Company
Novarc Technologies
Novarc Technologies is a Vancouver-based full-stack AI robotics company specializing in automated welding solutions.
- Founded
- 2014
- HQ
- Vancouver, Canada
- Status
- active
Appears inManufacturing robots
Funding
$65.0M
Models
2
Overview
Novarc Technologies is a Vancouver-based full-stack AI robotics company specializing in automated welding solutions. Its flagship Spool Welding Robot (SWR) is the world's first collaborative robot designed for pipe welding, and its NovAI platform brings machine vision and real-time adaptive welding to industrial fabrication. Novarc has deployed SWR systems at shipyards and pipe fabrication facilities across North America.
Verified record
- Verified deployments
- None on file
- Active incidents
- None on file
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Key facts
Focus
Full-stack maker of cobots and AI for welding
Robot
Offers an SWR-TIPTIG TIG-welding variant
Technology
SWR is the first of its kind for pipe/spool welding
Scale
Raises productivity 3-5x for carbon steel and up to 12x for stainless steel
CEO
Soroush Karimzadeh
Revenue
~9M (estimated, 2024)
Recognition
Financial Times Americas' Fastest Growing Companies 2022-2024
Data & sources
Web sources
1
1 source backing this record.View all →
Models (2)
View all models →Previous platform
Spool Welding Robot (SWR)
The Spool Welding Robot (SWR) is a collaborative welding robot designed for pipe and roll welding applications. It works alongside human operators to increase productivity and weld quality, with the ability to recover capital investment within 6-18 months.
Current platform
Spool Welding Robot (SWR)
Novarc's Spool Welding Robot (SWR) is the first cobot of its kind for pipe and spool welding; with AI-assisted seam tracking it raises welding productivity 3-5x for carbon steel and up to 12x for stainless, and an SWR-TIPTIG variant delivers high-quality TIG welds 2-3x faster than manual.
Novarc Technologies on the deployment map
Where Novarc Technologies's robots are verified operating. Explore the deployment map by place and type.
Relationships
Current leadership (1)
- Soroush Karimzadeh Co-Founder & CEOsecondary-verified
Founders (1)
- Soroush Karimzadehcofounder
Safety record
No incidents on record for Novarc Technologies.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Recent coverage
Novarc Technologies in third-party press
Peer companies
- DJI7 models
- Boston Dynamics5 models
- ATI Industrial Automation2 models
- August Robotics2 models
- DENSO Corporation2 models
- Embodied2 models
Financial state
- Reporting basis
- private_reported
- Lifecycle stage
- early
- Counterparty risk class
- moderate
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships (1)
- Novarc x Seaspan with Seaspandeployment
Funding rounds (2)
- Series B2025-03-11
$50M(reported)
Investors: Export Development Canada (EDC), Graham Partners, Seaspan, InBC Investment Corp.
- Series A2022-09-27
$15M(reported)
Investors: Graham Partners Growth
Sources (1)
Common questions
- What is Novarc Technologies?
- Novarc Technologies is a Vancouver-based full-stack AI robotics company specializing in automated welding solutions. Its flagship Spool Welding Robot (SWR) is the world's first collaborative robot designed for pipe welding, and its NovAI platform brings machine vision and real-time adaptive welding to industrial fabrication. Novarc has deployed SWR systems at shipyards and pipe fabrication facilities across North America.
- What does Novarc Technologies make?
- Novarc Technologies has 2 robot models on the DEPLOY registry: Spool Welding Robot (SWR), Spool Welding Robot (SWR) (Novarc Technologies builds both physical robots and the AI that runs them).
- Who competes with Novarc Technologies?
- On the DEPLOY registry, peer companies to Novarc Technologies building in the same form factors include DJI, Boston Dynamics, ATI Industrial Automation, August Robotics.
- Where is Novarc Technologies headquartered?
- Novarc Technologies is headquartered in Vancouver, Canada.
- How much funding has Novarc Technologies raised?
