V-Nova Ltd.

V-Nova Ltd. is a London based IP and software company with a focus on revolutionizing data compression. The company's innovative technologies are based on the groundbreaking use of AI and parallel processing for data, video, imaging, and point cloud compression, with applications across various verticals. V-Nova's dedication to deep-science R&D is evident through its extensive portfolio of over 300 international patents and the continuous enhancement of its technology portfolio through product development. One of V-Nova's pioneering products is the V-Nova LCEVC, which is the industry's first highly optimized library for encoding and decoding enhanced video streams with MPEG-5 Part 2, Low-Complexity Enhancement Video Coding (LCEVC). Additionally, the company has developed the V-Nova VC-6, a high-performance AI-powered software library for SMPTE VC-6 (ST-2117), primarily used for professional production workflows and imaging applications. V-Nova has garnered recognition for its award-winning software products that cater to ecosystems for its technologies, enabling immediate deployment across various industries including TV, media, entertainment, social networks, eCommerce, ad-tech, security, aerospace, defence, automotive, and gaming. The company's business model revolves around monetizing its technologies through software licensing, IP royalties, and product sales. Founded in 2011, V-Nova continues to attract investments with its last Series C. The most recent investment on 27 July 2021 draws attention from Neva SGR. With its headquarters in the United Kingdom, V-Nova has established itself as a prominent player in the fields of Big Data, Digital Media, Entertainment, Social Media, VR/AR, Media, and Streaming. For more information, visit the company's website at http://www.v-nova.com/.