NoviqTech

What NoviqTech does

NoviqTech (ASX: NVQ) is a Sydney-headquartered Australian technology company that built a portfolio of supply chain traceability and sustainability data management platforms, including Carbon Central (production data tracking, emissions calculation, sustainability reporting), Fuel Central (specialized sustainable fuels traceability forked from Carbon Central), NoviqAI (AI-powered analytics), and Quantum Intelligence (quantum-powered verification via NVIDIA CUDA-Q). The underlying architecture combines digital twins, Hedera distributed ledger for tamper-proof certificate management, and quantum-enhanced analytics to deliver audit-ready compliance documentation across multiple regulatory frameworks (ISCC, RSB, CORSIA, RED III, ReFuelEU, Guarantee of Origin). The company serves enterprise customers in aviation, biofuels, resource recovery, battery recycling, hydrogen, and new energies segments, with disclosed case-study clients including Viva Energy, HYDI, Livium, Global Resource Recovery NT, and the TROEF Consortium.

Revenue mechanics are multi-stream: SaaS platform subscriptions (enterprise licensing for Carbon Central/Fuel Central), professional services engagements (e.g., a ~$45,000 three-phase SAF book-and-claim research project with Viva Energy), and prospective biochar carbon credit sales through the Coralia subsidiary. Go-to-market is sales-led and enterprise-focused, indicated by "Book a Demo" CTAs across the website and direct demo-based qualification. Pricing is not publicly disclosed, though a free emissions calculator serves as a lead generation tool.

In January 2026, the company announced a binding agreement to acquire 90% of Coralia Pty Ltd, an Australian biochar carbon dioxide removal company developing projects in the Great Barrier Reef catchment with secured biomass contracts (2 million tonnes). This was followed in June 2026 by a strategic restructuring: announced divestment of Carbon Central, Fuel Central, NoviqAI, and Quantum Intelligence platforms to India's Renaissance Infrastructure for $1 million, with the company shifting focus entirely toward CDR via Coralia. Leadership transitioned with Executive Director Timothy Brooks replacing Freddy El Turk as Managing Director. Forward strategy targets data centre operators and AI hyperscalers as primary offtake customers for high-integrity biochar CDR credits (US$150-220 per tonne) and low-carbon concrete applications through research partnerships with Swinburne University and a non-binding MOU with A Healthier Earth (Pure Data Centres Group subsidiary) covering 70% of credit offtake.

Name

NoviqTech

Legal name

NoviqTech Group Limited

Website

https://noviqtech.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

NoviqTech (ASX: NVQ) is an Australian sustainability technology company that developed blockchain-based supply chain traceability platforms (Carbon Central, Fuel Central, NoviqAI, Quantum Intelligence) for emissions reporting and compliance, and is pivoting toward biochar carbon dioxide removal via its Coralia subsidiary, targeting data centre and hyperscaler demand.

Ownership category

akta.pro rank

Product category

Sustainability & Carbon Management Software

NAICS

Software Publishers (513210), Environmental Consulting Services (541620)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Enterprise Carbon Accounting & GHG Inventory Platforms (EUABAEAA)

akta.pro secondary industries

Carbon Credit/REC Tracking, Claims & Chain-of-Custody Platforms (EUABAEAH), Emissions Factors, LCA & Product Carbon Footprint (PCF) Platforms (EUABAEAD), Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance) (EUABAAAE), Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Regulatory & Disclosure Strategy (CSRD/ESRS, ISSB/IFRS S2, SEC, TCFD) (EUABAKAH)

Keywords

• Carbon accounting software
• Supply chain traceability
• Sustainability reporting platform
• Sustainable fuels compliance
• Biochar carbon removal

Headquarters

HQ city

Southport

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Platform Subscriptions: Subscription-based access to Carbon Central, Fuel Central, NoviqAI, and Quantum Intelligence platforms for supply chain traceability, emissions tracking, and sustainability reporting. Software-as-a-service model with enterprise licensing.
2. Carbon Credit Sales (Coralia): Revenue from biochar carbon dioxide removal (CDR) credits produced by Coralia subsidiary. High-integrity biochar credits priced at US$150-220 per tonne. Targeting data centres and hyperscalers seeking durable carbon removal.
3. Professional Services: Research, consulting, and implementation services for sustainability projects. Structured engagements such as $45,000 Viva Energy SAF research project across discovery, configuration, and demonstration phases.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels5 records

Core offering

NoviqTech sells sustainability data management SaaS platforms — primarily Carbon Central (production data tracking, emissions calculation, and sustainability reporting across Scope 1/2/3 with chain-of-custody) and Fuel Central (specialized sustainable-fuels traceability for SAF and biofuels with book-and-claim functionality). The platforms are supported by NoviqAI analytics and Quantum Intelligence (NVIDIA CUDA-Q), and run on Hedera blockchain for tamper-proof digital certificates. Revenue is generated through enterprise SaaS subscriptions, professional services engagements, and (via the Coralia subsidiary) biochar carbon dioxide removal credits.

