Novarc Technologies this week announced a $5 million investment from Seaspan Shipyards. The $5M investment from ship engineering veteran Seaspan is part of a recent $50M Series B round raised by Novarc, a North Vancouver company pioneering welding automation through a full stack of AI and robotics technologies. The Series B was led by Export […]
Novarc Technologies
Novarc Technologies Secures $50M to Advance AI Welding Automation
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 […]
Novarc, Miller Electric Partner to Advance AI-Powered Welding
North Vancouver-based Novarc Technologies has entered a strategic partnership with Miller Electric Mfg. LLC to revolutionize welding automation through artificial intelligence (AI). The collaboration aims to introduce next-generation AI-powered welding solutions designed to enhance productivity, address labor shortages, and improve precision in industries such as shipbuilding, heavy equipment manufacturing, and construction. As part of Miller’s […]
Revealed: A Ranking of the Fastest Growing Technology Companies in B.C.
Powered a steadily expanding tech ecosystem, the region of Vancouver lacked an explosive company over the past three years, with the city failing to appear in a top 50 list of Canada’s fastest-growing companies. The annual Report on Business ranking, which Calgary’s Neo Financial topped, crowned multiple firms from Calgary, as well from Toronto and […]
Novarc Delivers X-Ray Quality Welds with Zero Operator Intervention
North Vancouver’s Novarc Technologies has launched NovEye Autonomy (Gen2), a real-time vision processing system that delivers x-ray quality welds with zero operator intervention. NovEye Autonomy gets smarter as it continuously improves through a terabyte-scale library of welding videos, ensuring unmatched precision and reliability. Novarc is a full-stack robotics company specializing in the design and manufacturing […]
BC Tech Unveils Finalists For 2024 Technology Impact Awards
The BC Tech Association has announced the finalists for the 2024 Technology Impact Awards. 38 finalists across 9 Technology Impact Award (TIAs) categories who achieved exceptional success in the past year. “The Technology Impact Awards recognize the very best companies in BC and the accomplishments of the leaders and teams in the BC economy’s fastest growing […]
Novarc Maintains Momentum with Rising Demand for Spool Welding Robot
Last year, Innovate BC and the National Research Council of Canada Industrial Research Assistance Program provided a combined total of $2 million in research and development funding to help 14 companies pilot their technologies and create new jobs across B.C. The program helps small and medium sized businesses design, build, and operate a pilot plant or […]
Novarc Technologies Secures Series A Funding Led by Caterpillar
North Vancouver’s Novarc Technologies has successfully completed a Series A fundraising round with Caterpillar Venture Capital, a wholly-owned subsidiary of construction equipment giant Caterpillar. Novarc is a full-stack robotics company specializing in the design and commercialization of robots and AI systems for robotic welding applications. Novarc is developing a unique automation solution to help solve the […]
North Vancouver’s Novarc Technologies Receives $2 Million To Market Welding Robots Worldwide
Across B.C., innovative companies are creating technologies to solve the challenges facing manufacturers across the globe. In North Vancouver, Novarc Technologies is developing a unique automation solution to help solve the global manufacturing bottleneck. Novarc’s Spool Welding Robot (SWR) is the world’s first of its kind in pipe welding machines and applications giving traditional industries a […]
Moment Energy and Svante Among Finalists for 2023 BC Cleantech Awards
The finalists for the 2023 BC Cleantech Awards have been announced. Chosen from over 200 nominations, these individuals and organizations reflect the best of BC cleantech. The BC Cleantech Awards ceremony will be a virtual event this year with finalists and program partners gathering online on March 30th. Among the companies nominated in for the […]