Emerging and High Growth Companies

Xaba Inc. in its closing of a $2 million seed extension round

Xaba Inc.

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Expertise
Emerging and High Growth Companies Technology
Key Contact
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Hailey Chin

Associate, Emerging and High Growth Companies, Toronto

On January 9. 2024, Xaba Inc. announced it had closed a US$2 million seed extension round, led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and Hazelview Ventures. The investment amount will be used to establish and staff a new robotics lab and to accelerate the delivery of new Xaba manufacturing platforms.

Xaba Inc. is a Toronto-based company that develops AI automation solutions for sustainable manufacturing.

Osler, Hoskin & Harcourt LLP advised Xaba Inc. with a team consisting of Ryan Unruch, Jennifer Humphrey, and Hailey Chin (Emerging and High Growth Companies).

Value
US$2 million
Date Announced
Jan 9, 2024
Lead Office
Toronto
Key Contact
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Hailey Chin

Associate, Emerging and High Growth Companies, Toronto

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