On April 14, Xaba announced it raised $8 million in a Seed extension financing led by Hitachi Ventures and with participation from Hazelview Ventures, the Crown corporation BDC Capital, Exposition Ventures and Impact Venture Capital. Xaba plans to use the financing towards improving the capabilities of industrial manufacturing robots with its custom reinforcement learning programming system.
Xaba is a Toronto-based company that develops AI automation solutions for sustainable manufacturing.
Osler, Hoskin & Harcourt LLP advised Xaba with a team consisting of Ryan Unruch, Jennifer Humphrey and Hailey Chin (Emerging and High Growth Companies).
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Partner, Emerging and High Growth Companies, Toronto
Team
Associate, Emerging and High Growth Companies, Toronto
Associate, Emerging and High Growth Companies, Toronto
