What stage does noa invest at?

noa invests at the Pre-Seed, Seed, Series A, Late Stage stages.

Where is noa located?

noa is headquartered in London, GB.

Does noa lead rounds?

noa typically participates in rounds rather than leading them.

noa

Venture capital

London · Pre-Seed–Late Stage · 12 people tracked

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✨ Fox Verdict

Investment thesis

NOA invests in pioneering founders and breakthrough technologies that aim to decarbonise the built world. Its focus spans six thematic areas: structures (external and internal constructions and designed spaces), energy (building-related power, heating, cooling, lighting, and ventilation), materials (equipment, commodities, and products used to build), environments (planned spaces and landscapes serving economic, social, cultural, and environmental purposes), mobility (moving effectively across built-world locations), and community (spaces enabling people to inhabit and interact across geographies and cultures). The firm targets a better, more sustainable built environment.

Invests inCleantech Climate Tech Construction Tech Energy Mobility & Transportation New Materials PropTechEuropeLondon

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Late Stage

London, GB

Leads rounds

Follows

Instruments

Equity

Founded

2019

AUM

$270M

Tracked investments

Team · 12 people

from the firm's website & public directories

Gregory Dewerpe· Managing Partner· United Kingdomin 𝕏

Gregory Dewerpe is the founder of noa (formerly A/O) and a member of its investment team, focusing on sourcing founders and managing relationships with portfolio companies while overseeing firm strategy. He holds an MSc in Business & Finance from HEC Lausanne and the London School of Economics and completed executive education at Harvard Business School. Before founding noa he spent nearly a decade in investment banking and then built a real estate company, AMD, as an entrepreneur.

g•••@noavc.comreveal

Arjun Jairaj· Principal· Londonin

Arjun Jairaj is an investor at noa, where he sources and underwrites new investment opportunities and acts as a board observer to some portfolio companies. He began his career in M&A advisory at EY, later founded his own company, and has worked as a VC investor since; he joined noa in 2019. He holds an undergraduate degree from Georgetown University and an MBA from the University of Oxford.

a•••@noavc.comreveal

Jess Clemans· Principal· United Kingdomin

Jess Clemans works at noa on deal sourcing, investment due diligence, and portfolio management, and leads the firm's focus on construction technology and deep tech. Before venture capital, he earned a degree in Psychological Science, taught himself to code, and spent several years on the investment team at a real estate fund. He grew up in Sydney, Australia.

j•••@noavc.comreveal

Beatrix von Schröder· Venture Partner· United Kingdomin

Beatrix von Schröder is part of noa's investment team, focused on sourcing and underwriting early-stage startups, with an emphasis on energy and industrial applications and technologies with environmental impact. She began her career in M&A advisory for renewable energy assets, worked on early large-scale corporate power purchase agreements, and studied Environmental Policy and Climate Justice in New York. She was part of the founding team of the impact fund AENU in Berlin and worked in company building at energy tech startup ecoplanet before returning to investing at noa.

Bhrigu Bali· Lead of non-investment activity (Strategy, Operations, Platform and People)· Londonin

Bhrigu Bali leads all non-investment activity at noa, covering strategy, operations, platform, and people. He was previously Finance Partner at LocalGlobe and Latitude Ventures and earlier built the corporate venture program at News UK, with a background spanning venture, management consulting, business transformation, finance, and strategy across corporates and startups. He began his career at KPMG and studied Philosophy, Politics & Economics at the University of Warwick.

b•••@noavc.comreveal

Catriona Hyland· Investor· Londonin

Catriona Hyland works at noa, where she identifies and conducts due diligence on new investment opportunities and leads the fund's market research initiatives alongside its built world LPs and ecosystem partners. She began her career in architecture and later worked at a venture-backed real estate developer focused on airspace development to increase London's housing supply, where she engaged with government innovation grants and venture fundraising. She holds a degree in Architecture from Cambridge University and a Master's in Finance from the London School of Economics.

c•••@noavc.comreveal

Emily Nixon· ESG Lead· London, England, United Kingdomin

Emily Nixon leads ESG (Environmental, Social, and Governance) work at noa, overseeing the firm's Impact Framework across its portfolio and supporting financial operations. She previously served as Sustainability Reporting Manager at Ashtead Group, where she produced the company's first standalone sustainability report and calculated its Scope 1-3 emissions, and spent six years at PwC. She qualified as a Chartered Accountant (ICAEW) and holds a BSc in Mathematics from Cardiff University.

