Canada · Mechanical or industrial engineering startup
Canada · Novarc Technologies Inc.
Novarc Technologies Inc.
Funding reportedLast round: Series A
About Novarc Technologies Inc.
Novarc Technologies Inc.
is a Vancouver-based company founded in 2013 that specializes in intelligent collaborative robots (cobots) and AI-driven machine vision solutions for autonomous arc welding. The company is known for its flagship product, the Spool Welding Robot (SWR), which is the world’s first collaborative robot designed specifically for pipe welding applications. Novarc's technology integrates real-time computer vision and adaptive control systems, enabling its robots to learn and adapt in real time. With approximately 105 to 128 employees, Novarc has raised significant funding from notable investors, including Caterpillar and the Government of Canada. The company serves various industries, including oil and gas, aerospace, and shipbuilding, providing solutions that enhance precision and productivity in welding operations. Novarc is recognized as a leader in the field, having been named among Canada’s Top Growing Companies and listed in The Financial Times’ fastest-growing companies in the Americas. Its mission is to automate challenging welding tasks, improving safety and efficiency in industrial environments.
What company datasets say Novarc Technologies Inc. raised
Funding, as reported
On a portfolio page
Investors who name them
Each firm lists Novarc Technologies Inc. on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
industrial automationremote monitoringrobotic welding systems integrationwelding automationwelding process datawelding automation softwarewelding industrywelding process documentationwelding quality logswelding process analyticswelding defect detectionmanufacturingseam tracking technologycollaborative robotswelding process managementmachine vision
Built with from their website
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- Sector
- Mechanical or industrial engineering
- Industry code
- NAICS 33361, 333248, 541512, SIC 3599
- Region
- British Columbia
- Revenue
- 19.1M a year, as listed
- Full record
- Every detail in the company directory
Mechanical or industrial engineering in Canada
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