About LoopX
LoopX is a Transportation, Automotive & Logistics company based in Waterloo (Canada) founded in 2021 by Yaodong Cui. LoopX has raised $4.05 million across 2 funding rounds from investors including Accelerator Centre, BDC and Orion Resource Partners. LoopX offers products and services including Situational Awareness System, Autopilot Control System, Autonomous Operation System, and Safe and Smart Mining Platform. Its focus areas include Auto Tech, Autonomous Vehicles, Self Driving Technology and Delivery Vehicles. Its competitors include Nuro, Einride, Serve Robotics, driveblocks and Changsha Xingshen Intelligent Technology; 5 of its 5 listed competitors have raised funding.
Company details
Manufacturer of AI-powered autonomous delivery robots. The company is involved in the design and development of electric autonomous vehicles for delivery services. The vehicle includes features like 3D autonomous parking sensors, closed-loop simulation, etc. It also provides 360-degree perception and is reliable for all weather conditions.
- Total Equity Funding$4.05M (USD)
in 2 rounds
- Latest Funding Round$4.05M (USD), Seed
Aug 2026
- InvestorsAccelerator Centre
& 3 more
Products & Services of LoopX
LoopX offers a comprehensive portfolio of products and services, including Situational Awareness System, Autopilot Control System, Autonomous Operation System, and Safe and Smart Mining Platform.
AI and sensors detect obstacles and provide collision warnings in mining.
Enables automatic actions like braking to prevent mining equipment accidents.
Facilitates task planning and navigation for unmanned mining activities.
Analyzes fleet data to monitor safety risks and optimize mining productivity.
Apps and channels of LoopX
its YouTube channel LoopX has 46 subscribers and 24 videos.
Videos from LoopX
The most watched videos on LoopX's YouTube channel, LoopX (46 subscribers). Click a video to play it here.
More on LoopX.
Funding Insights of LoopX
LoopX has successfully raised a total of $4.05M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.05 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.05M
- Total Rounds 2
- Last Round Seed — $4.05M
- Investors Count 4
All 2 funding rounds of LoopX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $4.05M | Seed | – | BDC, Orion Resource Partners | |
| Sep 2022 | – | Seed | – | Accelerator Centre | – |
4 investors in total: 4 institutional.
Investors in LoopX
LoopX has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Accelerator Centre, BDC and Orion Resource Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are built and accelerated in a structured studio environment. | – | acceleratorcentre.com | Waterloo, Canada | |
- | – | bdc.ca | - | |
- | – | orionrp.com | - | |
- | – | hatch.com | - |
Investor details for LoopX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of LoopX
3 people are tracked at LoopX (3 in leadership).
| Name | Role | Group |
|---|---|---|
Yaodong Cui | Co-Founder | Leadership |
Chao Yu | Founder & CEO | Leadership |
Jinwei Zhang | Chief Operating Officer | Leadership |
Complete people profiles for LoopX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LoopX
3 dated milestones of LoopX across 5 years, from founding to its latest funding, stage changes and deals.
- Founded LoopX is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $4.0M.
Competitors of LoopX
LoopX has 5 listed competitors in our database, 5 of them funded. They include Nuro, Einride, Serve Robotics, driveblocks and Changsha Xingshen Intelligent Technology, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nuro.ai | 2016 | Menlo Park, United States | $2.34B | 1,005 | AI-enabled autonomous vehicles are developed for local goods deliveries. | |
| einride.tech | 2016 | Stockholm, Sweden | $865.3M | – | Autonomous electric trucks are manufactured for freight and emissions management. | |
| serverobotics.com | 2021 | United States | $56M | – | Autonomous delivery robots are developed for food and parcel services. | |
| driveblocks.ai | 2021 | Garching, Germany | $2.36M | – | Provider of AI-based autonomous delivery solutions for logistics | |
| xingshentech.com | 2017 | Changsha, China | $15.22M | – | AI-enabled intelligent delivery robots are provided for logistics applications. |
Detailed competitors of LoopX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Autonomous Vehicles
10 companies that operate in the same segment as LoopX (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | 1,152 | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 515 |
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Frequently Asked Questions about LoopX
LoopX was founded in 2021 and raised its 1st funding round 1 year after it was founded.
LoopX is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
LoopX is a funded company, having raised a total of $4.05M across 2 funding rounds to date.
Manufacturer of AI-powered autonomous delivery robots. The company is involved in the design and development of electric autonomous vehicles for delivery services. The vehicle includes features like 3D autonomous parking sensors, closed-loop simulation, etc. It also provides 360-degree perception and is reliable for all weather conditions.
LoopX's top competitors include Nuro, Einride and Serve Robotics.
LoopX offers Situational Awareness System, Autopilot Control System, Autonomous Operation System, and Safe and Smart Mining Platform.
LoopX has 4 investors. Key investors include Accelerator Centre, BDC, Orion Resource Partners, and Hatch.