Harry Black· Investor· United Kingdomin

Harry Black focuses on sourcing and evaluating early-stage built-world startups at noa, running diligence from first contact through investment committee and supporting teams after investment. He grew up in Melbourne, Australia, worked in politics and the public sector advising government on innovation and industrial policy, and later joined Boston Consulting Group with a focus on energy, industry, climate, and sustainability. He holds degrees in economics, finance, and mathematics from the University of Melbourne.

Izzy Dipple· Marketing & Community Manager· Londonin

Izzy Dipple is the Marketing & Community Manager at noa, where she handles content and event production, brand and marketing, and communications, and supports investor relations and fundraising. Born and raised in London, she holds two degrees in History. Before joining noa, she worked in recruitment and spent eight years running the community at Founders Forum, a global network of tech entrepreneurs, executives, and investors.

Jayasmita Chakraborty· Head of Data

Head of Data at noa.

Kia Nejad· Londonin 𝕏

Sarah Altana· Executive Assistant· Londonin

Sarah Altana is the executive assistant to Gregory at noa, where she also supports the team's day-to-day operations and the investor relations function. She completed a Business Diploma at Oxford Media and Business School and began her career as PA to the CEO of a specialist intelligence company. She later worked at KKR and a placement agent before joining noa.

What they invest in

from 22 of 36 portfolio companies

SaaS ×9AI & Machine Learning ×7Construction Tech ×7Climate Tech ×5Deep Tech ×4Cleantech ×3Data & Infrastructure ×3IoT ×3

HQs:United States×6Germany×2Canada×1Spain×1France×1United Kingdom×1

Investments · 36 tracked

founders shown can be your intro path

011h011h.comin

011h designs and builds housing using an industrialized construction system and digital platform that integrates factory, design, and on-site work.

Climate TechConstruction TechPropTechBarcelona, ES

Adeptmindadeptmind.aiin

Adeptmind builds generative AI tools for retailers, offering AI-powered merchandising, product discovery, personalization, and marketing/ROAS optimization for e-commerce and omnichannel shopping.

AI & Machine LearningE-commerceRetail Tech

Aethernrgaethernrg.com

Alteinvestalteinvest.com

Alte operates a digital platform giving institutional and individual investors access to curated, off-market European value-added real estate investment strategies.

FintechPropTechLondon, GB

Aquicoreaquicore.com

Washington, US

Bac Tran(Director)Logan Soya(Executive Officer, Director)Revell Horsey(Director)

Biforesightbiforesight.comin 𝕏

Bricklane Technologies Limitedbricklane.comin

Claryoclaryo.coin 𝕏

San Francisco, US

Dylan Bourgeois(Director)Igor Taber(Director)Mohamed R. Amer(Executive Officer, Director)

Climate Xclimate-x.comin 𝕏

Conxaiconxai.comin

CONXAI is an AI platform built for the construction industry that uses agentic AI to automate knowledge-intensive workflows such as reporting, document processing, and extraction of cost and risk insights from unstructured project data.

AI & Machine LearningConstruction TechSaaS

Enterenter.dein

Eq Eartheq-earth.comin

EQ Earth has developed a standard for high-integrity nature-based carbon projects, setting eligibility criteria, monitoring protocols, and verification processes for forest conservation and land restoration.

