SignalsAZ.com Prescott News Podcast - Silicon Valley VC Brings AI Growth to Arizona - Beyond

Episode Date: January 31, 2026

Send us a text and chime in!Silicon Valley–based venture capital firm NovaWave Capital has welcomed AZ Venture Capital Inc. and Sunny Day Sports as new investors in its latest fund, further strengthening the public-private capital supporting innovation across the United States. The announcement coincided with CES 2026®, where NovaWave, together with anchor investor LG Electronics, unveiled a collaboration with the Arizona Commerce Authority to launch WaveX, a new AI venture studio. WaveX will support startups and early-stage companies in healthcare, energy, sports, and media. NovaWave’s initiative complements its existing hubs in West Virginia and Silicon Valley, along with its growing presence in the Gulf region, creating... For the written story, read here >> https://www.signalsaz.com/articles/silicon-valley-vc-brings-ai-growth-to-arizona-beyond/Check out the CAST11.com Website at: https://CAST11.com Follow the CAST11 Podcast Network on Facebook at: https://Facebook.com/CAST11AZFollow Cast11 Instagram at: https://www.instagram.com/cast11_podcast_network

Text to speech audio articles made possible on the Cast11.com podcast network by Fane Signature Group. Silicon Valley-based venture capital firm Nova Wave Capital has welcomed Oz Venture Capital incorporated in Sunny Day Sports as new investors in its latest fund, further strengthening the public-private capital supporting innovation across the United States. The announcement coincided with CES 2026, where Nova Wave, together with anchor investor LG Electronics, unveiled a collaboration with the Arizona Commerce Authority to launch Wavex. a new AI Venture Studio. WaveX will support startups and early stage companies in healthcare, energy, sports, and media.

Nova Wave's initiative complements its existing hubs in West Virginia and Silicon Valley, along with its growing presence in the Gulf region, creating a cross-regional network to accelerate technology innovation. Supporting AI-driven growth. Nova Wave Capital, established under LG Electronics North America Innovation Center, LG Nova, focuses on scaling high-growth AI company. in energy, health care, and enterprise sectors. The firm aims to deliver measurable economic and industrial impact while bridging Silicon Valley innovation with regional and international

markets. The WaveX Venture Studio and Nova Waves Fund provide companies with collaboration with LG Nova for commercialization pathways in the U.S. and globally. Incubation and venture building resources to accelerate product development. Regional acceleration partnerships in West Virginia, Nevada, and Arizona. sector expertise in AI, advanced energy, digital health, and applied enterprise innovation. Global expansion opportunities through government and industry collaborations. With the launch of WaveX and the expansion of its cross-regional network, Nova Wave Capital is positioning itself as a key driver of AI, energy, and healthcare innovation in the U.S. and beyond.

By combining strategic partnerships, regional acceleration hubs, and global expertise, the firm aims to support the next generation of high-growth companies, strengthen local innovation ecosystems, and deliver measurable economic and industrial impact nationwide. Catch up with more business, finance, and technology news on signalsaz.com. Subscribe and be the F1 RSD 2-No.