V-Nova, a privately owned company headquartered in the UK, was founded in 2011 and employs approximately 80 individuals. The company, a tier 3 media tech buyer, reported $165,124.1 in revenue as of 2024. Specializing in media tech IP licensing, it develops video compression software intended to improve data compression.
V-Nova recently explored video codec strategy, observing that H.264/AVC remains widely deployed alongside HEVC, AV1, and VVC, noting that clean codec swaps are uncommon. Earlier in September, V-Nova announced plans to showcase LCEVC opportunities and Visual AI capabilities at IBC2026. The company highlighted that Brazil’s DTV+ rollout is propelling LCEVC into silicon TVs and set-top boxes for global deployment. At the event, V-Nova will also demonstrate AI-native live production content analysis and AI training with collaborators swXtch.io, the DAZN-led IBC Accelerator program, and NVIDIA NeMo Curator. In late August, V-Nova explained how its MPEG-5 LCEVC technology improves video efficiency by combining a lightweight enhancement layer with existing codecs such as H.264, HEVC, AV1, and VVC, effectively reducing bitrate while maintaining visual quality.
V-Nova's customers primarily consist of technology, Information and Media, semiconductor Manufacturing and media managed services companies. Examples of V-Nova's customers include Grupo Globo, Mediapro and Realtek Semiconductor. V-Nova has partners like Allegro DVT. V-Nova has suppliers like MainConcept.