# Xaba

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xaba

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.xaba.ai
- Total disclosed funding: $8M
- Latest round: Seed (Apr 14, 2025)
- Investors on record: 6

## About

Founded in 2022 and based in Ontario, Canada, Xaba Inc., operates as a technology company that offers automation solutions for manufacturing systems. In February 2023, Xaba Inc., raised seed funding, led by investor Hazelview Ventures, with participation from another investor, Whiteshell Group Inc. As of 2023, the company is led by its CEO, Massimiliano Moruzzi, and has a client base that includes companies like Boeing, Lockheed Martin, Airbus, and Lamborghini.

Xaba offers various new processes, control systems, and materials that automate and enable sustainable manufacturing. The company uses artificial intelligence for robotics and additive manufacturing through products like xCognition and xTrude. The company allows various industrial manufacturing solutions through the automation of robotic systems, streamlining drilling operations

The company plans to use the February 2023 funding for business expansion and development.

## Funding rounds

- Seed, Apr 14, 2025, $6M — BDC Capital, Impact Venture Capital, Hitachi Ventures, Hazelview Ventures, Exposition Ventures
- Seed, Jan 9, 2024, $2M — BDC Capital, Hitachi Ventures, Hazelview Ventures
- Seed, Feb 16, 2023 — Hazelview Ventures, Whiteshell Group Inc.

## Investors

- Hazelview Ventures (https://capitalatlas.ai/funds/hazelview-ventures) — Seed
- Whiteshell Group Inc. — Seed
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Hitachi Ventures (https://capitalatlas.ai/funds/hitachi-ventures) — Seed
- Impact Venture Capital (https://capitalatlas.ai/funds/impact-venture-capital) — Seed
- Exposition Ventures (https://capitalatlas.ai/funds/exposition-ventures) — Seed