# LoopX Innovation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/loopx-innovation

- Industry: Software
- Headquarters: Sudbury, Canada
- Website: www.loopx.ai
- Total disclosed funding: $2.9M
- Latest round: Seed (Aug 4, 2026)
- Investors on record: 3

## About

Founded in 2022 and based in Sudbury, Ontario, Canada, LoopX Innovation Inc. operates as a mining technology company that provides safety, monitoring, and mapping systems for mining and heavy industrial operations. The company was founded by Chao Yu, Founder and CEO, with Lucas Cui, Co-founder and CTO, and James Zhang, Co-founder and Head of Product. In August 2026, LoopX Innovation Inc. raised CAD 4.05 in seed funding co-led by BDC Capital and Orion Resource Partners, with participation from Hatch Ltd.

## Funding rounds

- Seed, Aug 4, 2026, $2.9M — BDC Capital, Orion Resource Partners, Hatch Ltd

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Orion Resource Partners (https://capitalatlas.ai/funds/orion-resource-partners) — Seed
- Hatch Ltd — Seed