About LoopX
LoopX is a 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. LoopX operates in a competitive market with competitors including Nuro, Einride, Serve Robotics, driveblocks and Changsha Xingshen Intelligent Technology, among others.
- Headquarter Waterloo, Canada
- Founders Yaodong Cui
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$4.05 M (USD)
in 2 rounds
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Latest Funding Round
$4.05 M (USD), Seed
Aug 04, 2026
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Investors
Accelerator Centre
& 3 more
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Employee Count
Not available
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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.
People of LoopX
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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.
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.
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Investor details for LoopX
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Investments & Acquisitions by LoopX
Investment portfolio details for LoopX
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Financial Statements - LoopX
Detailed financials for LoopX
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Loopx Comparisons
Peer comparison for LoopX
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Competitors of LoopX
LoopX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nuro, Einride, Serve Robotics, driveblocks and Changsha Xingshen Intelligent Technology, among others.
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AI-enabled autonomous vehicles are developed for local goods deliveries.
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Autonomous electric trucks are manufactured for freight and emissions management.
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Autonomous delivery robots are developed for food and parcel services.
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Provider of AI-based autonomous delivery solutions for logistics
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AI-enabled intelligent delivery robots are provided for logistics applications.
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Detailed competitors of LoopX
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Latest news on Loopx
Complete news archive for LoopX
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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.