N
Novator
London, United KingdomFounded 2004
Novator is a Series A to Series D stage investment firm based in London, United Kingdom. It has made 18 investments, with focus areas including Gaming, E-Commerce & Marketplace, Healthcare, Mobility & Transportation, Cybersecurity, HR & Talent. 33% of their portfolio is in Gaming. Average disclosed round size is $100.2M (across 18 rounds with reported amounts).
Portfolio
18
Fund Size
—
Top Stage
Series B
Last 12 Mo
1
Team
BR
Birgir Ragnarsson
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
18 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Numan | Series B | $51.6M | Jul 2025 |
| SSteel City Interactive | Series B | $18.8M | May 2024 |
 Klang Games | Series C | $41M | Jul 2022 |
 Nord Security | Series D | $100M | Apr 2022 |
 Sona | Seed | $6.6M | Mar 2022 |
 Rebag | Series E | $33M | Dec 2021 |
 Tier Mobility | Series D | $200M | Oct 2021 |
 Lyst | Growth | $85M | May 2021 |
 Bloom & Wild | Series D | $102M | Jan 2021 |
 Tier | Series C | $250M | Nov 2020 |
| Numan | Series A | $13M | Oct 2020 |
 Cazoo | Series D | $311M | Oct 2020 |
 Zwift | Series C | $450M | Sep 2020 |
| KKlang | Series B | $20M | Aug 2019 |
| Rebag | Series C | $25M | Feb 2019 |
| Zwift | Series A | $27M | Nov 2016 |
 CCP Games | Series B | $30M | Nov 2015 |
| Numan | Series B | $40M | — |
Top Co-Investors
General Catalyst5 shared
White Star Capital4 shared
Northzone3 shared
Mubadala Ventures3 shared
VNV Global2 shared
Anthemis Exponential Ventures2 shared
SoftBank Vision Fund2 shared
RTP Global2 shared
Fidelity Investments2 shared
Burda Principal Investments2 shared
Supercell2 shared
Speedinvest2 shared
Big Pi Ventures1 shared
Endeavor Catalyst1 shared
Shasta1 shared
Goodwater Capital1 shared
D1 Capital Partners1 shared
BlackRock1 shared
L Catterton1 shared
Last updated: 15 April 2026