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.
- Website
- www.xaba.ai/
- Email ID
- *****@xaba.ai
Key Metrics
Founded Year
2022
Location
Toronto, Canada
Stage
Seed
Total Funding
$8M in 3 rounds
Latest Funding Round
Ranked
6th among 394 active competitors
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 |
View details of Xaba's funding rounds and investors
Xaba's founders and board of directors
Founder? Claim ProfileThe 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:
- Davide Panelli: Co-Founder of Xaba and founder of 1 other company.
- Massimiliano Moruzzi: Co-Founder & CEO of Xaba and founder of 1 other company. Contact Info: 1 email address
View details of Xaba's Founder profiles and Board Members
Xaba's employee count trend
Xaba has 29 employees as of Sep 26. Here is Xaba's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Litmus 2013, Santa Clara (United States), Series C | Developer of industrial data platforms for edge computing and analytics | $42.6M | 71/100 | |
2nd | Augmentus Robotics 2019, Pflugerville (United States), Series A | Developer of no-code robot automation software for complex manufacturing processes | $16M | 63/100 | |
3rd | Luffy AI 2019, Abingdon (United Kingdom), Series A | Developer of adaptive artificial intelligence for real-time control and optimisation | $13.5M | 56/100 | |
4th | KIC 1977, San Diego (United States), Acquired | Provider of thermal process solutions for electronics assembly and semiconductor sectors | - | - | 54/100 |
5th | Mogulinker Technology 2016, Shenzhen (China), Series C | Provider of industrial AI solutions for equipment manufacturing and service | $15.9M | 54/100 | |
6th | Developer of an AI platform for industrial automation and robotics | $8M | 53/100 | ||
7th | Wandelbots 2017, Dresden (Germany), Series C | Developer of a software platform for industrial robot automation and orchestration | $126M | 49/100 | |
8th | Tutor Intelligence 2021, Boston (United States), Series A | Provider of no-code programming software by typing instructions | $48.7M | 47/100 | |
9th | Manufacturer of interactive artificial intelligence devices for emotional companion support | - | 47/100 | ||
10th | 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.
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Xaba Secures $6 Million to Develop AI for Industrial RobotsVentureBeat•Apr 14, 2025•Xaba, Hitachi Ventures, Hazelview Ventures, BDC and 2 others
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Xaba: $2 Million Secured To Build Self-Programming Robotic Systems For ManufacturingPulse 2.0•Jan 11, 2024•Xaba, BDC, Hitachi Ventures, Hazelview Ventures
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Xaba and Rolleri Partner to Develop a Cognitive Autonomous Cobot WorkcellASSEMBLY Magazine•Jul 13, 2023•Xaba, Rolleri Holding S.p.a.
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Lockheed, Xaba Test Cognitive Autonomous Robots for Airframe ManufacturingASSEMBLY Magazine•Jun 23, 2023•Xaba, Lockheed Martin
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Xaba and Rolleri Partner to Develop a Cognitive Autonomous Cobot WorkcellBusiness Wire•Jun 06, 2023•Rolleri Holding S.p.a., Xaba
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Xaba Closes Seed Funding to Drive Intelligent Automation for Sustainable ManufacturingBusiness Wire•Feb 16, 2023•Hazelview Ventures, Whiteshell Group, Xaba
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