Novarc Technologies

company

About

Novarc is a robotics company specializing in the design and commercialization of collaborative robots for industrial applications.

  • North Vancouver,British Columbia,Canada
  • 11 - 50

Details

Last Funding Type
Pre-seed
Industries
Industrial Engineering,Manufacturing,Mechanical Engineering,Robotics
Founded date
Jan 1, 2013
Number Of Employee
11 - 50
Operating Status
Active

Novarc Technologies is a Vancouver-based robotics company specializing in the design and commercialization of collaborative robots for industrial applications. As a Canadian pioneer in the field of collaborative robotics, Novarc has a dedicated team of engineers and scientists eager to solve challenging industrial automation problems. Novarc’s Spool Welding Robot (SWR) is the first-of-its-kind in pipe welding application.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1M
Novarc Technologies has raised a total of $1M in funding over 2 rounds. Their latest funding was raised on Mar 31, 2017 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 31, 2017 Seed $1M 2 Seaspan Corporation Detail
Jan 1, 2014 Pre-seed Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Novarc Technologies is funded by 2 investors. Seaspan Corporation and BDC Venture Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Seaspan Corporation Yes Seed
BDC Venture Capital Seed

Employee Profiles

Number of Employee Profiles
2
Novarc Technologies has 2 current employee profiles, including Executive Hamid Abdollahi
Executive
Executive