A Canadian Startup’s Bold Leap into Humanoid Robotics
In an exciting development for the tech industry, Axibo, a Canada-based cinema tech startup, has successfully raised $12 million to launch its humanoid robotics division. This move marks a return to the company’s original vision of creating robots capable of performing various human tasks across industries. The funding will enable Axibo to build and debut its first humanoid robot in 2026, a milestone that could reshape how robots are integrated into everyday life.
From Humble Beginnings to Major Tech Breakthroughs
The story of Axibo began in 2019, when Anoop Gadhrri reached out to Reiner Schmidt with hopes of securing an unpaid opportunity. Along with Sohaib Al-Emara, these McMaster University engineers started experimenting with robotics kits, never imagining that their project would lead them to the forefront of cinematic and robotics innovation. Their initial focus on AI-powered camera assistants evolved over time, and what started as a niche product turned into a crowdfunding success and eventually attracted high-profile clients like Apple and Netflix.
Their innovative work with virtual production technology and partnerships with companies like Netflix, where their tech was used in projects like Aquaman 2: The Lost Kingdom, gained them recognition in the entertainment industry. But as the company expanded, the team knew they wanted to return to their roots and tackle humanoid robotics—an industry with immense potential.
Raising $12 Million: A Strategic Boost
The $12 million funding round led by an undisclosed U.S.-based strategic angel investor and backed by ex-Coinbase CTO, Balaji Srinivasan, values Axibo at $30 million USD ($41.5 million CAD). The majority of the capital—about 70%—will go towards expanding Axibo’s team from eight to nearly 30 employees. To accommodate this growth, the company will also be moving into a larger office space closer to the University of Waterloo, known for its strong engineering programs and robotics talent.
The remaining funding will be directed towards the manufacturing and prototyping of their humanoid robots, with the goal of debuting their first model in 2026.
A Strong Focus on Local Talent and Innovation
Gadhrri expressed his excitement about building the robots in Canada, saying that a significant portion of Axibo’s success will be due to the talent pool in the region. “There’s a lot of talented engineers in robotics at Waterloo University,” he said, reinforcing his commitment to growing Axibo in Canada. His goal is not only to create cutting-edge robots but also to contribute to the local community and economy.
Axibo’s Humanoid Robots: A Glimpse into the Future
Looking beyond entertainment, Axibo plans to use its humanoid robots in a variety of sectors, particularly in agriculture and elder care. Gadhrri, who grew up on a farm, sees great potential for robotics to assist in the labor-intensive agriculture industry, particularly in tasks like crop harvesting and monitoring. Additionally, he believes that robots can provide critical support to an aging population, helping elderly individuals in nursing homes and other care facilities.
“We see our robots as assistants for manual labor across various industries,” Gadhrri explained. “Farming and elder care are two areas that are especially close to my heart.”
Facing Global Competition, Axibo Stays Focused on Canada
While Axibo enters a competitive field with players like Sanctuary AI in Vancouver, Gadhrri remains confident in the company’s unique approach. Despite the well-capitalized Sanctuary AI, which has raised more than $140 million, Gadhrri does not view them as direct competitors. Instead, he looks towards China as the primary competitor, citing the imbalance in the number of humanoid robotics companies in China versus the rest of the world.
He emphasized that the rise of robotics companies in Canada and a growing domestic supply chain will benefit the entire industry. Axibo’s mission is to build not only innovative products but also a strong community of robotics professionals in Canada.
A Vision for the Future: Building in Canada, Giving Back
Gadhrri, an Indian immigrant, feels deeply connected to the country that welcomed him and his family. He views his success as an opportunity to give back to Canada, particularly by creating jobs and contributing to the country’s growing tech sector. “Canada gave me a lot. Gave my family a lot,” he said. “I do feel like I owe Canada a lot.”
Looking Ahead: What’s Next for Axibo?
With the successful funding round and a clear vision for the future, Axibo is poised to make a significant impact on the humanoid robotics industry. As they continue to develop their humanoid robots, the company will also expand its presence in the entertainment industry and beyond, creating more advanced robots for a variety of applications.
Axibo’s ability to innovate and adapt will be crucial as they move forward. By leveraging their experience in virtual production and robotics, they aim to redefine what humanoid robots can achieve and how they can integrate into our daily lives.
Stay tuned to Maple News Wire for updates on Axibo’s groundbreaking humanoid robots and other tech innovations shaping the future of robotics.
