AVESTEC (Robotics) — Funding, Investors & Signals 2026

AVESTEC

Intelligent Aerial Robotics

Founded 2016 Canada

Canada 12 employees Grant Total: $4.10M Robotics

Avestec is a Canadian company founded in 2016 with a focus on the robotics industry. The company's slogan, "Intelligent Robotic Solutions for industrial asset inspection," encapsulates their offerings perfectly. Avestec Technologies Inc. specializes in providing intelligent robotic solutions for remote non-destructive testing (NDT) for industrial asset owners and partner inspection service providers. Their flagship innovations include Skyron, a tethered, intelligent flying robot capable of performing visual inspections and ultrasonic thickness measurements in elevated and confined spaces. Additionally, they offer Avesoft™, a proprietary cloud-based reporting software utilizing artificial intelligence for data analysis and report generation. Avestec's solutions are applicable to diverse industries such as oil & gas, nuclear, petrochemical, wind power, marine, and construction. Their offerings provide a safe, quick, and cost-effective alternative to traditional inspection methods that often require scaffolding or rope access. This positions the company as a valuable partner in enhancing industrial asset inspection processes. In terms of investments, Avestec recently secured a significant $4.00M grant investment on 21 April 2023 from Canada's Ocean Supercluster. This injection of funding highlights the growing interest and support for Avestec's innovative robotic solutions, particularly in the industrial inspection sector. Avestec's continuous innovation and strategic partnerships make it a promising player in the robotics and industrial inspection landscapes.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	$4.00M	1	Canada's Ocean Supercluster	21 Apr 2023
Seed Round	$100.00K	1	WUTIF	30 Jun 2020
Seed Round	Undisclosed	1	UBC Seed Fund	01 Jan 2019
Pre Seed Round	Undisclosed	-		01 Jan 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

$4.00M

Canada's Ocean Supercluster

21 Apr 2023

Seed Round

$100.00K

WUTIF

30 Jun 2020

Seed Round

Undisclosed

UBC Seed Fund

01 Jan 2019

Pre Seed Round

Undisclosed

01 Jan 2018

FAQ About AVESTEC

Intelligent Aerial Robotics

AVESTEC was founded in 2016.

AVESTEC is headquartered in Canada.

AVESTEC operates in Robotics. Its work centres on Intelligent Robotic Solutions, Industrial Asset Inspection, Non-Destructive Testing and Remote Inspection.

AVESTEC has approximately 12 employees.

AVESTEC has completed 4 funding rounds, raising a total of $4.10M. The latest funding stage is Grant.

Top alternatives and competitors to AVESTEC include Voliro, Invert Robotics, Planys Technologies, Sky-Futures , Newton Robotics Inc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

AVESTEC and Voliro are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

AVESTEC

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