Waterloo-based Axibo, known for its 4D volumetric capture tech used by Netflix and Apple, has raised $12 million to fuel its expansion into humanoid robotics. The round includes $11 million from external investors and $1 million from its founders.
CEO Anoop Gadhrri said Axibo will leverage Waterloo’s AI and engineering talent to pioneer advanced humanoid systems for healthcare, logistics, and home use. The company’s first robot prototype, code-named “T.E.B.,” will debut in early 2026. Axibo is actively recruiting engineers to drive innovation and place Canada at the forefront of global robotics.
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