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