Axibo, a Canadian robotics company recognized for its cinema robotics utilized by major players like Netflix and Apple, has successfully raised $12 million to establish Axibo AI, a new division dedicated to the development of humanoid robots. The funding includes $11 million from external investors and $1 million from the founders themselves. Based in Waterloo, Axibo aims to leverage its manufacturing expertise to create a modular platform for these robots, with plans to unveil a prototype by early 2026. This initiative reflects the company's commitment to advancing robotics technology and expanding its product offerings in the rapidly evolving field of artificial intelligence.
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Original from HumanoidsDaily: Cinema Robotics Firm Axibo Secures $12M to Build Humanoid Robots in Canada
Cinema Robotics Firm Axibo Secures $12M to Build Humanoid Robots in Canada
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