Portfolio Company News: Xaba Closes $2 Million Seed Extension to Deliver Intelligent, Self-programming Robotic Systems for Manufacturing

Funding will enable Xaba to democratize robotic automation and drive sustainable manufacturing January 09, 2024 06:30 AM Eastern Standard Time TORONTO–(BUSINESS WIRE)–Xaba, developer of the first AI-powered cognitive software solution to automate programming and deployment of robotics and CNC machines, today announced it has raised US$2 million in a seed extension round of funding toContinue reading “Portfolio Company News: Xaba Closes $2 Million Seed Extension to Deliver Intelligent, Self-programming Robotic Systems for Manufacturing”

Portfolio Company News: Energy Dome Announces Funding Commitments From Breakthrough Energy Catalyst and the European Investment Bank to Support Construction of Its First Standard Commercial-Scale CO2 Battery

December 01, 2023 06:45 AM Eastern Standard Time DUBAI, United Arab Emirates–(BUSINESS WIRE)–Today, at COP28, Energy Dome has announced funding commitments for its first CO2-based and innovative thermo-mechanical energy storage system to be located in Sardinia, Italy. Funding will be in the form of a project-level grant commitment of up to €35,000,000 from Breakthrough EnergyContinue reading “Portfolio Company News: Energy Dome Announces Funding Commitments From Breakthrough Energy Catalyst and the European Investment Bank to Support Construction of Its First Standard Commercial-Scale CO2 Battery”

Portfolio Company News: Augmenta Raises US$11.75 Million in Seed Extension to Disrupt the Construction Industry Through Automated Building Design

Investment will enable the commercialization of the Augmenta Construction Platform electrical module and support the development of plumbing and mechanical modules TORONTO–(BUSINESS WIRE)–Augmenta, the company automating building design for the construction industry, today announced it has raised US$11.75 million in a seed extension round that will be used to commercialize the company’s groundbreaking design platformContinue reading “Portfolio Company News: Augmenta Raises US$11.75 Million in Seed Extension to Disrupt the Construction Industry Through Automated Building Design”

Portfolio Company News: Xaba and Rolleri Partner to Develop a Cognitive Autonomous Cobot WorkcellPortfolio Company News:

Integration of Xaba’s xCognition physics-informed, machine learning model with Rolleri cobots proven to increase accuracy and consistency in welding operations in manufacturing June 06, 2023 08:00 AM Eastern Daylight Time TORONTO & VIGOLZONE, Italy–(BUSINESS WIRE)–Xaba, developers of xCognition, the first AI-driven robotics and CNC machine controller, today announced a collaboration with Rolleri Holding SpA focused on theContinue reading “Portfolio Company News: Xaba and Rolleri Partner to Develop a Cognitive Autonomous Cobot WorkcellPortfolio Company News:”

Portfolio Company News: Energy Dome gets $44M uplift into its CO2 battery for renewable energy storagePortfolio Company News:

Italian climate startup Energy Dome, which has developed a “CO2 Battery” for storing renewable energy, has closed a €40 million (~$44M) Series B round — bringing the total raised for its novel energy storage solution to €54M (or just shy of $60M). The round was co-led by Eni Next, the corporate VC arm of Italian energy giantContinue reading “Portfolio Company News: Energy Dome gets $44M uplift into its CO2 battery for renewable energy storagePortfolio Company News:”

Portfolio Company News: Xaba Closes Seed Funding to Drive Intelligent Automation for Sustainable ManufacturingPortfolio Company News:

February 16, 2023 07:00 AM Eastern Standard Time TORONTO–(BUSINESS WIRE)–Xaba, developers of the first AI-driven robotics and CNC machine controller, today announced it has closed a round of seed funding to bring to market AI-driven fabrication processes and intelligent autonomous machines. The funding round was led by Hazelview Ventures with participation from Whiteshell Group Inc. The investment willContinue reading “Portfolio Company News: Xaba Closes Seed Funding to Drive Intelligent Automation for Sustainable ManufacturingPortfolio Company News:”

Portfolio Company News: Canada’s home-built, sustainable EV with 3D-printed chassis to be teased in Windsor

Today, we’ll get a glimpse of Canada’s home-built Project Arrow electric vehicle when the wrap is raised on a couple of corners of the car in Windsor. That’ll be it though, at the annual conference of the Automotive Parts Manufacturers’ Association (APMA). It will just be a tease for the cameras, and a showcase forContinue reading “Portfolio Company News: Canada’s home-built, sustainable EV with 3D-printed chassis to be teased in Windsor”

Portfolio Company News: Augmenta Emerges from Stealth Mode and Raises US$4.1 Million in Seed Funding to Automate Building Design for the Construction Industry

Augmenta Construction Platform enables contractors and engineers to design fully-detailed, code-compliant, and constructible designs in hours rather than weeks or months TORONTO–(BUSINESS WIRE)–Augmenta, the company automating building design for the construction industry, today announced it has emerged from stealth mode with US$4.1 million in seed funding to bring to market its design platform for theContinue reading “Portfolio Company News: Augmenta Emerges from Stealth Mode and Raises US$4.1 Million in Seed Funding to Automate Building Design for the Construction Industry”

Whiteshell Advisory Pleased to Participate in Bringing Two Iconic Canadian Transportation Companies Together

Fastfrate Group announces majority acquisition of Challenger Group TORONTO, June 16, 2022 /CNW/ – Today, Fastfrate Group has announced the majority acquisition of the Challenger Group. The newly combined entity will help address the rapidly changing state of supply chains. Fastfrate Group will add the Challenger Group’s industry-leading cross-border trucking capabilities to complete an already diverse suiteContinue reading “Whiteshell Advisory Pleased to Participate in Bringing Two Iconic Canadian Transportation Companies Together”

Portfolio Company News: Energy Dome Launches World’s First CO2 Battery Long-Duration Energy Storage Plant

Energy Dome, a provider of utility-scale long-duration energy storage, has successfully launched its first CO2 Battery facility in Sardinia, Italy. This milestone marks the final de-risking of the CO2 Battery technology as Energy Dome enters the commercial scaling phase, becoming the first commercial long-duration energy storage technology on the market offering a reliable alternative to fossilContinue reading “Portfolio Company News: Energy Dome Launches World’s First CO2 Battery Long-Duration Energy Storage Plant”