What does Xaba do?
Xaba is an industrial AI company that builds xCognition, a platform empowering industrial robots and cobots with zero-code AI to autonomously perform tasks such as welding, drilling, assembling, and additive manufacturing.
How much did they raise?
The company secured $6M in a Seed extension round led by Hitachi Ventures, with participation from Hazelview Ventures, BDC Capital, Exposition Ventures, and Impact Venture Capital.
What are their plans for the money?
With the new funds, Xaba intends to accelerate the deployment of its AI-powered robotics and cognitive industrial control systems, aiming to transform manufacturing processes across sectors including aerospace, automotive, and general industrial operations.
What have they achieved so far?
Xaba’s AI technology has already made strides in improving efficiency in aerospace, automotive, and manufacturing by reducing the need for costly rework and manual adjustments.