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Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots

Vancouver-based Novarc Technologies, which specializes in automated welding equipment using artificial intelligence (AI), announced it has raised $20M USD in all-equity funding.

Saudi arabiaUnited statesBritish columbiaUnited kingdomReza abdollahiSoroush karimzadehDennis dunneganDevelopment canadaVancouver based novarc technologiesVenture capitalExport development canadaGraham partnersNovarc technologiesNorth americaAutopro automation consultantsAndritz automation

Novarc Technologies Closes Series A Funding Round

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

British columbiaSoroush karimzadehDevelopment canadaNovarc technologiesCaterpillar venture capitalGraham partnersExport development canadaIts spool welding robotBusiness wire

Tech Update: Steelmaker investments and ransomware attacks

By using biocoal, the steel industry could reduce its carbon footprint.

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PacifiCan invests nearly $23 million in BC cleantech

Through its Pacific Economic Development Agency of Canada (PacifiCan), the federal government has made a number of investments in June.

United kingdomSouth islandUnited statesSaudi arabiaBritish columbiaVancouver islandHarjits sajjanPacific economic development agency of canada pacificanIsland prosperity partnershipInternational developmentIndigenous prosperity centrePeloton technologies incCentre for ocean applied sustainable technologiesPacific economic development agencyNovarc technologiesBusiness scale up

Novarc Technologies Inc receives more than $2M for welding robot development

Novarc's solution automates the manufacturing process of welding - allowing welders of all skill levels to work collaboratively with the robot.

United statesUnited kingdomSaudi arabiaNorth vancouverBritish columbiaHarjits sajjanJonathan wilkinsonGroup pacific economic development canadaInternational developmentPacific economic development agency of canada pacificanNovarc technologies incMember of parliamentInnovative north vancouverPacific economic development canadaNovarc technologiesSpool welding robot

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