Manufacturing AUTOMATION

Xaba secures $2M in funding to open robotics lab, deliver manufacturing platforms

January 9, 2024
By Manufacturing AUTOMATION

Toronto-based Xaba has raised US$2 million in a seed extension round of funding that will help it establish and staff a new robotics lab. The funding will also be used to accelerate the delivery of its two manufacturing platforms – xCognition and xTrude.

“With the integration of AI-powered cognition and awareness, robots become easy to adopt and profitable for businesses across various tasks and sizes,” said Massimiliano Moruzzi, CEO of Xaba. “With this funding in place, we can now establish our Xaba manufacturing platforms as the go-to solutions for implementing new intelligent robotics, creating automated factories, and developing disruptive new processes and materials.”

Xaba shares in a press statement that it is augmenting industrial robots and cobots with xCognition, an artificial intelligence (AI)-powered software solution. xCognition reportedly leverages proprietary machine learning algorithms to model the elasto-mechanical-dynamic behaviour of industrial robotics and cobots, as well as workpiece variances. This includes variances in location and shape, using proprietary rule-based language models to eliminate coding of robotics programs.

Xaba has recently partnered with Lockheed Martin and Rolleri Robotic to demonstrate 10 times performance improvements in absolute positioning and five times improvements in relative positioning and trajectory accuracy for cobots using its manufacturing platforms.

The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures.

Print this page


Story continue below