NORCAT
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $1.0m | Seed | |
CAD1.3m | Late VC | ||
Total Funding | €1.8m |
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EditNORCAT is a leading technology and training company specializing in the mining industry. The company provides innovative training programs and technology solutions that are crucial for the evolving needs of the mining sector. NORCAT serves a diverse range of clients, including mining companies, technology providers, and educational institutions. Operating primarily in the mining market, NORCAT's business model revolves around offering specialized training courses, such as Underground Common Core, First Aid, and Psychological First Aid, as well as showcasing cutting-edge mining technologies through live demonstrations. The company generates revenue through course fees, technology demonstrations, and collaborative innovation challenges like the Mining Technology Innovation Challenge powered by Rogers 5G. NORCAT's unique value proposition lies in its ability to prove the efficacy of its products in real-world underground environments, providing clients with hands-on experience and confidence in the technology.
Keywords: mining, training, technology, underground, innovation, 5G, live demonstrations, safety courses, mining technology, education.