
Novel TMT Ventures is the technology, media, and telecom investment arm of the Hong Kong-based Novel Group, founded by Bruno Chou, Luis Chou, and Andrew Fine. The firm invests in seed and early-stage companies across commerce, media, payments, and consumer technology sectors.
Their most common stage is series-a (42% of deals). Average disclosed round size is $37.1M (across 30 rounds with reported amounts).
Portfolio
19
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
AF
Andrew Fine
Co-Founder & Partner
BC
Bruno Chou
Co-Founder & Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
31 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| PPredictSpring | Series B | $16M | Jun 2022 |
| Series B | $55M | Nov 2021 | |
| Growth | $700M | Jan 2021 | |
| Ipo | — | Sep 2018 | |
| Series A | $8M | Aug 2018 | |
| Series A | $13M | Jul 2018 | |
| Series A | $13M | Jul 2018 | |
| Series A | $300K | Jan 2018 | |
| Series A | $13M | Jan 2018 | |
| Series B | $15M | Jul 2016 | |
| PPredictSpring | Series A | $11.4M | Jun 2016 |
| Series F | $110M | May 2016 | |
| Series B | $15M | Feb 2016 | |
| PPredictSpring | Seed | $11.4M | Jan 2016 |
| PPredictSpring | Series A | $11.4M | Jan 2016 |
| Seed | $1.9M | Jan 2016 | |
| Series A | $8M | Jan 2015 | |
| Seed | $6M | Sep 2014 | |
| Series A | $2.4M | Jul 2014 | |
| Seed | $2.5M | Apr 2013 | |
| Series C | $4.4M | Mar 2013 | |
| EEuclid Analytics | Series B | $17.3M | Feb 2013 |
| Seed | $2.1M | Feb 2013 | |
| Series A | $4.8M | Jul 2012 | |
| Series A | $4.8M | Jan 2012 |
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Top Co-Investors
New Enterprise Associates4 shared
Advancit Capital4 shared
Harrison Metal4 shared
SoftBank Vision Fund4 shared
Menlo Ventures4 shared
Maveron4 shared
CASSIUS4 shared
Golden Ventures4 shared
Founders Fund4 shared
Flight Fund4 shared
Felicis4 shared
Bloomberg Beta3 shared
Downey Ventures3 shared
Index Ventures3 shared
Headline3 shared
Greycroft3 shared
SV Angel3 shared
Silicon Valley Bank3 shared
Pelion Venture Partners2 shared
Bain Capital Ventures2 shared
Last updated: 20 October 2026