Novarc Technologies Inc.
PrivateLast Round
Series B
Mar 11, 2025
Total Funding Raised
$53.03M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Novarc Technologies Inc. is a robotics company that specializes in the design and manufacturing of collaborative robots and AI-driven machine vision solutions for autonomous welding.
Sector
Frontier & Industrial Tech
Verticals
Industrial Robotics, Smart Manufacturing, Computer Vision
Business Model
B2B
Customer Profile
Hardware Sales, Hardware + Subscription, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Novarc Technologies Inc. Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Novarc Technologies Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Mar 11, 2025 | ||||
| Series A | Jul 1, 2023 | ||||
| Debt | Feb 25, 2021 | ||||
| Seed | Feb 1, 2018 | ||||
| Pre Seed | Mar 31, 2017 |
Key People
Founding team and executive leadership
Novarc Technologies Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| InBC Investment Corp. | Series B |
| Pacific Economic Development Canada | Series A |
| Caterpillar Venture Capital | Series A |
| BDC Capital | Pre Seed, Debt |
| Graham Partners | Series B, Series A |
| Graham Capital Management, L.P. | Series B |
| Export Development Canada | Series A, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 1, 2026
Introduced the world's first Spool Welding Robot for pipe welding.
- Mar 1, 2026
Expanded operations across four continents.
Novarc Technologies Inc. Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Novarc Technologies Inc.'s valuation, stock price, and market status.