CleantechClimate TechImpact & Social Good

Fornovafornova.comin 𝕏

Fornova provides business intelligence and distribution intelligence software for hotels, OTAs, and travel companies, tracking hotel rates and website data across brand.com, OTA, metasearch, and car rental sites to help them optimize distribution and revenue.

Data & InfrastructureSaaSTravel & Hospitality

Housfyhousfy.com𝕏

MeltPlanmeltplan.com

MeltPlan builds AI-native planning software for the construction industry, covering building code compliance, quantity takeoffs, and cost planning.

AI & Machine LearningConstruction TechSaaSBerkeley, US

Pankaj Mitra(Director)Kanav Hasija(Co-founder & CEO)Tanmaya Kala(Co-founder)Prithviraj

Minimalminimal.techin

Minimal builds commercial electric vehicles for moving goods, along with FleetOS, a fleet management platform offering predictive maintenance, driver performance tracking, and vehicle management.

Advanced ManufacturingLogistics & Supply ChainMobility & Transportation

Noda Websitenoda.ai

Ocusocus.com

OCUS provides AI-powered image optimization, automated content moderation, and on-demand professional photography through a network of 35,000+ photographers across 43+ countries.

AI & Machine LearningMarketing TechSaaS

PassiveLogicpassivelogic.comin 𝕏

PassiveLogic develops AI systems for autonomous building control and operations.

AI & Machine LearningDeep TechIoTSalt Lake City, US

JOHN RAPAPORT(Director)TROY HARVEY(Executive Officer, Director)JEREMY FILLINGIM(Executive Officer, Director)

Plentificplentific.comin 𝕏

Qarnotqarnot.comin 𝕏

Qarnot provides a cloud platform for deploying and managing HPC (high-performance computing) clusters and running simulations without requiring in-house IT expertise, with a focus on workflow simplification, budget control, data sovereignty, and sustainability goals.

CleantechCloud ComputingDeep Tech

Radical Airadical-ai.comin 𝕏

Radical AI develops AI software that generates experimental designs for self-driving labs to accelerate materials discovery.

AI & Machine LearningDeep TechNew Materials

Residentlyresidently.comin

Safehubsafehub.ioin 𝕏

SafeHub provides building-specific, real-time data to help minimize risk during disasters, serving the structural engineering and risk management sectors.

Climate TechConstruction TechInsurTechIoTSan Francisco, US

Andy Thompson(Co-founder)inDouglas Frazier(Director)

Saqarasaqara.comin 𝕏

Saqara provides software for the construction sector (BTP) that lets project owners and construction companies launch, centralize, track, compare and optimize tenders and consultations, and digitize signatures and document storage.

B2B MarketplacesConstruction TechSaaS

SatVusatellitevu.comin 𝕏

Smaltsmalt.euin

Smalt provides startup support and administrative services for founders in Germany, including business planning, tax registration, insurance setup, and access to KfW startup loans.

Enterprise SoftwareSaaS

Solarocksolarock.fr

SPANspan.ioin 𝕏

SPAN develops smart electrical panels that provide real-time home energy monitoring and control, enabling homeowners to track and optimize energy consumption at the room and appliance level to reduce energy bills.

CleantechHardwareIoT

Arch Rao(Founder & CEO)

Splight Aisplight-ai.comin

Urban Footprinturbanfootprint.comin 𝕏

UrbanFootprint offers a spatial data and analysis platform that curates data and models to produce "Resilience Insights" for decision-making.

Climate TechData & InfrastructureSaaS

VARMvarm.earth

VARM provides professional home insulation services for residential properties, including exterior walls, floor ceilings, and basement ceilings.

Construction Tech

Vennvenn.cain 𝕏

Venn is a business banking platform built exclusively for Canadian businesses, offering payment processing and financial management tools.

FintechToronto, CA

Ahmed Shafik(Founder)inSaud Aziz(Founder)in

Vennvenn.city

Venn is a resident engagement platform for property managers that unifies payments, community posts, maintenance requests, and amenity bookings to help operators understand and serve residents.