Product overview

NoviqTech offers a suite of digital platforms for supply chain traceability and sustainability data management. The core product portfolio includes Carbon Central (comprehensive sustainability data platform for emissions tracking and reporting), Fuel Central (specialised sustainable fuels traceability platform built on Carbon Central), NoviqAI (AI analytics component), and Quantum Intelligence (quantum-powered verification). The company also operates Coralia, a subsidiary focused on biochar carbon dioxide removal for data centres. Additional compliance tools include Mass Balance and Book & Claim systems for chain-of-custody management under standards like ISCC, RSB, and EU RED III. The platforms serve industries including aviation, biofuels, renewable energy, resource recovery, and manufacturing, supporting compliance with global sustainability regulations and certification frameworks.

Differentiator

Problem solved

Functional benefit

Brands

• Carbon Central: Platform for automating production data tracking, emissions calculation, and sustainability reporting.
• Fuel Central
• NoviqAI
• Quantum Intelligence
• Coralia

Products and services

• Carbon Central Comprehensive sustainability data management platform that automates production data tracking, emissions calculation (Scope 1, 2, and 3), and sustainability reporting with chain-of-custody records aligned to certification and market requirements. Used by enterprises in resource recovery, recycling, and broader sustainability reporting.
• Fuel Central Specialised traceability platform for sustainable fuels (SAF, biodiesel, renewable fuels) built on Carbon Central technology. Provides batch-level digital twin tracking, blockchain-powered chain of custody, and book-and-claim functionality for offtakes not directly connected to physical supply chains. Supports ISCC, RSB, Guarantee of Origin, and Book & Claim features.
• NoviqAI AI-powered analytics platform positioned alongside Carbon Central for sustainability data analysis and optimization across supply chains.
• Quantum Intelligence Quantum-powered verification and performance intelligence platform, powered by NVIDIA CUDA-Q, delivering hybrid quantum-classical performance for real-time tracking and tamper-proof digital certificates.
• Coralia Biochar CDR Institutional-grade portfolio of high-integrity biochar carbon dioxide removal (CDR) projects located in the Great Barrier Reef catchment in North Queensland. Targets data centres and AI hyperscalers with durable (1000+ year) carbon sequestration credits priced at US$150–220 per tonne.
• Mass Balance Chain-of-Custody System Chain-of-custody compliance solution allowing certified sustainable materials to be mixed with conventional ones while ensuring total certified input matches claimed output. Supports EU RED III, ISCC, and other certification schemes.
• Book and Claim Certificate System Certificate management platform for SAF and biofuels enabling issuance, allocation, transfer, and retirement of sustainability certificates separate from physical fuel delivery. Operates on Hedera blockchain with full traceability across transactions to mitigate double-counting risk.
• Emissions Calculator Free online tool for businesses to calculate greenhouse gas emissions using region-specific emissions factors, providing indicative estimates for Scope 1, 2, and 3 emissions in alignment with Climate Active and international reporting standards.
• Viva Energy SAF Book-and-Claim Research Engagement Structured professional services engagement covering discovery, configuration/testing, and demonstration phases of a SAF book-and-claim research project for Viva Energy. Targets digital SAF accounting, lifecycle GHG emissions, and chain-of-custody models as part of Brisbane Airport SAF infrastructure.

