Silicon Valley VC Brings AI Growth to Arizona - Beyond
Published: January 31, 2026
Duration: 2:18
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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 Valle...