Doha Tech Angels Joins $3.6M Round for European HR Tech Platform Nova
The European Human Resources technology platform, Nova, has successfully raised $3.65 million in an investment round with significant participation from Qatar's Doha Tech Angels. The round, led by CDP Venture Capital and BY Venture Partners, will fuel the development of Nova's AI-powered platform and its expansion across Europe.
Doha Tech Angels' Strategic Investment
The participation of Doha Tech Angels is a key strategic element of this funding round. It aligns with the Qatari fund's strategy to back innovative technology startups that are providing solutions for modern labor markets. This investment highlights Doha Tech Angels' focus on companies that target high-caliber talent, not just within the MENA region but on a global scale. By backing Nova, the fund is helping to build a bridge between the region's talent needs and a high-quality international professional community.
Nova's Exclusive AI-Powered Talent Platform
Founded in 2020 by Andrea Marino, Ramon Rodriguez, and Lars Henrik Fris-Møller, Nova operates a global talent community platform with a selective, AI-backed access model. All members must pass a rigorous selection process, ensuring a high-quality community of verified professional profiles. This exclusivity is a core part of its value proposition for both talent and corporate clients.
Fueling European Expansion and Product Development
Nova plans to use the new funding in three key areas: expanding its presence in major European capitals, further developing its proprietary AI matching algorithm, and enhancing its "Nova Recruiter" product. Nova Recruiter is a Software-as-a-Service (SaaS) platform designed for corporate clients, positioning itself as a high-end alternative to LinkedIn for sourcing elite talent.
About Nova
Nova is a European HR technology company that provides an exclusive, AI-driven platform connecting a vetted community of top-tier professional talent with leading companies. Its mission is to revolutionize recruitment by ensuring quality and efficiency through technology and a selective community model.
About Doha Tech Angels
Doha Tech Angels is a Qatar-based investment fund that supports early-stage technology companies. The fund focuses on startups that offer innovative solutions, particularly within sectors relevant to labor markets and the development of highly skilled talent pools.
Looking Ahead: Bridging MENA with Global Talent Pools
The investment by Doha Tech Angels in a European HR tech leader like Nova is a strategic move that benefits both parties. It provides Nova with capital and a strategic foothold in the MENA region, while giving the Qatari fund and its ecosystem access to a global network of elite talent. This cross-regional partnership underscores the growing trend of connecting international innovation with the strategic talent objectives of the Gulf region.
Source: Jawlah