Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

LoopX Innovation Inc. has raised $4.05M in a Seed round led by BDC Seed Venture Fund and Orion Industrial Ventures, with participation from Hatch. The financing will help expand its team and enhance machine intelligence for mining.

PRIVATEAug 04, 2026•5 days ago

Amount Raised

$4.05 Million

Round Type

Seed

TorontoArtificial IntelligenceMining

Investors

HatchOrion Industrial VenturesBdc Seed Venture Fund

Description

LoopX Innovation Inc. has closed a $4.05M Seed financing round led by BDC Seed Venture Fund and Orion Industrial Ventures, along with participation from Hatch. The funding will be used to grow the team's capabilities in applied AI engineering and customer success. The company focuses on creating machine intelligence for challenging mining environments

Company Information

Company

LoopX Innovation

Location

Toronto, Ontario, Canada

About

LoopX Innovation Inc. is a Physical AI company focused on developing machine intelligence solutions for uncontrolled mining environments. The company's technology aims to enhance safety and efficiency in underground mining operations. LoopX is committed to innovation in the high-risk mining sector. Their recent funding will support expansion efforts in several key areas.

Related People

Suggested for you
2 contacts
Verified contactsChao, Founder & CEO hidden
Predictive Intelligence
Strategic

ML-powered predictions for LoopX Innovation's next move

Learn about Strategic plan

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.