Data & InfrastructurePropTechSaaS

Vizcabvizcab.ioin

Vizcab provides a software platform for construction and real estate professionals to measure, optimize, and manage the carbon impact of building projects using life cycle assessment data and machine learning.

AI & Machine LearningClimate TechConstruction TechSaaSParis, FR

Thomas Jusselme(CEO & co-founder)Guillaume Lafont(CSO & co-founder)

Volirovoliro.comin

Voliro manufactures industrial drones with tiltable rotors designed for omnidirectional inspection and maintenance tasks in GPS-denied environments.

Deep TechHardwareRobotics

Frequently asked questions

What stage does noa invest at?: noa invests at the Pre-Seed, Seed, Series A, Late Stage stages.
What sectors does noa focus on?: noa focuses on Cleantech, Climate Tech, Construction Tech, Energy, Mobility & Transportation, New Materials, PropTech.
Where is noa located?: noa is headquartered in London, GB.
Does noa lead rounds?: noa typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

How AI is Shaping the Future of Real Estate: Insights from Gregory Dewerpe, noa

GRI Institute · Gregory Dewerpe

Gregory Dewerpe - Noa

Leaders in Cleantech podcast · Gregory Dewerpe

Images

Co-investors · 13

Foundamental

Foundamental is a venture capital firm focused on hardware and construction technology, providing strategic insights and investment perspective to founders building physical products for the AEC and construction industries.

Both backed · 3

011h VARMEnter

$500K – $5M

Fusion

Fusion Fund is an early-stage venture capital firm backing startups with technical or data advantages in healthcare, enterprise AI, and industrial technology.

Both backed · 1

Safehub

$500K – $1M

The Venture Collective

The Venture Collective (TVC) is a venture capital firm that invests in and supports a portfolio of startups across sectors such as energy and consumer products.

Both backed · 1

Noda Website

$100K – $2M

Group 11

Group 11 is a venture capital firm that backs founders and technology companies, describing its success as entirely dependent on the success of the companies it invests in.

Both backed · 1

Venn

$5M – $20M

Adara Ventures

Adara Ventures is an early-stage technology investor with roughly two decades of experience backing companies built on proprietary data, trust, domain depth and physical systems.

Both backed · 1

SatVu

$540K – $7.6M

GV (Google Ventures)

GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.

$250K – $50M

Atomico

Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.

Addition

Addition is a venture capital firm that invests in early and growth-stage tech companies.

$1M – $500M

Point Nine Capital

Northzone

Northzone is a multi-stage venture capital firm investing from seed to growth.

$1M – $50M

Zeev Ventures

Zeev Ventures is a venture capital investor that backs technology startups, frequently participating from incorporation and seed stages and continuing through later rounds, often taking board seats.

$20M – $50M

Pale Blue Dot

Seed-stage ClimateTech venture fund investing in companies that reduce and reverse the effects of climate change. The firm typically wants 10% shareholding.

$200K – $2.2M

▶1 more co-investors

Unconventional Ventures

Firms observed investing alongside noa, from public investor directories. Shared companies are the overlap with noa's recorded portfolio.

Similar investors

Oval Park Capital

Oval Park Capital is a seed-stage venture firm backing engineering-led hardtech startups commercializing physical and industrial technologies with defensible IP in mission-critical industries.

$500K – $1.5M

Future Energy Ventures

Future Energy Ventures (FEV) is a venture capital firm investing in founders building the future energy system through electrification, software, and digital infrastructure.

$1.1M – $11M

Cerity Partners Ventures

Cerity Partners Ventures provides Venture Capital as a Service (VCaaS) and custom venture capital solutions for corporations, helping them launch and manage corporate venture programs and invest in startups.

Munich Venture Partners

Munich Venture Partners is a European venture capital firm investing in technology companies driving the eco-industrial revolution, focusing on climate and industrial decarbonization.

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