Qnovia

Richmond, VA · Founded 2018 · Privately Held (backing)

Developer of a drug delivery platform designed to advance pharmaceutical research and treatments aimed at saving lives. Qnovia is based in Richmond, VA and was founded in 2018. It was valued at $250 million at its later-stage round in Dec 2024, the last priced event on record. It has raised $43.5 million across 2 recorded rounds; the latest was a $14.2 million early-stage round in Oct 2024.

PMV mark · valuation
$250.0M
Oct 2026
Priced at
its later-stage round
Dec 2024
Total raised
$43.5M
Last round
Early Stage VC
Oct 2024
What is Qnovia worth?
$250.0MPrivateMarketView mark · Oct 2026

Valued at $250.0M at its later-stage round, Dec 2024. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Qnovia funding history

2 rounds
DateRoundRaisedPost-money
Oct 2024Early Stage VC$14.2M▮
May 2023Seed Round$2.9M▮
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Qnovia valuation

Qnovia was valued at $250 million at its later-stage round in Dec 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Qnovia raised?

Qnovia has raised $43.5 million in total; 2 of its rounds are on record. The largest on record was a $2.9 million seed round in May 2023; the most recent was a $14.2 million early-stage round in Oct 2024.

Qnovia has filed 2 Form Ds with the SEC since 2023, most recently in Nov 2024 ($14.2 million sold to 7 investors).

How Qnovia's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Qnovia, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Qnovia

What is Qnovia worth?
Qnovia is valued at $250.0M as of Oct 2026. Valued at $250.0M at its later-stage round, Dec 2024. Nothing has traded since.
How much has Qnovia raised?
Qnovia has raised $43.5M in total funding across 2 recorded rounds.
When did Qnovia last raise?
Qnovia last raised in Oct 2024 (Early Stage VC), raising $14.2M.