Novol, Inc

Materials · Private

Bio-based optical polymer for prescription eyewear lenses with improved clarity and refractive properties

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Updated · novolbio.com

Sector
Materials
Total capital
$1.9M
Federal grants
$1.9M
4 awards · 2017–2019
Rank in peer group#108 of 141
Private capital raised
None on recordNo Form D filings on SEC EDGAR. Some raises are not filed.
Federal contracts
None on recordNo federal contract awards found.
Granted patents
3
5 pending · first 2020
Rank in peer group#23 of 141

Capital timeline

201720182019FEDERAL ↑EQUITY ↓Cumulative $1.9M$225K$100K$947K$650K
201720182019FEDERAL ↑EQUITY ↓Cumulative $1.9M$225K$100K$947K$650K

Latest events

  • Federal grantAgriculture · Corn Based Chemistries For Making Renewable Optical Polymers$650K
  • Federal grantNSF · Phase II · SBIR Phase II: Bio-based polymers for optical applications$947K
  • Federal grantAgriculture · Corn Based Chemistries For Making Renewable Optical Polymers$100K
  • Federal grantNSF · Phase I · SBIR Phase I: Bio-based polymers for optical applications$225K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 141 peers

Line = median

Materials · Material

  • Federal grantsBelow median
  • Granted patents#23 · top 16%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

No founders are linked to this company yet.

Founders appear once a person is matched to the company through its own patents, grants or filings. We never infer people from social profiles.

Checked: USPTO inventors; federal award principal investigators; SEC Form D related persons · Oct 23, 2026

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What it has protected

USPTO · 3 granted of 8
Show all 8 patent records
  • Novol IncShares a founder: Jagdish M Jethmalani, Monica Bhatia
  • Z18 ENGINEERING, LLCSimilar federal contract value in Materials · null in contracts
  • Accelerator Technology CorporationSimilar federal contract value in Materials · null in contracts
  • FIBERSTAR, INCSimilar federal contract value in Materials · null in contracts
  • PARTICLE FLUX ANALYTICS INCSimilar federal contract value in Materials · null in contracts
  • AUCTUS BLUE, LLCSimilar federal contract value in Materials · null in contracts

Regulatory activity · Materials

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .