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COnovate Inc.

COnovate Inc.

Private
Wauwatosa, WisconsinEnergy & Sustainabilityhttps://conovateinc.com

Last Round

Seed

Jan 27, 2025

Total Funding Raised

$940,000

Momentum

Top 25%

of companies Caplight tracks

Company Overview

COnovate Inc. operates in Energy & Sustainability and is based in Wauwatosa, Wisconsin. Its latest recorded funding round was a Seed round in January 2025.

COnovate Inc. is a materials science company that develops and commercializes sustainable, bio-sourced carbon-based nanomaterials for use as anode materials in lithium-ion and sodium-ion batteries.

Sector

Energy & Sustainability

Verticals

Advanced Materials, Energy Storage, Sustainable Materials, Clean Manufacturing

Business Model

B2B

Customer Profile

Government Contracts, Services & Consulting

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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COnovate Inc. Comparables

Compare COnovate Inc. with similar companies based on industry and business-model similarity.

COnovate Inc. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
CarbonScape
82%
Urbix, Inc.
79%
Battery Streak, Inc.
77%
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COnovate Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedJan 27, 2025
SAFEMar 24, 2022
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Key People

Founding team and executive leadership

Craig Rigby

Chief Executive Officer, Board Member

Executive Team

Carol Hirschmugl

Chief Technology Officer

Executive Team

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COnovate Inc. Investors

Notable investors and investment history

COnovate Inc. investors
InvestorRounds
Milwaukee Venture PartnersSAFE
Tundra AngelsSeed, SAFE

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 26, 2026

    Monthly visitors increased 4291% MoM, reaching 1.4K.

  • Jan 27, 2025

    Seed round raised with Tundra Angels participating.

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Recent news

Latest coverage and updates

  • signs_new_clientSep 14, 2026

    COnovate, Inc. was awarded a $1.25M, 24-month development contract by Energy on Sep 14th '26 in Wisconsin to scale U.S. production of its eCOphite graphite-alternative anode material.

  • receives_financingSep 14, 2026

    COnovate, Inc. receives a $1.25M U.S. Department of Energy contract in Wisconsin on Sep 14th '26 to continue scaling U.S. production of its eCOphite anode material under a two-year agreement.

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COnovate Inc. Filings

Explore SEC and related filing metadata, where available.

COnovate Inc. filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about COnovate Inc.'s valuation, stock price, and market status.

Is COnovate Inc. a public or private company?

COnovate Inc. is a private company.

What is the current stock price of COnovate Inc.?

COnovate Inc. is a private company, so its shares have no public market price. Caplight tracks COnovate Inc.'s secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is COnovate Inc. worth (valuation)?

Valuation information for COnovate Inc. is not publicly available.

Can I buy COnovate Inc. stock?

COnovate Inc. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was COnovate Inc.'s last funding round?

COnovate Inc.'s most recent funding round was Seed on January 27, 2025.

Who are the main investors in COnovate Inc.?

Key investors in COnovate Inc. include Milwaukee Venture Partners, Tundra Angels.

Will COnovate Inc. IPO soon?

No public IPO plans have been announced for COnovate Inc..

How can I track COnovate Inc. secondary market activity?

Caplight tracks bids, offers, and trades in COnovate Inc.'s shares on secondary markets.

Firmographic Details

HeadquartersWauwatosa, Wisconsin
Employee Range10
Year Founded2016
Last FundingJan 27, 2025

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