Novi Labs Closes Financing Round to Meet Growing Demand for its Leading Oil & Gas Machine Learning SoftwareNovi Partners with Cottonwood Venture Partners to Accelerate Growth and Product Enhancements AUSTIN, Texas, September 5, 2017-- Novi Labs (“Novi”) today announced a financing round led by Cottonwood Venture Partners (“CVP”), along with additional capital from seed investor, Bill Wood. Novi is an Austin-based company that provides machine learning software to help oil and gas companies design wells and optimize development programs to maximize economic performance.