English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 23 April 2025, 21:00 HKT/SGT
Share:
    

Source: Axibo Inc
Waterloo Startup Axibo AI Secures $12M to Pioneer 'Made in Canada' Humanoids
Made-in-Canada Robotics, Engineered in Waterloo, Designed for the World

WATERLOO, ONTARIO, Apr 23, 2025 - (ACN Newswire) - Axibo Inc., a Waterloo-based robotics innovator celebrated for its groundbreaking 4D volumetric capture technologies and serving customers like Netflix and Apple, today announced a $12 million funding round. This investment includes $11 million from prominent external investors and an additional $1 million from Axibo's founders Anoop Gadhrri, Sohaib Al-Emara, and Reiner Schmidt, whose passion for robotics began back in 2019 with their university's first autonomous vehicle. The funding launches Axibo's ambitious new division dedicated to advanced humanoid robotics.

Axibo FoundersAxibo Founders

With a track record of thousands of cinema robots delivered internationally, Axibo will now be leveraging Waterloo's exceptional AI, robotics, and precision engineering talent to spearhead advancements in humanoid robotics.

"We see humanoid robots as the next major milestone in productivity since the Industrial Revolution," said Anoop Gadhrri, co-founder and CEO of Axibo. "Canada is exceptionally well-positioned with its talent and resources. Our commitment is to drive this forward, placing Canada prominently on the global robotics stage."

Axibo is actively seeking visionary engineers passionate about developing unprecedented technologies and shaping the global future of humanoid robotics. Early team members will not only create groundbreaking prototypes but directly contribute to substantial societal advancements through robots engineered for safe and intelligent integration into healthcare, logistics, industrial automation, and personal assistance. By fostering an innovation-driven culture emphasizing rapid prototyping and autonomy, Axibo empowers its engineers to experiment freely and iterate swiftly.

"We envision a future where every household benefits from humanoid robotics," Gadhrri emphasized. "Axibo's technology aims to significantly elevate productivity and everyday life across Canada and beyond."

The company's immediate milestones include accelerating proprietary manufacturing processes, expanding its engineering and AI teams, and advancing capabilities in robot autonomy and dexterity. The new division's first robot prototype, temporarily code-named "T.E.B.", will debut in early 2026, demonstrating advanced agility and intelligence.

If you're ready to build what's next in robotics, Axibo invites you to join the pioneering team positioning Canada at the global forefront of robotics innovation.

To learn more or apply, visit axibo.ai.

Contact Information
Anoop Gadhrri
CEO
anoop@axibo.com
6476675999

.SOURCE: Axibo Inc.

Related Images

Waterloo Startup Axibo AI Secures $12M to Pioneer 'Made in Canada' Humanoids



Topic: Press release summary
Source: Axibo Inc


https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
FWD Group reports exceptionally strong first quarter new business update  
May 2, 2025 14:59 HKT/SGT
Toyota Mobility Foundation, Bangkok Metropolitan Administration, UN-Habitat, Asian Institute of Technology and Toyota Motor Thailand Sign a Letter of Intent (LOI) to Launch the TRUST Project for Road Safety in Thailand  
Thursday, May 1, 2025 4:48:00 PM
Sensiba Acquires AssuranceLab to Fuel Innovation in Global Cybersecurity and Risk Assurance  
May 1, 2025 09:00 HKT/SGT
Katalon Officially Launches TrueTest(TM) - The First AI-Native Testing System That Thinks Like a Tester and Learns from Users  
Wednesday, April 30, 2025 4:20:00 PM
Melbourne's Deputy Lord Mayor shares city's path forward at PropertyGuru Asia Property Awards (Australia) launch  
Apr 30, 2025 15:00 HKT/SGT
Eisai Representative Corporate Officer and CEO Haruo Naito Awarded the Order of the Rising Sun, Gold and Silver Star  
Wednesday, April 30, 2025 1:17:00 PM
FWD Group extends partnership with JA Worldwide for its award-winning financial literacy programme  
Apr 30, 2025 12:42 HKT/SGT
Ministry of Hajj and Umrah Emphasizes: 'No Hajj Without a Permit'  
Apr 30, 2025 09:30 HKT/SGT
Global Sports Brand U.S. Polo Assn. Delivers Record $2.5 Billion in Retail Sales for 2024, Targets $3 Billion and 1,500 U.S. Polo Assn. Stores  
Apr 29, 2025 19:00 HKT/SGT
Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of Large Car Ferry KEYAKI in Shimonoseki  
Tuesday, April 29, 2025 4:24:00 PM
More Press release >>
 Events:
More events >>
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575