What is Novell Design Studio?
Novell Design Studio specializes in the design and manufacturing of wedding bands and custom jewelry. The company operates through a nationwide network of authorized retailers, ensuring broad accessibility for its clientele. Novell emphasizes its in-house manufacturing capabilities, guaranteeing product quality and allowing for extensive customization options, including alterations to width, height, and color, as well as the combination of elements from different designs. Their product line is manufactured exclusively in their own factory, with a commitment to not importing or outsourcing production. All Novell rings are warranted against defects under normal usage, provided no external modifications are made.
How much funding has Novell Design Studio raised?
Novell Design Studio has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$697K
Debt (2020): $350K with participation from PPP
Debt (2021): $697K led by PPP
Key Investors in Novell Design Studio
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Novell Design Studio?
The recent major strategic investment signals a pivotal phase for Novell Design Studio, likely aimed at expanding its retail network, enhancing manufacturing capabilities, or developing new product lines. This infusion of capital will support the company's strategy to maintain its high standards of custom jewelry production and customer service, potentially exploring new markets or refining its direct-to-consumer engagement through its authorized partners. The focus remains on leveraging its in-house expertise for bespoke jewelry creation.
See full Novell Design Studio company page