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LoopX logo — Better Mining With Robotics and AI

LoopX

Better Mining With Robotics and AI

Founded 2022 Canada Waterloo, Canada 7 employees Grant Total: $593.33K AI, Robotics +1

General Information

Company Name LoopX
Founded Year 2022
Location Canada Waterloo, Canada +2
Employees 7
Industries AI, Robotics, Autonomous and Sensor Tech
Funding Stage Grant
Social

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About LoopX

LoopX is a Canadian startup committed to revolutionizing the mining industry with its slogan "Better Mining With Robotics and AI." Founded in 2022, the company is dedicated to enhancing safety, productivity, and sustainability through the development and implementation of AI and autonomous technologies. LoopX aims to address labor shortages across industries and become one of the world's leading providers of AI-powered autonomous solutions. The company's AI-powered Operator Awareness System and Autonomous Operation System are at the forefront of their innovative product lineup. LoopX recently secured a $250.00K grant investment from Mining Innovation Commercialization Accelerator on 24 June 2024, showcasing its potential for growth and disruptive impact in the field of AI, Robotics, Autonomous, and Sensor Tech.

Taxonomy: autonomous technologies, AI-powered solutions, mining equipment, safety enhancement, productivity improvement, labor shortage addressing, operator awareness system, autonomous operation system, robotics, mining technology, AI implementation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 24 Jun 2024
Grant •••••• 1 •••• •••• 22 Jun 2023
Non Equity Assistance •••••• 1
Investor
01 May 2023
Seed Round •••••• 1
Investor
27 Sep 2022

LoopX Alternatives & Competitors

LoopX vs
Haultrax
Haultrax Australia

We pride ourselves on being mining technology and operational specialists, focused on safety, produc...

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LoopX vs
Hexagon Autonomous Solutions
Hexagon Autonomous Solutions Canada

Perception, positioning, & site orchestration enabling full autonomy for agriculture, mining, automo...

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Consumer Electronics
LoopX vs
EACON Mining
EACON Mining Australia

Driving Autonomy in Mining For a Safer and Cleaner Future

Series C
26 employees
IT, Autonomous and Sensor Tech

FAQ About LoopX

Better Mining With Robotics and AI
LoopX was founded in 2022.
LoopX is headquartered in Waterloo, Canada.
LoopX operates in the following industries: AI, Robotics, Autonomous and Sensor Tech.
LoopX has approximately 7 employees.
LoopX has completed 4 funding rounds, raising a total of $593.33K. The latest funding stage is Grant.
Top alternatives and competitors to LoopX include Haultrax, Hexagon Autonomous Solutions, EACON Mining, Greenzie, Pempek. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LoopX and Haultrax are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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