Quantifiable outcome

• Up to 10x faster hybrid quantum-classical performance with NVIDIA CUDA-Q integration
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Renaissance InfrastructureminorChannel Partner/ Reseller/ Distributor · 15 June 2026Indian infrastructure company acquiring NoviqTech's Carbon Central, Fuel Central, NoviqAI, and Quantum Intelligence platforms for $1 million. Divestment enables NoviqTech to shift focus entirely toward CDR via Coralia subsidiary. Staff transfer to Renaissance with monthly savings exceeding $100,000 for NoviqTech.
• Swinburne University of TechnologycoreStrategic or Co-development Partner · 23 April 2026Research partnership to explore biochar use in low-carbon concrete for data centre infrastructure. Phase 1 assessing biochar from invasive Chinese apple tree biomass for non-structural concrete and landscaping products under Australian standards. Phase 2 may progress to scalability and structural concrete applications with commercial trials.
• A Healthier Earth (Pure Data Centres Group)coreStrategic or Co-development Partner · 21 April 2026Strategic MOU with AHE (climate-tech R&D subsidiary of Pure DC) to assess long-term offtake for minimum 70% of Biochar CDR credits from Great Barrier Reef Biochar Project. Parties exploring potential JV for biochar production facility construction. AHE recently committed £24 million to UK's largest biochar facility in Wiltshire.
• Data Centres Australia (DCA)coreGTM or Marketing Partner · 5 March 2026Affiliate membership in national industry body representing Australia's data centre sector. Positions Coralia to pursue sustainable data centre construction partnerships and carbon removal opportunities. Access to embodied carbon working groups and key decision-makers across data centre ecosystem.
• TFA Project GroupcoreImplementation/ SI/ Consulting Partner · 5 March 2026Appointed for pre-feasibility engineering and project management support to Great Barrier Reef Biochar Project in North Queensland. TFA has extensive North Queensland experience including pre-feasibility study for Jet Zero Ulysses SAF project in Townsville. Leading Australian bio-energy engineering consultancy.
• Viva EnergycoreStrategic or Co-development Partner · 21 January 2026Formal agreement supporting Viva Energy's SAF book-and-claim project, part-funded by ARENA ($2.39M). NoviqTech to receive ~$45,000 across three project phases for discovery, configuration/testing, and demonstration. Research into digital SAF accounting, lifecycle GHG emissions, and chain-of-custody models.
• Roundtable on Sustainable Biomaterials (RSB)coreGTM or Marketing Partner · 21 August 2025RSB membership provides alignment with global sustainability standards (RSB Principles & Criteria), voice in shaping future standards through governance and working groups, and access to events, training, and collaborative platforms for SAF, Book & Claim, and Sustainable Airports initiatives.
• Coralia Pty LtdcoreStrategic or Co-development PartnerNoviqTech acquiring 90% of Coralia Pty Ltd, an Australian Biochar Carbon Removal company building institutional-grade biochar CDR projects in Great Barrier Reef catchment, North Queensland. Supported by $1.5M placement and minimum $1M equity raise.
• Pure Data Centres GroupcoreStrategic or Co-development PartnerMajor offtake deal in negotiation covering 70% of credits from Great Barrier Reef biochar project. Pure DC operates data centres across Europe, Middle East, and Asia with 1GW+ capacity live or under development.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Emitwise: Carbon accounting and emissions tracking software for enterprises with scope 3 supply chain measurement. Direct peer to Carbon Central for industrial and manufacturing customers needing supply chain emissions data.
• Persefoni: Enterprise climate management and carbon accounting SaaS platform that automates GHG inventories across Scope 1, 2, and 3. Direct competitor to Carbon Central for sustainability data management and emissions reporting at large enterprises.
• Patch: API-first carbon credit infrastructure that enables businesses to embed carbon offsetting into products and services. Comparable technology layer for digital, audited carbon assets close to NoviqTech's Tokenized Book-and-Claim system.
• Cloverly: Carbon offsetting API and sustainability platform enabling automated carbon calculations and high-quality offset purchasing. Comparable to NoviqTech's digital certificate tokenization and carbon credit integration within Carbon Central.
• Greenly: Carbon accounting platform with scope 1-3 tracking, supplier engagement, and decarbonization roadmaps. Closely comparable to Carbon Central in workflow automation and compliance-focused reporting.
• Puro.earth: Carbon removal registry and marketplace that issues certified biochar and other durable CDR credits — the very registry under which Coralia is registering its 550,000 tonnes of credits. Comparable as the standard-setting and trading infrastructure for Coralia's product.
• Circulor: Supply chain traceability platform using blockchain and AI to verify material provenance and ESG claims, with strong footprint in battery and mining supply chains. Highly comparable to NoviqTech's chain-of-custody functionality for battery/EV and industrial customers.
• Watershed: Enterprise carbon accounting and climate platform providing GHG measurement, reporting, and reduction tools. Direct peer to NoviqTech's Carbon Central for large customers needing audit-ready sustainability disclosures.

Emerging players

• Carbonfuture: End-to-end carbon removal platform combining credit registry, MRV, and marketplace for biochar and other durable CDR. Direct emerging competitor to Coralia's biochar CDR offering and adjacent to NoviqTech's on-chain registry capabilities.

Broad incumbents

• South Pole: Global climate consultancy and carbon project developer offering carbon advisory, offset sourcing, and in-house project development across renewables, forestry, and CDR. Broader incumbent analog combining carbon markets participation, advisory, and now project development similar to NoviqTech's Coralia vertical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tymlezbv

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NoviqTech