Top 10 Best Robotics Companies in Canada in 2024
The number of start-ups that are making significant contributions to automation, manufacturing and a whole lot of other industrial applications has made Canada a major player in the field of industrial robotics. In this article, we dig deep into the top ten Canadian startups in industrial robotics for 2024 detailing their unique products, key facts, and contributions to the robotics industry.
1. Novarc Technologies
Location: North Vancouver, Canada
Founded Year: 2013
Stage: Series A
Funding: $3.07M
Investors: BDC, MaRS Discovery District and 10 Others
Tracxn Score: 50/100
Competitors Rank: 20 of 698 Competitors
Novarc Technologies is known for its high-mix low-volume production process collaborative welding robot system. It has a reach of up to 15ft, welding spools at lengths as long as 30ft. This robot arm with a three-axis servo-drive operates collaboratively without any need for light curtains or fencing. This system features laser camera and closed loop control systems that maintain precise torch-to-pipe distance.
2. Kinova
Location: Boisbriand, Canada.
Founded Year: 2006
Stage: Series B.
Funding: $57M.
Investors: BDC, Export Development Canada and Eight Others.
Tracxn Score: 48/100 .
Competitors Rank: 52 Of1243 Competitors .
Kinova specializes in robotic arms for personal assistance and research purposes.Their leading product is an assistive six-axis robotic manipulator arm with two or three finger hand-arm which helps patients with spinal cord injuries,SMA,muscular dystrophy ALS and stroke.This innovative arm allows users to perform multiple functions thereby enhancing their independence and quality of life.
3.Omnirobotic
Location: Montreal ,Canada
Founded Year: 2016
Stage: Seed
Funding: $6.5M
Investors: Fonds de solidarité FTQ, Export Development Canada and 7 Others.
Tracxn Score: 47/100
Competitors Rank: 1 of 37 Competitors.
Omnirobotic is a provider of customized autonomous industrial robots for high-mix low-volume applications such as painting, sandblasting and coating. Every part that enters the paint booth is scanned in real time by their autonomous spray robots thus ensuring precision and consistency in painting and other spray applications. This capability significantly reduces the need for manual intervention resulting in higher operational efficiency.
4.Forcen
Location: Toronto ,Canada
Founded Year: 2015
Stage: Series A
Funding: $6.59M
Investors: BDC,MaRS Investment Accelerator Fund and 13 Others.
Tracxn Score: 46/100 .
Competitors Rank: 3 Of 65 Competitors .
Forcen provides a wide range of force sensing and haptic force control & simulation solutions for various robotic applications. Their technology involves an array of sensors that are integrated with an electronics module to calibrate, measure, and convert the sensing array signals into noise-free force measurements. It is ideal for manufacturing, surgical robots, industrial robots and defense applications with improved precision and control.
5.Robotiq
Location: Levis ,Canada.
Founded Year: 2008.
Stage: Series A.
Funding: $23.2M.
Investors: Battery Ventures And One Other.
Tracxn Score: 46/100 .
Competitors Rank: 36 Of694 Competitors .
Robotiq designs tools as well as attachments to industrial robots including agile automation solutions, flexible robotic grippers,and industrial robot teaching devices.Their products like the2 Finger 85and3 Finger grippers are compatible with most industrial robot brands from manufacturers such as Universal Robots, ABB, Yaskawa and Fanuc. They also offer FT 150 a 6-axis force torque sensor and Kinetiq Teaching to simplify the programming of welding robots.
6. Tecsys
Location: Montreal, Canada
Founded Year: 1983
Stage: Public
Tracxn Score: 43/100
Competitors Rank: 161 of 1,901 Competitors
Tecsys offers logistics and supply chain management software through the cloud. The platform contains key features like supply chain visibility, warehouse management, transportation management, distribution management, demand planning and SCM finance. Tecsys assists companies in streamlining their supply chain operations through advanced software solutions that improve efficiency and responsiveness.
7. Speedbot
Place: Toronto, Canada.
Inception Year: 2018.
Phase: B series
Funds Raised: $74.6M.
Investors: Matrix, MSA and the seven others.
Tracxn score: 36/100.
Competitor Rank: 7 out of 82
Thus Speedbot concentrates on inspection and measurement robots as well as 3D vision in different sectors. Their platform has technology solutions like an algorithm trading platform or precise inspection systems. By combining robotics and 3D vision, Speedbot can offer advanced inspection and measurement capabilities that enhance quality control and improve operational efficiency.
8. Mecademic
Location: Montreal, Canada.
Founded Year: 2013 .
Stage: Funding Raised
Investors: Centech & One Other
Tracxn Score: 32/100
Competitors Rank: 88 of 701 Competitors
Mecademic has been able to produce small industrial robotic arms such as the Meca500, which have six axes controlled by an Ethernet cable connection to their base. On the other hand, it also designed miniature electric parallel grippers such as the MEGP 25. These are versatile robots for educational purposes, manufacturing and laboratory applications in need of precise automation solutions capable of programming themselves.
9. LUCID Vision Labs
Location: Richmond, Canada .
Founded Year: 2017 .
Stage: Funding Raised
Investors: Pacific Economic Development Canada & One Other
Tracxn Score: 29/100
Competitors Rank: 2 out of four competitors
LUCID Vision Labs builds cameras and components for vision systems .Their various vision cameras possess features like event-based imaging or HDR adapting . At the same time , they sell camera accessories including lenses , lens adapters , tripods , cables and power supplies Additionally LUCID camera products upgrade industrial vision systems used in multiple industrial applications.
10. RoboDK
Location: Ottawa, Canada .
Founded Year: 2015 .
Stage: Unfunded
Tracxn Score: 26/100
Competitors Rank: 16 out of 89 Competitors
RoboDK is a software that simulates industrial robots controlled by Python programming. The brand-independent software checks joint limits and collisions and avoids singular points during robot programming. This has facilitated the programing and operation of industry robots hence helping in automation engineering.
Conclusion
Canada’s industrial robotics start-ups are leading the way with cutting-edge solutions for various applications. These companies are changing how industries work, from collaborative welding robots to advanced force sensing technologies. Through heavy investments, strong research and attention to modern manufacturing requirements and industrial processes, these start-ups have potentiality to make huge impact on global trend of robotics industry in future.
