Novarc Technologies

Burnaby, Canada · Founded 2013 · Privately Held (backing)

Developer of collaborative welding robots designed to solve automation problems. Novarc Technologies is based in Burnaby, Canada and was founded in 2013. Its last reported valuation was $56.4 million in Jul 2023. It has raised $97.7 million.

Last reported valuation
$56.4M
Oct 2026
Priced at
—
Total raised
$97.7M
Last round
—

Novarc Technologies key facts

as of Oct 2026
  • Developer of collaborative welding robots designed to solve automation problems.
  • Novarc Technologies is valued at approximately $56.4M as of Oct 2026 (last reported valuation).
  • It has raised $97.7M; the latest was PE Growth/Expansion ($71.6M) in Mar 2025.
  • Notable investors include BDC Capital, Government of Canada, Export Development Canada, InBC Investment, Graham Partners — 9 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$56.4M

Novarc Technologies's last reported valuation, Jul 2023. Nothing priced has surfaced since.

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Novarc Technologies funding rounds

No rounds on record

No funding rounds for Novarc Technologies are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Novarc Technologies valuation

Novarc Technologies's last reported valuation was $56.4 million in Jul 2023. No priced round, secondary trade or fund mark has surfaced since.

Novarc Technologies investors

9 investors are on record for Novarc Technologies, including BDC Capital, Government of Canada, Export Development Canada and InBC Investment.

About Novarc Technologies

Developer of collaborative welding robots designed to solve automation problems. The company offers commercialization of cobots and AI (artificial intelligence) systems for robotic welding applications, enabling quick resolution of challenging industrial automation problems.

Sector
Information Technology
HQ
Burnaby, Canada
Founded
2013
Employees
141
Ownership
Privately Held (backing)

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