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 […]
Seaspan
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 […]