | $1.6M | Seed | Mar 31, 2015 |  |

2 of 2 investments shown.

## Co-investors
- [Femmes Business Angels](https://shizune.co/investors/profile/femmes-business-angels) — VC Fund, 1 deal together
- [Fonds Régional de Co-investissement](https://shizune.co/investors/profile/fonds-regional-de-co-investissement) — VC Fund, 1 deal together
- [Investessor](https://shizune.co/investors/profile/investessor) — VC Fund, 1 deal together
- [Karista](https://shizune.co/investors/profile/karista) — VC Fund, 1 deal together
- [Kima Ventures](https://shizune.co/investors/profile/kima-ventures) — VC Fund, 1 deal together
- [Xerys](https://shizune.co/investors/profile/xerys-funds) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does NovX Capital invest in?

NovX Capital invests primarily in Apps, Hardware and Software startups, most often at Seed and Series A stage. Most of the 2 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact NovX Capital?

Public channels for NovX Capital include X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at NovX Capital?

The team at NovX Capital includes Ivan Ilnitskiy (CoFounder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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