- Novarc Technologies has raised approximately $65M in disclosed funding on record in the DEPLOY registry.
- Where does Novarc Technologies operate robots?
- Novarc Technologies is a robot manufacturer and does not directly operate deployments on the DEPLOY registry. Its products are deployed by customer operators; see the company page for the verified deployment record.
- Is Novarc Technologies a top robotics company?
- On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Novarc Technologies ranks in roughly the top 19% of companies tracked by the registry.
- When was Novarc Technologies founded?
- Novarc Technologies was founded in 2014.
- Is Novarc Technologies safe?
- Novarc Technologies has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.
Methodology: Verified · 1 source (no primary) · last reviewed 2026-07-04
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-07-04
Sources by quality tier
- 1
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Novarc Technologies.Peer companies
- DJI7 models
- Boston Dynamics5 models
- ATI Industrial Automation2 models
- August Robotics2 models
- DENSO Corporation2 models
- Embodied2 models
In the press
Recent coverage mentioning Novarc Technologies from third-party publications. Automatically surfaced; not part of the verified registry record.
Novarc Raises 0 Million Series B to Expand Its AI-Powered Machine Vision NovAI for Automated Welding Solutions
Novarc raised 0M in Series B funding led by Export Development Canada to accelerate development of its NovAI machine vision platform for adaptive welding.
Novarc Listed Among FT's Fastest-Growing Companies 2024
Novarc Technologies was recognized by the Financial Times as one of the Americas' fastest-growing companies for innovation in welding automation.
Seaspan's Victoria Shipyard Installs Novarc's Spool Welding Robot
Seaspan's Victoria Shipyard installed Novarc's Spool Welding Robot to enhance welding productivity and precision in shipbuilding operations.
Novarc Secures Series A Funding from Graham Partners Growth
Novarc received Series A investment from Graham Partners Growth to expand its robot and AI product line and accelerate global expansion.
Machine-readable surfaces
- Markdown mirror: /companies/novarc-technologies.md
- RSS feed: /companies/novarc-technologies/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/860dfe3c-d051-4551-9712-fa7834d11753
- Revision history: /companies/novarc-technologies/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- DJI7 models
- Boston Dynamics5 models
- ATI Industrial Automation2 models
- August Robotics2 models
- DENSO Corporation2 models
- Embodied2 models
Video
Learn how Novarc Technologies is redefining welding productivity with cutting-edge robotic solutions Novarc Technologies is revolutionizing the welding industr
Watch us weld two joints, a 6 and 8 inch standard wall (sched. 40) carbon steel. We are completing these welds in record time with the Spool Welding Robot.
#welddotcom Check out the Novarc SWR Welding Co-Bot Head over to our Website and become a free member: http://www.weld.com You can join our groups and forums,
The Novarc Welding Robot is up and running in the ColonialWebb manufacturing facility! The robot gives us the capacity to produce over three times the amount of
It takes less that 2 minutes to set up the Spool Welding Robot. Simply move the arm to the pipe, select the Welding Procedure Data Sheet, review the Data Sheet,
Industry First: Zero Operator Intervention, X-Ray Quality Welds. Just set up the Spool Welding Robot (SWR), hit start, and move to set up another weld.
Novarc Technologies at FABTECH 2019 in Chicago. Music by: bensound.com
Subscribe to receive more investment opportunities and stock market news videos: https://share.hsforms.com/1SfI551UgTlOM_12GMs9vRAd2c0v Check out more videos:
Automate Welding Programs Directly from CAD NovPlan™, powered by Verbotics, automatically generates weld paths and robot programs directly from your CAD models
Reality vs attention
Novarc Technologies draws attention at the 75th percentile but verifies reality at the 42nd percentile among other robots. Hype Gap +33.3, 6th widest among other robots.
6-month trend
Analysis
Clean safety record across 2 verified deployments. Deployment footprint remains limited relative to category peers.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Jul 14, 2026