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Hardware

Novarc Technologies: Funding, Investors & Team (Sep 2026)

Novarc Technologies, a robotics company located in Vancouver, focuses on designing and bringing collaborative industrial robots to the market. Being a pioneer of collaborative robotics in Canada, Novarc has a highly skilled team of engineers and scientists who are enthusiastic about solving complex automation challenges in the industrial sector. Their Spool Welding Robot (SWR) is a revolutionary pipe welding robot that is the first of its kind.

www.novarctech.com LinkedIn North Vancouver, Canada 11-50 employees
Industrial Engineering Manufacturing Mechanical Engineering Robotics B2B
Total raised
$200k
Rounds
2
Latest
Series A
Aug 2023

Novarc Technologies has raised $200k across 2 funding rounds on record, the most recent a Series A announced in Aug 2023.

Novarc Technologies Company Profile and Key Stats

Total funding raised
$200k
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Series A
Aug 2023
Employees
11-50
reported band
Headquarters
North Vancouver, Canada

Latest funding round on record: Aug 2023.

Novarc Technologies Funding Rounds

Date
Round
Amount
Series A
Undisclosed
Undisclosed round
$200k

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Novarc Technologies raised $200k in an undisclosed round announced in Jan 2023.

7 months later, a Series A was announced in Aug 2023 with no disclosed amount.

Novarc Technologies Founders and Leadership Team

Name
Role
Contact
Hamid Abdollahi
Founder
Locked
Soroush Karimzadeh
CEO
Locked

Contact details for the Novarc Technologies team: 2 of 2 have an email address on file.

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Novarc Technologies Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
3,086
$2.2M
8,378
$15M

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Novarc Technologies Funding FAQs

What does Novarc Technologies do?

Novarc Technologies, a robotics company located in Vancouver, focuses on designing and bringing collaborative industrial robots to the market. Being a pioneer of collaborative robotics in Canada, Novarc has a highly skilled team of engineers and scientists who are enthusiastic about solving complex automation challenges in the industrial sector. Their Spool Welding Robot (SWR) is a revolutionary pipe welding robot that is the first of its kind.

How much funding has Novarc Technologies raised?

Novarc Technologies has raised $200k across 2 rounds on record.

When did Novarc Technologies last raise funding?

Novarc Technologies' most recent funding round on record was announced in Aug 2023. The amount was not disclosed.

Who founded Novarc Technologies?

FundedIQ lists Hamid Abdollahi (Founder) at Novarc Technologies.

Who is the CEO of Novarc Technologies?

Soroush Karimzadeh is listed as CEO at Novarc Technologies.

Where is Novarc Technologies headquartered?

Novarc Technologies is based in North Vancouver, British Columbia, Canada.

How many employees does Novarc Technologies have?

Novarc Technologies is in the 11-50 employee band.

About FundedIQ's Novarc Technologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Novarc Technologies is left off this page rather than filled in.

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