Recent Funding
Companies
Novarc Technologies

Novarc Technologies

Novarc is a robotics company specializing in the design and commercialization of collaborative robots for industrial applications.

Robotics and hardware Manufacturing and industrial

Latest funding

$50M Series B+ · March 12, 2025

Led by Export Development Canada · Source: fundraisingfox.com

Total raised: $71M across 3 sourced rounds

All 4 rounds ↓

Website: novarctech.com.

X: @novarctech · 366 followers.

LinkedIn: linkedin.com.

Categories: Robotics and hardware Manufacturing and industrial.

Sectors: Industrial Engineering, Manufacturing, Mechanical Engineering, Robotics.

Stage: Series B+.

Based in: Burnaby, Canada.

Founded: 2013.

Total raised: $71M in 3 sourced rounds.

Last round: Mar 12, 2025 · 610 days ago.

Headcount: 101–250 employees.

On Recent Funding since: Nov 8, 2026.

Signals

X account@novarctech · created Jun 16, 2016 (10 years old) · 366 followers

Website registeredMar 29, 2013 (13 years old)

TIMELINE · MONEY RAISED

Novarc Technologies | 288 days from X account to first raise on record

@novarctech·Raised $71M in 3 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

March 12, 2025
Series B+ · $50M
EExport Development Canada (lead), GGraham Partners, IInBC Investment, SSeaspan
Source: fundraisingfox.com
August 17, 2023
Series A · $20M
CCaterpillar Venture Capital (lead), GGraham Partners (lead), EExport Development Canada
Source: fundraisingfox.com
September 27, 2022
Series A · amount undisclosed
GGraham Partners (lead)
Source: globenewswire.com
March 31, 2017
Seed · $1M
SSeaspan (lead), BBDC Venture Capital
Source: finance.yahoo.com
June 16, 2016
X account created
March 29, 2013
Website created

Founders and team

HA
Hamid Abdollahi Founder

LinkedIn
SK
Soroush Karimzadeh Founder

LinkedIn
DM
Donato Montanari Chief Technology Officer

Investors

Companies like Novarc Technologies

CCollaborative Robotics$100M Series B+ · Apr 2024
TTARSSeed · Apr 2026
NNEURA RoboticsSeries B+ · Jun 2026
Eevasive robotics$2.35M Pre Seed · Oct 2026
MMaven Robotics$100M Series A · Sep 2026
AAvatar Robotics$6.5M Seed · Aug 2026

Other companies backed by Export Development Canada

BBrickeye$10M Series B+ · Jan 2026
PPhotonic$130M · Jan 2026
AAmilia$35M Series B+ · May 2025
NNanoprecise$38M Series B+ · Mar 2025
PProcurify$50M Series B+ · Oct 2023
MMiovision$260M Series B+ · Apr 2023

Export Development Canada portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/novarc-technologies (get a free API key).