Published on: April 24, 2025 / update from: April 24, 2025 - Author: Konrad Wolfenstein
Startup Axibo Ai receives $ 12 million for the development of humanoid robots in Canada - Image: Xpert.digital
Canada's first humanoid robot: Axibo secures $ 12 million
Made in Canada: Axibo builds the future of humanoids
The robotics company Axibo based in Waterloo has completed a significant round of financing of $ 12 million in order to promote the development of the first “Made in Canada” humanoid robots. This investment marks an important milestone for the Canadian technology landscape and could position the country as an important player on the global robotic market.
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Background and financing details
Axibo Inc., an innovative robotics company based in Waterloo, announced on April 23, 2025 the successful conclusion of a funding round of $ 12 million. The investment is made up of $ 11 million of external investors and an additional million dollar from the founders of the company. The three founders-Anoop Gadhrri (CEO), Sohaib al-Emara and Reiner Schmidt-began their journey into the world of robotics in 2019 with the development of the first autonomous vehicle of their university.
This financial injection is the starting signal for an ambitious new branch of Axibo, which is dedicated to the advanced humanoid robotics. So far, the company has made a name for itself as a developer of groundbreaking volumetric 4D recording technologies and was able to win well-known customers such as Netflix and Apple.
Previous successes and skills
Axibo can already look back on an impressive track record. The company has delivered thousands of camera robots worldwide and is increasingly establishing itself as a leading player in the field of precision technology. With the new financing, Axibo wants to bundle the outstanding competencies of the Waterloo location in the areas of AI, robotics and fine mechanics in order to position itself as a pioneer in the field of humanoid robotics.
Vision and goals for humanoid robotics
Anoop Gadhrri, co-founder and CEO of Axibo, sees Humanoid robots as the next large productivity milestone since the industrial revolution. This innovative orientation underlines the transformative approach of the company, which aims to significantly increase productivity with its technology and to optimize everyday life not only in Canada, but worldwide.
Future areas of application
The robots developed by Axibo are to be designed for safe and intelligent use in different areas:
- Healthcare
- logistics
- Industrial automation
- Personal assistance
Our vision is a future in which every household can use the advantages of humanoid robotics, emphasizes Gadhrri and thus pursues the ambitious approach to make robot technology accessible for broad sections of the population and to initiate a new era of human-machine interaction.
Meaning for the Canada location
A central concern of Axibo is to establish Canada as a leading nation in the area of robotics. "Canada is extremely well positioned with its talents and resources. Our goal is to give further impulses here and to prominently placed Canada on the international robotics stage," explains Gadhrri.
This initiative could not only enrich the technological landscape of Canada, but also contribute to the creation of highly qualified jobs and strengthen the country's innovative strength. Axibo uses the existing expertise in Waterloo and builds on the solid foundation of Canadian research and development.
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Corporate culture and talent search
Axibo promotes an innovation -oriented culture that relies on fast prototype development and autonomy. This corporate philosophy enables engineers to experiment freely and to work agile through iterative processes. The company is actively looking for visionary engineers who are enthusiastic about the development of new technologies and who want to help shape the global future of humanoid robotics.
The first team members will not only develop groundbreaking prototypes, but also contribute directly to social progress - a rare opportunity to be at the forefront of transformative technology.
Concrete milestones and future plans
Axibo's immediate goals include:
1. Acceleration of the company's own manufacturing processes
2. Extension of the engineering and AI teams
3. Further development of the skills in the field of robot autonomy and skill
The first robot prototype of the new business area bears the provisional code name “TEB” and is to be presented to the public in early 2026. This prototype will demonstrate advanced agility and intelligence and offer a first insight into the future vision of Axibo.
Waterloo startup Axibo: The next milestone in humanoid robotics
The $ 12 million investment in Axibo marks a significant step for the Canadian robotics landscape. With the focus on humanoid robots, the company is positioning itself at the head of revolutionary technology development that has the potential to fundamentally change different branches of industry and the everyday life of people.
Through the combination of Canadian engineering talent, innovative corporate culture and a clear vision for the future, Axibo is aiming not only to achieve economic success, but also to make a significant contribution to global technological development. The next few years will show to what extent the Waterloo startup can realize its ambitious goals and can establish Canada as a leading nation in the field of humanoid robotics.
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