Tech Company Financing Transactions
Novarc Technologies Funding Round
Novarc Technologies closed a Series A investment round on 8/14/2023. Backers included Caterpillar Venture Capital, Export Development Canada and Graham Holdings.
Transaction Overview
Company Name
Announced On
8/14/2023
Transaction Type
Amount
Unknown
Round
Series A
Proceeds Purpose
The company intends to use the funds to accelerate the development of its AI-powered robotics platform, and expand its global reach.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
207- 267 West Esplanade
North Vancouver, British Columbia, V7M 1A5
CA
North Vancouver, British Columbia, V7M 1A5
CA
Phone
Website
Email Address
Overview
Novarc Technologies is a Vancouver-based robotics company specializing in the design and commercialization of collaborative robots for industrial applications. Novarc's Spool Welding Robot (SWR) is the world's first of its kind in pipe welding application. As a proven pioneer in the field, Novarc has a dedicated team of engineers and scientists eager to solve challenging industrial automation problems that improve customers'? bottom line.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Soroush Karimzadeh
Chief Financial Officer
Haley Grewal
Chief Technical Officer
Reza Abdollahi
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We document tech company VC transactions. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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