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Xaba - About the company

Xaba is a seed company based in Toronto (Canada), founded in 2022 by Davide Panelli and Massimiliano Moruzzi. It operates as a Developer of an AI platform for industrial automation and robotics. Xaba has raised $8M in funding from investors like BDC, Hitachi Ventures and Hazelview Ventures. The company has 394 active competitors, including 27 funded and 25 that have exited. Its top competitors include companies like Litmus, Augmentus Robotics and Luffy AI.

Company Details

Developer of an AI platform for industrial automation and robotics. The platform automates code generation for robots, CNCs, and hybrid systems, eliminating manual coding. It generates control logic across commercial hardware, adapting to production shifts and continuously learning to optimize machine performance. The platform integrates with both legacy equipment and cutting-edge systems, reconfiguring and scaling production.
Email ID
*****@xaba.ai
Key Metrics
Founded Year
2022
Location
Toronto, Canada
Stage
Seed
Total Funding
$8M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
29 as on Sep 30, 2026
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Xaba's funding and investors

Xaba has raised a total funding of $8M over 3 rounds. Its first funding round was on Feb 16, 2023. Its latest funding round was a Seed round on Apr 14, 2025 for $*****. 5 investors participated in its latest round. Xaba has 7 institutional investors.

Here is the list of recent funding rounds of Xaba:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 14, 2025
3140919
Seed
1011975
5083539
3394234
4393207
Jan 09, 2024
1797193
Seed
6570121
6226355
2256116
Feb 16, 2023
6613213
Seed
4772592
2616052
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Xaba's founders and board of directors

Founder? Claim Profile
The founders of Xaba are Davide Panelli and Massimiliano Moruzzi. Massimiliano Moruzzi is the CEO of Xaba.
Here are the details of Xaba's key team members:

Xaba's employee count trend

Xaba has 29 employees as of Sep 26. Here is Xaba's employee count trend over the years:
Employee count trend for Xaba
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Xaba's Competitors and alternates

Top competitors of Xaba include Litmus, Augmentus Robotics and Luffy AI. Here is the list of Top 10 competitors of Xaba, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Litmus
Litmus
2013, Santa Clara (United States), Series C
Developer of industrial data platforms for edge computing and analytics
$42.6M
71/100
2nd
Logo for Augmentus Robotics
Augmentus Robotics
2019, Pflugerville (United States), Series A
Developer of no-code robot automation software for complex manufacturing processes
$16M
63/100
3rd
Logo for Luffy AI
Luffy AI
2019, Abingdon (United Kingdom), Series A
Developer of adaptive artificial intelligence for real-time control and optimisation
$13.5M
56/100
4th
Logo for KIC
KIC
1977, San Diego (United States), Acquired
Provider of thermal process solutions for electronics assembly and semiconductor sectors
-
-
54/100
5th
Logo for Mogulinker Technology
Mogulinker Technology
2016, Shenzhen (China), Series C
Provider of industrial AI solutions for equipment manufacturing and service
$15.9M
54/100
6th
Logo for Xaba
Xaba
2022, Toronto (Canada), Seed
Developer of an AI platform for industrial automation and robotics
$8M
53/100
7th
Logo for Wandelbots
Wandelbots
2017, Dresden (Germany), Series C
Developer of a software platform for industrial robot automation and orchestration
$126M
49/100
8th
Logo for Tutor Intelligence
Tutor Intelligence
2021, Boston (United States), Series A
Provider of no-code programming software by typing instructions
$48.7M
47/100
9th
Logo for Robopoet
Robopoet
2024, Xuhui (China), Seed
Manufacturer of interactive artificial intelligence devices for emotional companion support
-
47/100
10th
Logo for POSCO DX
POSCO DX
2010, Seongnam (South Korea), Public
Developer of industrial automation systems and smart digital manufacturing solutions
-
-
45/100
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Xaba's Investments and acquisitions

Xaba has made no investments or acquisitions yet.

Reports related to Xaba

Here is the latest report on Xaba's sector:

News related to Xaba

Media has covered Xaba for 1 event in last 1 year, It was about partnerships.
•
Digital Twin Consortium Welcomes Xaba as a MemberGlobeNewswire•May 27, 2026•Xaba
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