Sustainable manufacturing platform Xaba raises seed funding

Hazelview Ventures led the round, with participation from Whiteshell Group.

  • Xaba’s IP uses artificial intelligence to control industrial robots and enable additive manufacturing machines to synthesize new materials or create true digital twins
  • The round’s proceeds will be used to accelerate the development of Xaba manufacturing platforms, launch pilot programs, and grow the team across sales, deployment and customer support
  • Hazelview Ventures is the venture capital arm of Canadian real estate owner and developer Hazelview Investments

Toronto-based Xaba, a developer of processes, control systems and materials that automate and enable sustainable manufacturing, has closed a seed financing. No financial terms were disclosed.

Hazelview Ventures led the round, with participation from Whiteshell Group.

Xaba’s intellectual property uses artificial intelligence to control industrial robots and enable additive manufacturing machines to synthesize new materials or create true digital twins. Such applications have the potential to disrupt current business models, determine new manufacturing processes, and create new materials, the company said.

The round’s proceeds will be used to accelerate the development of Xaba manufacturing platforms, launch pilot programs, and grow the team across sales, deployment and customer support. Xaba has two manufacturing platforms: xCognition and xTrude.

“Xaba’s novel automation, manufacturing, and advanced materials technology is very compelling, such that we believe they can have a great impact on the construction industry,” said Roger Poirier, co-founder of Hazelview Ventures, in a statement. “Consistent with our investment strategy, we are looking forward to working with Xaba to unlock the full potential of their technology as it relates to sustainable construction.”

Hazelview Ventures is the venture capital arm of Canadian real estate owner and developer Hazelview Investments. It targets early-stage property technology, building technology and clean technology cleantech companies.