The Canadian AI Index

Companies / AXIBO

AXIBO

AXIBO is a robotics and physical AI company based in Guelph, Ontario. It raised a C$12M venture round in April 2025 from Balaji Srinivasan.

AI robotics for labor automation.

axibo.com

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Founded
2019
HQ
Guelph, ON
Category
Robotics/Physical AI
Status
Active
Disclosed raised
C$12M

Funding history

RoundDateAmountInvestors
Venture roundApr 29, 2025 C$12MBalaji Srinivasan. All-equity; led by an undisclosed US strategic angel (US$7.5M / C$10.4M); Balaji Srinivasan participated; C$1M from founders; values company at US$30M; funds humanoid robotics division

Founders

Sources

Data as of November 10, 2026.

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