Novarc Funding

Funding

• 2025-03-19 - Strategic investment - $5M - Seaspan invests USD 5M in Novarc welding robotics - Seaspan Shipyards invested USD 5 million in Novarc as part of the company industrial welding-automation push. - source: canadiandefencereview.com
• 2025-03-11 - Series B - $50M - Novarc raises USD 50M Series B for AI-powered welding automation - Novarc raised a USD 50 million Series B round led by Export Development Canada. - source: novarctech.com