• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
Decoder.ca

Decoder.ca

Canadian Tech in 100 Words

 
  • About
  • News
  • Techtalent.ca
  • Dictionary
  • Contact

Caterpillar

Caterpillar Ventures into Robotics: Invests in Novarc Technologies

August 14, 2023 by Newsdesk

North Vancouver’s Novarc Technologies has secured a successful Series A funding round with Caterpillar Venture Capital, a subsidiary of construction equipment giant Caterpillar.

Novarc, a robotics company, specializes in designing robots and AI systems for welding applications. Their Spool Welding Robot (SWR) is a global first in pipe welding, offering automation to traditional industries.

With backing from Caterpillar, along with Graham Partners and Export Development Canada, Novarc advances its vision for an AI-powered robotics platform.

These funds propel Novarc’s innovative robotic solutions, reshaping manufacturing precision and efficiency.

Want to know more? Check out the source code on Techcouver.

Primary Sidebar

 

Stay in Touch

  • LinkedIn
  • RSS
  • Twitter

Copyright © 2025 Incubate Ventures | Techtalent.ca · Techcouver.com · Calgary.tech · Fintech.ca · CleanEnergy.ca | Privacy