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Export Development Canada

Novarc Technologies Secures $50M to Advance AI Welding Automation

March 11, 2025 by Techcouver Newsdesk Leave a Comment

North Vancouver-based Novarc Technologies, a leader in AI-driven robotic welding solutions, has raised $50 million in Series B funding to expand its research and development efforts. The round was led by Export Development Canada (EDC), with participation from Graham Partners, Seaspan, and InBC Investment Corp. Novarc’s NovAI™ system, an AI-powered welding solution, enhances robotic automation […]

Filed Under: News Tagged With: BC Tech Member, Export Development Canada, Graham Partners, InBC Investment Corp, Novarc Technologies, Seaspan

Procurify Secures Sizeable Series C Funding to Fuel Future Fintech

October 17, 2023 by Knowlton Thomas Leave a Comment

A spend management solution for mid-market organizations has raised a sizeable round of funding toward a global expansion and bolstering of new payment capabilities. Vancouver-based Procurify this week secured USD $50 million, the company announced. The Series C round was led by Ten Coves Capital, with participation from Export Development Canada and existing investors including […]

Filed Under: News Tagged With: Export Development Canada, Procurify, Ten Coves Capital

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