HEADLINE NovaTech AI Raises $12M To Expand AI Developer Tools DATELINE SAN FRANCISCO, California — July 18, 2026 — NovaTech AI announced today that it has raised $12 million in Series A funding led by a16z to accelerate the development of AI-powered developer tools and support its expansion into Europe. The company’s growth comes as it reaches 50,000 users and reports 300% year-over-year growth. BODY The new funding will help NovaTech AI expand its platform for developers and advance its mission of making software creation more accessible through AI. With a growing user base and international expansion plans, the company aims to help more people build software with AI-powered tools. NovaTech AI has seen rapid adoption since launching, reaching 50,000 users while growing 300% year over year. The Series A investment from a16z will support the company as it enters European markets and continues building tools designed to broaden access to software development. The rise of AI-powered development tools is changing how software is created, giving more people the ability to participate in building technology. NovaTech AI’s expansion reflects growing demand for tools that help developers and new creators bring ideas to life more efficiently. EXECUTIVE QUOTE “AI has the potential to change who gets to create software,” said (CEO Name), CEO of NovaTech AI. “We’re building tools that make development more accessible so more people can turn their ideas into working products, regardless of their technical background.” “Our focus has always been on giving creators better ways to build,” said (CEO Name). “This funding allows us to bring that vision to more users around the world, including developers across Europe.” BOILERPLATE NovaTech AI develops AI-powered developer tools designed to make software creation more accessible. The company’s mission is to democratize software development by helping more people build with AI, and its platform currently serves 50,000 users. MEDIA CONTACT (Name) (Title) (Email) (Phone)