We have invested in Xaba Inc., a Toronto-based company leveraging AI to enhance robotics for improved efficiency and sustainability in manufacturing.

Information on the Target

We are pleased to announce our recent investment in Xaba Inc., a pioneering company that enhances the capabilities of robotics through artificial intelligence (AI). Xaba’s innovative approach aims to improve the overall performance of manufacturing processes while significantly reducing costs and enhancing adaptability. Based in Toronto, Xaba is dedicated to creating intelligent manufacturing solutions that leverage AI to streamline operations.

At the forefront of AI-driven manufacturing, Xaba integrates cognitive robotics to address the growing demand for efficiency and productivity in industrial settings. Their proprietary software, xCognition, empowers industrial robots and collaborative robots (cobots) to autonomously generate programs and adapt to varying environments, positioning them to transform conventional manufacturing methods.

Industry Overview in Canada

The Canadian manufacturing industry is undergoing a significant transformation driven by advancements in technology, particularly in robotics and automation. With over 4 million industrial robots currently in operation globally, Cana