Caeli Nova concludes its Series A round at CHF 10m with a second closing

by Startacus Admin
Further investment success for Caeli Nova to support breathing technology development in commercial aviation and beyond.
Caeli Nova breathing technology innovator, operating at the intersection of aviation and healthcare, has successfully completed a second closing of its Series A round of financing.
This funding will support breathing technology development in commercial aviation and beyond, adding a further CHF 2m of investment to its CHF 8m first closing in December 2021. The second closing brings the Series A investment in Caeli Nova to a total of CHF 10m, setting the company on a strong path to installing Cordillera, onto its first aircraft during 2022 and further developing its technology to advance a long-overlooked aspect of aviation.
Cordillera, Caeli Nova’s launch product, is an onboard emergency oxygen system that enables aircraft to overcome limitations associated with existing systems, enabling aircraft to fly the most direct routes, and significantly reducing costs and carbon emissions for airlines. In addition, Cordillera removes operational constraints and limitations facing airlines, airframers and defence aerospace today, thereby allowing airlines to operate shorter flights, with associated reductions in fuel and carbon emissions.
This latest investment round was syndicated by LG Capital, Switzerland-based venture builder and co-founder of Caeli Nova. As part of the second closing, Caeli Nova welcomed Swiss entrepreneur and investor Daniel S. Aegerter of Armada Investment. Within its venture portfolio, Armada has experience with multiple aviation innovators, such as Flytrex and Lilium.
Among Caeli Nova’s Series A investors, Armada joins this round’s lead investor Ornament Health, a Swiss digital health company, and Latécoère, a leading stock market listed Tier 1 aerospace manufacturer.
Tim Wakeford, CEO of Caeli Nova said: “The funding we’ve received in our Series A round has come from both the healthcare and aviation sectors, which truly speaks to the vision we share with our partners for Caeli Nova’s technology. This support brings us closer to installing our product initially in the aviation market and will also allow us to further explore possibilities in other sectors.”
Exciting times ahead for this hugely innovative startup!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.

Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.

The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.

John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.

The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.

Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.

Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.

London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.

The lowdown on Dublin-based startup and NUI Maynooth spin-out Neuromod Devices and its innovative evidence-based bimodal neuromodulation treatment for chronic tinnitus.

With the clear shift towards generative AI, Richard Hayes, search director at digital marketing agency Catalyst explores what it means for SEO...
Published on: 22nd February 2022
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.